TQ2 5PA is a residential postcode situated on St. Lukes Road South, Torquay, TQ2 with 31 addresses.
It ranks as the 671st largest and 466th 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 31 properties: 31 flats.
TQ2 5PA is a residential postcode situated on St. Lukes Road South, Torquay, TQ2 with 31 addresses.
It ranks as the 671st largest and 466th 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 31 properties: 31 flats.
Sale prices range from £203,960 for 2 bedroom leasehold flats with a balcony (676 ft2) to £281,586 for 3 bedroom leasehold flats with a balcony (1,205 ft2) .
Monthly rental prices range from £995 pcm for 2 bed flats to £1,182 pcm for 3 bed flats.
The gross rental yield is between 5.0% and 5.9%.
The average value per square foot is £279.
The last sale in TQ2 5PA sold for £300,000 on 1st July 2025. Since then prices are up an average of 1.4%.
The current average value in the postcode is £250,523.
The TQ2 5PA Sales Market has increased by 14.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £250,523 |
| April 2025 | -4.4% | £251,881 |
| April 2024 | -2.6% | £263,603 |
| April 2023 | 1.6% | £270,741 |
| April 2022 | 11.9% | £266,460 |
| April 2021 | 7.1% | £238,229 |
| April 2020 | 2% | £222,372 |
| April 2019 | 1.4% | £217,938 |
| April 2018 | -1.6% | £214,850 |
| April 2017 | 0% | £218,370 |
| April 2016 | 5.8% | £218,458 |
| April 2015 | 4.4% | £206,425 |
| April 2014 | 0.8% | £197,811 |
| April 2013 | 4.2% | £196,295 |
| April 2012 | -6.4% | £188,377 |
| April 2011 | 0.9% | £201,171 |
| April 2010 | 1.9% | £199,300 |
| April 2009 | -13.6% | £195,520 |
| April 2008 | 1.4% | £226,372 |
| April 2007 | 0% | £223,289 |
The current average rental value in the postcode is £1,096.
The TQ2 5PA Rental Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.4% | £1,096pcm |
| April 2025 | -0.7% | £1,039pcm |
| April 2024 | 5.1% | £1,047pcm |
| April 2023 | 4.5% | £996pcm |
| April 2022 | 12.7% | £952pcm |
| April 2021 | 3% | £845pcm |
| April 2020 | 5% | £820pcm |
| April 2019 | 3.2% | £781pcm |
| April 2018 | -1.6% | £758pcm |
| April 2017 | -1.4% | £770pcm |
| April 2016 | 1.8% | £781pcm |
| April 2015 | 0.6% | £767pcm |
| April 2014 | 2.8% | £762pcm |
| April 2013 | -0.2% | £741pcm |
| April 2012 | 0.7% | £743pcm |
| April 2011 | 0.4% | £738pcm |
| April 2010 | -0.6% | £735pcm |
| April 2009 | -17.8% | £740pcm |
| April 2008 | 17.9% | £900pcm |
| April 2007 | 0% | £763pcm |
The last sale was on 1st July 2025 for £300,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 52 sales since 1995.
TQ2 5PA has seen 3 sales in the last three years and 1 sale in the last twelve months.
TQ2 5PA is the 671st largest and the 466th most expensive postcode out of the 859 postcodes in the TQ2 area.
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The closest station to TQ2 5PA is Torquay station which is 1.0 kilometres away.
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