TQ1 3LR is a residential postcode situated on Babbacombe Downs Road, Torquay, TQ1 with 4 addresses.
It ranks as the 114th largest and 690th most expensive of the 844 postcodes in the TQ1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
TQ1 3LR is a residential postcode situated on Babbacombe Downs Road, Torquay, TQ1 with 4 addresses.
It ranks as the 114th largest and 690th most expensive of the 844 postcodes in the TQ1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 4 properties: 3 houses and 1 flat.
Sale prices range from £196,636 for 3 bedroom Leasehold flats with a garden (2,583 ft2) to £429,542 for 3 bedroom freehold houses with a garden (1,001 ft2) .
Monthly rental prices range from £977 pcm for 3 bed flats to £1,724 pcm for 3 bed houses.
The gross rental yield is between 4.8% and 6.0%.
The average value per square foot is £447.
The last sale in TQ1 3LR sold for £450,000 on 1st October 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £335,903.
The TQ1 3LR Sales Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £335,903 |
| April 2025 | -2.8% | £339,271 |
| April 2024 | -3% | £349,017 |
| April 2023 | 3.3% | £359,813 |
| April 2022 | 13.7% | £348,266 |
| April 2021 | 8.9% | £306,349 |
| April 2020 | 1.4% | £281,381 |
| April 2019 | 2.3% | £277,563 |
| April 2018 | 0.4% | £271,433 |
| April 2017 | 1.1% | £270,395 |
| April 2016 | 7.2% | £267,416 |
| April 2015 | 4.2% | £249,453 |
| April 2014 | 0% | £239,417 |
| April 2013 | 5.4% | £239,395 |
| April 2012 | -6.3% | £227,174 |
| April 2011 | 2.2% | £242,554 |
| April 2010 | 3.8% | £237,397 |
| April 2009 | -15.4% | £228,806 |
| April 2008 | 2.7% | £270,547 |
| April 2007 | 0% | £263,527 |
The current average rental value in the postcode is £1,429.
The TQ1 3LR Rental Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5% | £1,429pcm |
| April 2025 | 1% | £1,362pcm |
| April 2024 | 4.8% | £1,348pcm |
| April 2023 | 6.2% | £1,286pcm |
| April 2022 | 14.8% | £1,211pcm |
| April 2021 | 4.6% | £1,055pcm |
| April 2020 | 4.3% | £1,009pcm |
| April 2019 | 4% | £967pcm |
| April 2018 | 0.5% | £930pcm |
| April 2017 | -0.1% | £925pcm |
| April 2016 | 3.1% | £926pcm |
| April 2015 | 0.3% | £898pcm |
| April 2014 | 2.5% | £896pcm |
| April 2013 | 0.5% | £874pcm |
| April 2012 | 1.1% | £870pcm |
| April 2011 | 1.5% | £861pcm |
| April 2010 | 1% | £848pcm |
| April 2009 | -19.3% | £839pcm |
| April 2008 | 19.4% | £1,039pcm |
| April 2007 | 0% | £870pcm |
The last sale was on 1st October 2024 for £450,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 10 sales since 1995.
TQ1 3LR has seen 1 sale in the last three years and no sales in the last twelve months.
TQ1 3LR is the 114th largest and the 690th most expensive postcode out of the 844 postcodes in the TQ1 area.
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The closest station to TQ1 3LR is Torre station which is 2.4 kilometres away.
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