TQ2 5LD is a residential postcode situated on Avenue Road, Torquay, TQ2 with 24 addresses.
It ranks as the 556th largest and 163rd most expensive of the 859 postcodes in the TQ2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
TQ2 5LD is a residential postcode situated on Avenue Road, Torquay, TQ2 with 24 addresses.
It ranks as the 556th largest and 163rd most expensive of the 859 postcodes in the TQ2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £141,349 for 2 bedroom leasehold flats with a balcony (581 ft2) to £160,673 for 2 bedroom leasehold flats with a balcony (757 ft2) .
Monthly rental prices range from £834 pcm for 2 bed flats to £858 pcm for 2 bed flats.
The gross rental yield is between 6.4% and 7.1%.
The average value per square foot is £232.
The last sale in TQ2 5LD sold for £152,000 on 2nd July 2024. Since then prices are down an average of 2.9%.
The current average value in the postcode is £148,325.
The TQ2 5LD Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £148,325 |
| April 2025 | -2.4% | £149,374 |
| April 2024 | -3.1% | £153,118 |
| April 2023 | 1.2% | £158,081 |
| April 2022 | 14.6% | £156,166 |
| April 2021 | 6.9% | £136,243 |
| April 2020 | 1.3% | £127,440 |
| April 2019 | 1.6% | £125,838 |
| April 2018 | -0.3% | £123,848 |
| April 2017 | 1.1% | £124,283 |
| April 2016 | 5.3% | £122,891 |
| April 2015 | 2.2% | £116,690 |
| April 2014 | 2.9% | £114,134 |
| April 2013 | -1.4% | £110,899 |
| April 2012 | -4.2% | £112,416 |
| April 2011 | 1.8% | £117,388 |
| April 2010 | -1.9% | £115,343 |
| April 2009 | -12.7% | £117,633 |
| April 2008 | 4.8% | £134,796 |
| April 2007 | 0% | £128,608 |
The current average rental value in the postcode is £845.
The TQ2 5LD Rental Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.2% | £845pcm |
| April 2025 | 1.3% | £803pcm |
| April 2024 | 4.1% | £793pcm |
| April 2023 | 4.6% | £762pcm |
| April 2022 | 13.8% | £728pcm |
| April 2021 | 3.9% | £640pcm |
| April 2020 | 4% | £616pcm |
| April 2019 | 3.7% | £592pcm |
| April 2018 | -1.8% | £571pcm |
| April 2017 | -1.6% | £581pcm |
| April 2016 | 1.7% | £591pcm |
| April 2015 | -0.3% | £581pcm |
| April 2014 | 1.2% | £582pcm |
| April 2013 | -1.7% | £575pcm |
| April 2012 | -0.1% | £586pcm |
| April 2011 | 1.7% | £586pcm |
| April 2010 | -3.3% | £576pcm |
| April 2009 | -19.4% | £596pcm |
| April 2008 | 21.9% | £740pcm |
| April 2007 | 0% | £607pcm |
The last sale was on 2nd July 2024 for £152,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 50 sales since 1995.
TQ2 5LD has seen 3 sales in the last three years and no sales in the last twelve months.
TQ2 5LD is the 556th largest and the 163rd most expensive postcode out of the 859 postcodes in the TQ2 area.
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The closest station to TQ2 5LD is Torre station which is 500 metres away.
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