Severn Road - TQ2 7LZ
Key Postcode Insights
TQ2 7LZ is a residential postcode situated on Severn Road, Torquay, TQ2 with 16 addresses.
It ranks as the 417th largest and 410th 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 16 properties: 16 houses.
- Ave. Sale Price
- £241,089
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £1,311pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
TQ2 7LZ is a residential postcode situated on Severn Road, Torquay, TQ2 with 16 addresses.
It ranks as the 417th largest and 410th 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 16 properties: 16 houses.
- Ave. Sale Price
- £241,089
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £1,311pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin TQ2 7LZ
- 1 Severn Road
4 Bed Mid-century House
- 3 Severn Road
3 Bed Mid-century House
- 5 Severn Road
3 Bed Mid-century House
- 7 Severn Road
3 Bed Mid-century House
- 9 Severn Road
3 Bed Mid-century House
Sales Market Trends
The last sale in TQ2 7LZ sold for £242,500 on 14th May 2024. Since then prices are down an average of 3.2%.
The current average value in the postcode is £241,089.
The TQ2 7LZ Sales Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £241,089 |
| June 2025 | -2.4% | £243,670 |
| June 2024 | -3.1% | £249,639 |
| June 2023 | 0.5% | £257,591 |
| June 2022 | 17% | £256,252 |
| June 2021 | 9.7% | £218,991 |
| June 2020 | 1.7% | £199,706 |
| June 2019 | 2.7% | £196,347 |
| June 2018 | 2.7% | £191,235 |
| June 2017 | 3.6% | £186,251 |
| June 2016 | 6.6% | £179,785 |
| June 2015 | 1.4% | £168,706 |
| June 2014 | 6.2% | £166,355 |
| June 2013 | 0.4% | £156,716 |
| June 2012 | -2.6% | £156,088 |
| June 2011 | 1.5% | £160,276 |
| June 2010 | 5.2% | £157,968 |
| June 2009 | -8.5% | £150,152 |
| June 2008 | -0.9% | £164,085 |
| June 2007 | 0% | £165,604 |
Rental Market Trends
The current average rental value in the postcode is £1,311.
The TQ2 7LZ Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,311pcm |
| June 2025 | 0.8% | £1,253pcm |
| June 2024 | 4.2% | £1,243pcm |
| June 2023 | 5.9% | £1,193pcm |
| June 2022 | 16.1% | £1,126pcm |
| June 2021 | 5.9% | £970pcm |
| June 2020 | 4.2% | £916pcm |
| June 2019 | 3.7% | £879pcm |
| June 2018 | 1.8% | £848pcm |
| June 2017 | 0.4% | £832pcm |
| June 2016 | 2.7% | £829pcm |
| June 2015 | 0.8% | £807pcm |
| June 2014 | 2.4% | £801pcm |
| June 2013 | -0.3% | £782pcm |
| June 2012 | 0.7% | £784pcm |
| June 2011 | 2.8% | £779pcm |
| June 2010 | 5.3% | £758pcm |
| June 2009 | -18.4% | £720pcm |
| June 2008 | 17.5% | £882pcm |
| June 2007 | 0% | £751pcm |
Sales History
The last sale was on 14th May 2024 for £242,500 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 24 sales since 1995.
TQ2 7LZ has seen 1 sale in the last three years and no sales in the last twelve months.
- 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
- Sold Nov 2019£195,800 | 3 Bed House29, Severn Road, Torquay, TQ2 7LZ29, Severn Road, Torquay, TQ2 7LZ
- Sold Mar 2019£167,500 | 3 Bed House5, Severn Road, Torquay, TQ2 7LZ5, Severn Road, Torquay, TQ2 7LZ
- Sold Oct 2018£205,000 | 3 Bed House19, Severn Road, Torquay, TQ2 7LZ19, Severn Road, Torquay, TQ2 7LZ
Nearby Postcodes
TQ2 7LZ is the 417th largest and the 410th most expensive postcode out of the 859 postcodes in the TQ2 area.
- TQ2 7LY, Severn Road, Torquay, TQ2TQ2 7LY11 Addresses|50 m away
- TQ2 7NB, Torridge Avenue, Torquay, TQ2TQ2 7NB40 Addresses|77 m away
- TQ2 7LU, Avon Road, Torquay, TQ2TQ2 7LU14 Addresses|82 m away
- TQ2 7NA, Plym Close, Torquay, TQ2TQ2 7NA10 Addresses|105 m away
- TQ2 7RG, Exe Hill, Torquay, TQ2TQ2 7RG57 Addresses|111 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (12)
- early-century house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (3)
- G (0)
- D (7)
- No EPC (3)
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 Academy400 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 School1.1 km away
- Torquay Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to TQ2 7LZ 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