House Prices in Torquay, Torbay

# Torquay Property Market Summary

Torquay's property market demonstrates notable volatility, with average prices fluctuating significantly between 2017 and 2026. The overall average of £169,891 across 23,599 properties masks considerable year-on-year variation, with prices peaking at £321,990 in 2023 before declining to £250,652 in 2025. The market experienced a particularly strong period during 2020-2023, with the pandemic-era surge pushing values above £300,000, though recent trends suggest a cooling phase. Transaction volumes have generally declined from over 1,100 annual sales in 2017-2018 and 2021 to just 350 in 2025, indicating reduced market activity.

This traditional English Riviera resort town continues to attract property buyers despite market fluctuations, though the recent downward trajectory in both prices and sales volumes warrants attention. The substantial premium that annual averages command over the overall average suggests newer or more recently sold properties fetch higher values, whilst the market contains a significant proportion of more affordable housing stock. Torquay's property landscape reflects its dual nature as both a coastal retirement destination and a town with varied housing stock spanning different eras and price points.