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2 The Terrace is a residential building situated on The Terrace, Torquay, TQ1 with 2 addresses.
It ranks as the 184th largest and 216th most expensive of the 1,502 buildings in the TQ1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
2 The Terrace is a residential building situated on The Terrace, Torquay, TQ1 with 2 addresses.
It ranks as the 184th largest and 216th most expensive of the 1,502 buildings in the TQ1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £103,621 for 2 bedroom leasehold flats (624 ft2) to £104,393 for 2 bedroom leasehold flats (635 ft2) .
Monthly rental prices range from £697 pcm for 2 bed flats to £698 pcm for 2 bed flats.
The gross rental yield is between 8.0% and 8.1%.
The average value per square foot is £165.
The last sale in 2 The Terrace sold for £98,000 on 25th June 2021. Since then prices are up an average of 2.7%.
The current average value in the building is £104,007.
The 2 The Terrace Sales Market has increased by 15.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.9% | £104,007 |
| May 2025 | -2.9% | £107,091 |
| May 2024 | -2.7% | £110,292 |
| May 2023 | 1.2% | £113,315 |
| May 2022 | 12% | £111,989 |
| May 2021 | 8.6% | £100,009 |
| May 2020 | 2% | £92,080 |
| May 2019 | 0.6% | £90,240 |
| May 2018 | -0.8% | £89,690 |
| May 2017 | 0% | £90,449 |
| May 2016 | 5.5% | £90,440 |
| May 2015 | 3.8% | £85,744 |
| May 2014 | -0.5% | £82,566 |
| May 2013 | 3.8% | £82,974 |
| May 2012 | -7.2% | £79,907 |
| May 2011 | 1.1% | £86,060 |
| May 2010 | 1.4% | £85,134 |
| May 2009 | -12.9% | £83,934 |
| May 2008 | 1.4% | £96,390 |
| May 2007 | 0% | £95,051 |
The current average rental value in the building is £698.
The 2 The Terrace Rental Market has increased by 43.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.9% | £698pcm |
| May 2025 | 0.4% | £672pcm |
| May 2024 | 5.5% | £669pcm |
| May 2023 | 4.7% | £634pcm |
| May 2022 | 13.2% | £606pcm |
| May 2021 | 4.1% | £535pcm |
| May 2020 | 4.9% | £514pcm |
| May 2019 | 2.7% | £490pcm |
| May 2018 | -1% | £477pcm |
| May 2017 | -0.9% | £482pcm |
| May 2016 | 1.4% | £487pcm |
| May 2015 | -0.1% | £480pcm |
| May 2014 | 1.9% | £480pcm |
| May 2013 | -1.2% | £471pcm |
| May 2012 | -0.4% | £477pcm |
| May 2011 | 1.2% | £479pcm |
| May 2010 | 0% | £474pcm |
| May 2009 | -19.1% | £474pcm |
| May 2008 | 19.4% | £586pcm |
| May 2007 | 0% | £491pcm |
The last sale was on 25th June 2021 for £98,000 and since then the market in the area has increased by 2.7%. The building has had a total of 2 sales since 1995.
2, The Terrace, Torquay, TQ1 1BN has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, The Terrace, Torquay, TQ1 1BN is Torquay station which is 1.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Terrace, Torquay, TQ1 1BN, 43.4% of property is privately rented and 41.9% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, The Terrace, Torquay, TQ1 1BN, 6.9% of residents are recorded as possessing school level qualifications and 26.8% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, The Terrace, Torquay, TQ1 1BN, the average age was 55.4 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, The Terrace, Torquay, TQ1 1BN, 1.8% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, The Terrace, Torquay, TQ1 1BN, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.