TQ1 2LR

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TQ1 2LRHouse Prices / South West, Torbay, Meadfoot Road

Name: TQ1 2LR
Address: TQ1 2LR, Torbay, South West, TQ1 2LR, United Kingdom

Last updated May 2026

Key Postcode Insights

TQ1 2LR is a residential postcode situated on Meadfoot Road, Torquay, TQ1 with 17 addresses.

It ranks as the 408th largest and 388th most expensive of the 844 postcodes in the TQ1 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 17 properties: 17 flats.

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Flats

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Key Postcode Insights

TQ1 2LR is a residential postcode situated on Meadfoot Road, Torquay, TQ1 with 17 addresses.

It ranks as the 408th largest and 388th most expensive of the 844 postcodes in the TQ1 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 17 properties: 17 flats.

Properties

Flats

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House Pricesin TQ1 2LR

Sale prices range from £197,885 for 2 bedroom leasehold flats (645 ft²) to £305,912 for 3 bedroom leasehold flats (1,474 ft²) .

Monthly rental prices range from £982 pcm for 2 bed flats to £1,285 pcm for 3 bed flats.

The gross rental yield is between 5.0% and 6.0%.

The average value per square foot is £284.

Average Sale Value

£219,742

Average Rental Value

£1,016 pcm

Average Rental Yield

5.5% /year

Average Value Per Sqft

£284 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin TQ1 2LR

The last sale in TQ1 2LR sold for £245,000 on 24th January 2025. Since then prices are down an average of 2.5%.

The current average value in the postcode is £219,742.
The TQ1 2LR Sales Market has increased by 16.3% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-1.5%	£219,742
April 2025	-3.6%	£223,118
April 2024	-2.5%	£231,386
April 2023	2.1%	£237,392
April 2022	11.8%	£232,442
April 2021	8.1%	£207,908
April 2020	1.9%	£192,322
April 2019	0.9%	£188,787
April 2018	-1.7%	£187,068
April 2017	0.7%	£190,294
April 2016	5.8%	£188,892
April 2015	4%	£178,464
April 2014	-0.4%	£171,531
April 2013	4%	£172,243
April 2012	-6.9%	£165,689
April 2011	1.1%	£177,954
April 2010	1.4%	£176,045
April 2009	-13.7%	£173,687
April 2008	2.7%	£201,177
April 2007	0%	£195,890

Rental Market Trendsin TQ1 2LR

The current average rental value in the postcode is £1,016.
The TQ1 2LR Rental Market has increased by 42.4% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	4.4%	£1,016pcm
April 2025	0.2%	£974pcm
April 2024	5.3%	£971pcm
April 2023	5.1%	£923pcm
April 2022	12.6%	£878pcm
April 2021	3.9%	£780pcm
April 2020	4.8%	£750pcm
April 2019	2.6%	£716pcm
April 2018	-1.6%	£698pcm
April 2017	-0.6%	£709pcm
April 2016	1.8%	£714pcm
April 2015	0.2%	£701pcm
April 2014	1.7%	£699pcm
April 2013	-0.5%	£687pcm
April 2012	0.2%	£691pcm
April 2011	0.5%	£690pcm
April 2010	-1.2%	£686pcm
April 2009	-17.6%	£694pcm
April 2008	19.3%	£843pcm
April 2007	0%	£707pcm

Explore Buildingsin TQ1 2LR, Meadfoot Road, Torquay, TQ1

Meadfoot Grange, Meadfoot Road, Torquay, TQ1 Modern building17 units

Sales History
in TQ1 2LR

The last sale was on 24th January 2025 for £245,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 48 sales since 1995.