TQ2 8GP is a residential postcode situated on Orchid Way, Torquay, TQ2 with 2 addresses.
It ranks as the 56th largest and 201st most expensive of the 859 postcodes in the TQ2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 2 properties: 2 flats.
TQ2 8GP is a residential postcode situated on Orchid Way, Torquay, TQ2 with 2 addresses.
It ranks as the 56th largest and 201st most expensive of the 859 postcodes in the TQ2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 2 properties: 2 flats.
Sale prices range from £168,756 for 2 bedroom leasehold flats (645 ft2) to £172,838 for 2 bedroom leasehold flats (678 ft2) .
Monthly rental prices range from £837 pcm for 2 bed flats to £842 pcm for 2 bed flats.
The gross rental yield is between 5.8% and 6.0%.
The average value per square foot is £258.
The last sale in TQ2 8GP sold for £124,995 on 4th December 2013. Since then prices are up an average of 34.2%.
The current average value in the postcode is £170,797.
The TQ2 8GP Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.6% | £170,797 |
| April 2025 | -2.3% | £173,537 |
| April 2024 | -2.5% | £177,674 |
| April 2023 | 1.4% | £182,201 |
| April 2022 | 14.4% | £179,710 |
| April 2021 | 7.1% | £157,140 |
| April 2020 | 1.8% | £146,754 |
| April 2019 | 0.6% | £144,216 |
| April 2018 | 0.3% | £143,365 |
| April 2017 | 2.2% | £142,962 |
| April 2016 | 5.5% | £139,893 |
| April 2015 | 1.8% | £132,605 |
| April 2014 | 4.1% | £130,197 |
| April 2013 | -2.2% | £125,095 |
| April 2012 | -3.4% | £127,928 |
| April 2011 | 1.5% | £132,474 |
| April 2010 | -1.8% | £130,500 |
| April 2009 | -11.7% | £132,941 |
| April 2008 | 4.4% | £150,588 |
| April 2007 | 0% | £144,238 |
The current average rental value in the postcode is £840.
The TQ2 8GP Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £840pcm |
| April 2025 | 1.4% | £806pcm |
| April 2024 | 4.7% | £795pcm |
| April 2023 | 4.9% | £759pcm |
| April 2022 | 13.1% | £724pcm |
| April 2021 | 4.4% | £640pcm |
| April 2020 | 4.5% | £613pcm |
| April 2019 | 2.7% | £587pcm |
| April 2018 | -1.5% | £571pcm |
| April 2017 | -0.9% | £580pcm |
| April 2016 | 2% | £585pcm |
| April 2015 | -0.4% | £574pcm |
| April 2014 | 1.3% | £576pcm |
| April 2013 | -1.5% | £569pcm |
| April 2012 | -0.1% | £578pcm |
| April 2011 | 1.6% | £578pcm |
| April 2010 | -2.9% | £569pcm |
| April 2009 | -19.2% | £586pcm |
| April 2008 | 21.4% | £725pcm |
| April 2007 | 0% | £597pcm |
The last sale was on 4th December 2013 for £124,995 and since then the market in the area has increased by 34.2%. The postcode has had a total of 2 sales since 1995.
TQ2 8GP has seen no sales in the last three years and no sales in the last twelve months.
TQ2 8GP is the 56th largest and the 201st most expensive postcode out of the 859 postcodes in the TQ2 area.
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The closest station to TQ2 8GP is Torre station which is 1.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around TQ2 8GP, % of property is and % is .
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around TQ2 8GP, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around TQ2 8GP, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around TQ2 8GP, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.