Melville Street - TQ2 5SZ
Key Postcode Insights
TQ2 5SZ is a residential postcode situated on Melville Street, Torquay, TQ2 with 31 addresses.
It ranks as the 673rd largest and 14th most expensive of the 859 postcodes in the TQ2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 31 properties: 5 houses and 26 flats.
- Ave. Sale Price
- £102,749
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £652pcm
- 10 Year change
- up 50.5%
- Ave. £ per ft²
- £173/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
TQ2 5SZ is a residential postcode situated on Melville Street, Torquay, TQ2 with 31 addresses.
It ranks as the 673rd largest and 14th most expensive of the 859 postcodes in the TQ2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 31 properties: 5 houses and 26 flats.
- Ave. Sale Price
- £102,749
- 10 Year change
- up 22.2%
- Ave. Rental Price
- £652pcm
- 10 Year change
- up 50.5%
- Ave. £ per ft²
- £173/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin TQ2 5SZ
- 12 Melville Street
3 Bed Period House
- 13 Melville Street
Building  |  3 Flats
- 15 Melville Street
3 Bed Period House
- 16 Melville Street
2 Bed Period House
- 17 Melville Street
Building  |  2 Flats
Sales Market Trends
The last sale in TQ2 5SZ sold for £222,500 on 25th March 2024. Since then prices are down an average of 3.6%.
The current average value in the postcode is £102,749.
The TQ2 5SZ Sales Market has increased by 22.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £102,749 |
| June 2025 | -2.5% | £103,312 |
| June 2024 | -3.4% | £106,013 |
| June 2023 | 1.3% | £109,713 |
| June 2022 | 12.4% | £108,307 |
| June 2021 | 9.5% | £96,328 |
| June 2020 | 2.2% | £87,931 |
| June 2019 | 1.1% | £86,062 |
| June 2018 | 1% | £85,128 |
| June 2017 | 0.2% | £84,252 |
| June 2016 | 5.6% | £84,062 |
| June 2015 | 4.3% | £79,605 |
| June 2014 | -0.6% | £76,354 |
| June 2013 | 4.6% | £76,816 |
| June 2012 | -5.9% | £73,404 |
| June 2011 | 0.4% | £77,972 |
| June 2010 | 2.7% | £77,670 |
| June 2009 | -11.9% | £75,632 |
| June 2008 | -0.6% | £85,822 |
| June 2007 | 0% | £86,359 |
Rental Market Trends
The current average rental value in the postcode is £652.
The TQ2 5SZ Rental Market has increased by 50.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £652pcm |
| June 2025 | 0.8% | £622pcm |
| June 2024 | 4.8% | £617pcm |
| June 2023 | 5% | £589pcm |
| June 2022 | 14.6% | £561pcm |
| June 2021 | 4.8% | £489pcm |
| June 2020 | 4.3% | £467pcm |
| June 2019 | 3.4% | £447pcm |
| June 2018 | 0.6% | £433pcm |
| June 2017 | -0.7% | £430pcm |
| June 2016 | 1.9% | £433pcm |
| June 2015 | 0.5% | £425pcm |
| June 2014 | 2% | £423pcm |
| June 2013 | -0.7% | £415pcm |
| June 2012 | 0% | £418pcm |
| June 2011 | 1.4% | £418pcm |
| June 2010 | 1.7% | £412pcm |
| June 2009 | -19.5% | £405pcm |
| June 2008 | 18.2% | £503pcm |
| June 2007 | 0% | £425pcm |
Sales History
The last sale was on 25th March 2024 for £222,500 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 21 sales since 1995.
TQ2 5SZ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2024£222,500 | 5 Bed House24, Melville Street, Torquay, TQ2 5SZ24, Melville Street, Torquay, TQ2 5SZ
- Sold Jan 2023£110,000 | 2 Bed FlatFlat 2, 22, Melville Street, Torquay, TQ2 5SZFlat 2, 22, Melville Street, Torquay, TQ2 5SZ
- Sold Aug 2018£115,000 | 3 Bed House15, Melville Street, Torquay, TQ2 5SZ15, Melville Street, Torquay, TQ2 5SZ
- Sold Mar 2018£172,500 | 5 Bed House21, Melville Street, Torquay, TQ2 5SZ21, Melville Street, Torquay, TQ2 5SZ
- Sold Sep 2017£132,500 | 3 Bed House12, Melville Street, Torquay, TQ2 5SZ12, Melville Street, Torquay, TQ2 5SZ
Nearby Postcodes
TQ2 5SZ is the 673rd largest and the 14th most expensive postcode out of the 859 postcodes in the TQ2 area.
- TQ2 5TA, Melville Street, Torquay, TQ2TQ2 5TA25 Addresses|31 m away
- TQ2 5SH, Warren Hill, Torquay, TQ2TQ2 5SH7 Addresses|31 m away
- TQ2 5TD, Warren Hill, Torquay, TQ2TQ2 5TD16 Addresses|40 m away
- TQ2 5TB, Melville Lane, Torquay, TQ2TQ2 5TB7 Addresses|41 m away
- TQ2 5NB, Abbey Road, Torquay, TQ2TQ2 5NB51 Addresses|44 m away
Property Types
- 5 period houses built between 1800 and 1911
- 26 period flats built between 1800 and 1911
- period house (5)
- period flat (26)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (2)
- C (6)
- G (0)
- D (13)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Mar 2024£222,500 | 5 Bed House24, Melville Street, Torquay, TQ2 5SZ24, Melville Street, Torquay, TQ2 5SZ
- Sold Jun 2019£220,000 | 2 Bed Flat3A, Melville Street, Torquay, TQ2 5TA3A, Melville Street, Torquay, TQ2 5TA
- Sold Oct 2020£190,000 | 1 Bed Flat7, Melville Street, Torquay, TQ2 5TA7, Melville Street, Torquay, TQ2 5TA
Schools Nearby
- Ellacombe Church of England Academy800 m away
- Warberry CofE Academy900 m away
- Upton St James CofE Primary School1.1 km away
- The Spires College1.2 km away
- Torquay Academy2.0 km away
- St Cuthbert Mayne School2.2 km away
More reading links
Public Transport Nearby
The closest station to TQ2 5SZ is Torquay station, which is 1.2 kilometres away.
- Torquay|1.2 km away
- Torre|1.6 km away
- Paignton|4.2 km away
- Newton Abbot|8.8 km away
