Severn Road - TQ2 7LY
Key Postcode Insights
TQ2 7LY is a residential postcode situated on Severn Road, Torquay, TQ2 with 11 addresses.
It ranks as the 311th largest and 350th most expensive of the 859 postcodes in the TQ2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £225,470
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £1,234pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
TQ2 7LY is a residential postcode situated on Severn Road, Torquay, TQ2 with 11 addresses.
It ranks as the 311th largest and 350th most expensive of the 859 postcodes in the TQ2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £225,470
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £1,234pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin TQ2 7LY
- 2 Severn Road
3 Bed Mid-century House
- 4 Severn Road
House
- 6 Severn Road
3 Bed Mid-century House
- 8 Severn Road
3 Bed Mid-century House
- 10 Severn Road
4 Bed Mid-century House
Sales Market Trends
The last sale in TQ2 7LY sold for £245,000 on 21st December 2022. Since then prices are down an average of 6.5%.
The current average value in the postcode is £225,470.
The TQ2 7LY Sales Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £225,470 |
| June 2025 | -2.4% | £227,884 |
| June 2024 | -3.1% | £233,466 |
| June 2023 | 0.5% | £240,902 |
| June 2022 | 17% | £239,651 |
| June 2021 | 9.7% | £204,804 |
| June 2020 | 1.7% | £186,767 |
| June 2019 | 2.7% | £183,626 |
| June 2018 | 2.7% | £178,846 |
| June 2017 | 3.6% | £174,184 |
| June 2016 | 6.6% | £168,137 |
| June 2015 | 1.4% | £157,776 |
| June 2014 | 6.2% | £155,577 |
| June 2013 | 0.4% | £146,563 |
| June 2012 | -2.6% | £145,976 |
| June 2011 | 1.5% | £149,892 |
| June 2010 | 5.2% | £147,734 |
| June 2009 | -8.5% | £140,425 |
| June 2008 | -0.9% | £153,455 |
| June 2007 | 0% | £154,875 |
Rental Market Trends
The current average rental value in the postcode is £1,234.
The TQ2 7LY Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,234pcm |
| June 2025 | 0.8% | £1,180pcm |
| June 2024 | 4.2% | £1,170pcm |
| June 2023 | 5.9% | £1,123pcm |
| June 2022 | 16.1% | £1,060pcm |
| June 2021 | 5.9% | £913pcm |
| June 2020 | 4.2% | £863pcm |
| June 2019 | 3.7% | £827pcm |
| June 2018 | 1.8% | £798pcm |
| June 2017 | 0.4% | £783pcm |
| June 2016 | 2.7% | £780pcm |
| June 2015 | 0.8% | £760pcm |
| June 2014 | 2.4% | £754pcm |
| June 2013 | -0.3% | £736pcm |
| June 2012 | 0.7% | £738pcm |
| June 2011 | 2.8% | £733pcm |
| June 2010 | 5.3% | £713pcm |
| June 2009 | -18.4% | £677pcm |
| June 2008 | 17.5% | £830pcm |
| June 2007 | 0% | £707pcm |
Sales History
The last sale was on 21st December 2022 for £245,000 and since then the market in the area has decreased by 6.5%. The postcode has had a total of 18 sales since 1995.
TQ2 7LY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2022£245,000 | 3 Bed House8, Severn Road, Torquay, TQ2 7LY8, Severn Road, Torquay, TQ2 7LY
- Sold Sep 2021£217,000 | 4 Bed House10, Severn Road, Torquay, TQ2 7LY10, Severn Road, Torquay, TQ2 7LY
- Sold Dec 2020£224,000 | 3 Bed House2, Severn Road, Torquay, TQ2 7LY2, Severn Road, Torquay, TQ2 7LY
- Sold Dec 2017£165,000 | 4 Bed House10, Severn Road, Torquay, TQ2 7LY10, Severn Road, Torquay, TQ2 7LY
- Sold Apr 2017£155,000 | 3 Bed House8, Severn Road, Torquay, TQ2 7LY8, Severn Road, Torquay, TQ2 7LY
Nearby Postcodes
TQ2 7LY is the 311th largest and the 350th most expensive postcode out of the 859 postcodes in the TQ2 area.
- TQ2 7LU, Avon Road, Torquay, TQ2TQ2 7LU14 Addresses|32 m away
- TQ2 7LZ, Severn Road, Torquay, TQ2TQ2 7LZ16 Addresses|50 m away
- TQ2 7NA, Plym Close, Torquay, TQ2TQ2 7NA10 Addresses|76 m away
- TQ2 7LR, Torridge Avenue, Torquay, TQ2TQ2 7LR10 Addresses|95 m away
- TQ2 7LX, Meavy Avenue, Torquay, TQ2TQ2 7LX2 Addresses|96 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- mid-century house (6)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Dec 2022£245,000 | 3 Bed House8, Severn Road, Torquay, TQ2 7LY8, Severn Road, Torquay, TQ2 7LY
- Sold May 2024£242,500 | 3 Bed House9, Severn Road, Torquay, TQ2 7LZ9, Severn Road, Torquay, TQ2 7LZ
- Sold Sep 2021£230,000 | 3 Bed House5, Severn Road, Torquay, TQ2 7LZ5, Severn Road, Torquay, TQ2 7LZ
Schools Nearby
- Shiphay Learning Academy500 m away
- Sherwell Valley Primary School700 m away
- Our Lady of the Angels Catholic Primary School1.3 km away
- Torquay Boys' Grammar School900 m away
- Torquay Girls' Grammar School1.2 km away
- Torquay Academy2.0 km away
More reading links
Public Transport Nearby
The closest station to TQ2 7LY is Torre station, which is 1.7 kilometres away.
- Torre|1.7 km away
- Torquay|2.6 km away
- Paignton|4.8 km away
- Newton Abbot|6.1 km away
