Melville Street - TQ2 5TA
Key Postcode Insights
TQ2 5TA is a residential postcode situated on Melville Street, Torquay, TQ2 with 25 addresses.
It ranks as the 582nd largest and 23rd 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 25 properties: 3 houses and 22 flats.
- Ave. Sale Price
- £90,236
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £607pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £214/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Postcode Insights
TQ2 5TA is a residential postcode situated on Melville Street, Torquay, TQ2 with 25 addresses.
It ranks as the 582nd largest and 23rd 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 25 properties: 3 houses and 22 flats.
- Ave. Sale Price
- £90,236
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £607pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £214/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Propertiesin TQ2 5TA
- Travis House
Modern Building | 5 Units
- 1 Melville Street
Building  |  3 Flats
- 2 Melville Street
Building  |  2 Flats
- 3A Melville Street
2 Bed Flat
- 3 Melville Street
2 Bed Period Flat
Sales Market Trends
The last sale in TQ2 5TA sold for £62,000 on 23rd May 2023. Since then prices are down an average of 6.3%.
The current average value in the postcode is £90,236.
The TQ2 5TA Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £90,236 |
| June 2025 | -2.2% | £90,780 |
| June 2024 | -3.4% | £92,839 |
| June 2023 | 1.1% | £96,104 |
| June 2022 | 12.4% | £95,021 |
| June 2021 | 9.5% | £84,503 |
| June 2020 | 2.1% | £77,140 |
| June 2019 | 1.1% | £75,527 |
| June 2018 | 1% | £74,694 |
| June 2017 | 0.1% | £73,944 |
| June 2016 | 5.6% | £73,902 |
| June 2015 | 4.2% | £70,003 |
| June 2014 | -0.9% | £67,210 |
| June 2013 | 4.6% | £67,797 |
| June 2012 | -6% | £64,803 |
| June 2011 | 0.1% | £68,934 |
| June 2010 | 2.2% | £68,883 |
| June 2009 | -12.2% | £67,367 |
| June 2008 | -0.4% | £76,722 |
| June 2007 | 0% | £77,063 |
Rental Market Trends
The current average rental value in the postcode is £607.
The TQ2 5TA Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £607pcm |
| June 2025 | 1.1% | £579pcm |
| June 2024 | 4.7% | £572pcm |
| June 2023 | 4.8% | £546pcm |
| June 2022 | 14.6% | £521pcm |
| June 2021 | 4.8% | £455pcm |
| June 2020 | 4.2% | £434pcm |
| June 2019 | 3.4% | £416pcm |
| June 2018 | 0.5% | £402pcm |
| June 2017 | -0.9% | £400pcm |
| June 2016 | 1.8% | £404pcm |
| June 2015 | 0.4% | £396pcm |
| June 2014 | 1.8% | £395pcm |
| June 2013 | -0.7% | £388pcm |
| June 2012 | -0.2% | £391pcm |
| June 2011 | 1.1% | £391pcm |
| June 2010 | 1.3% | £387pcm |
| June 2009 | -19.7% | £382pcm |
| June 2008 | 18.4% | £476pcm |
| June 2007 | 0% | £402pcm |
Sales History
The last sale was on 23rd May 2023 for £62,000 and since then the market in the area has decreased by 6.3%. The postcode has had a total of 32 sales since 1995.
TQ2 5TA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£62,000 | 1 Bed FlatFlat 1, Travis House, Melville Street, Torquay, TQ2 5TAFlat 1, Travis House, Melville Street, Torquay, TQ2 5TA
- Sold Dec 2022£95,000 | 2 Bed Flat2A, Melville Street, Torquay, TQ2 5TA2A, Melville Street, Torquay, TQ2 5TA
- Sold Oct 2021£110,000 | 2 Bed FlatFlat 3, 1, Melville Street, Torquay, TQ2 5TAFlat 3, 1, Melville Street, Torquay, TQ2 5TA
- Sold Aug 2021£102,000 | 2 Bed FlatFlat 2, 1, Melville Street, Torquay, TQ2 5TAFlat 2, 1, Melville Street, Torquay, TQ2 5TA
- Sold Apr 2021£120,000 | 3 Bed House5, Melville Street, Torquay, TQ2 5TA5, Melville Street, Torquay, TQ2 5TA
Nearby Postcodes
TQ2 5TA is the 582nd largest and the 23rd most expensive postcode out of the 859 postcodes in the TQ2 area.
- TQ2 5TB, Melville Lane, Torquay, TQ2TQ2 5TB7 Addresses|11 m away
- TQ2 5SH, Warren Hill, Torquay, TQ2TQ2 5SH7 Addresses|27 m away
- TQ2 5TD, Warren Hill, Torquay, TQ2TQ2 5TD16 Addresses|30 m away
- TQ2 5SZ, Melville Street, Torquay, TQ2TQ2 5SZ31 Addresses|31 m away
- TQ2 5SY, Melville Place, Torquay, TQ2TQ2 5SY10 Addresses|51 m away
Property Types
- 1 period house built between 1800 and 1911
- 16 period flats built between 1800 and 1911
- 5 modern flats built after 1980
- 1 house of an unknown age
- 1 flat of an unknown age
- 1 other address of unknown type
- period house (1)
- period flat (16)
- modern flat (5)
- house (1)
- flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (1)
- F (0)
- C (4)
- G (0)
- D (12)
- No EPC (5)
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
- Cockington Primary School1.2 km away
- The Spires College1.3 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 5TA is Torquay station, which is 1.1 kilometres away.
- Torquay|1.1 km away
- Torre|1.6 km away
- Paignton|4.2 km away
- Newton Abbot|8.8 km away