Key indicators for buyers
The TQ4 market presents a mixed picture for buyers. Prices are rising at 16.4%, which may favour acting sooner rather than later. Affordability has improved from a peak of 9.4x in 2023 to 8.1x today. Rising rents (£898/mo, +4.6%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Torbay area
A home in Torbay costs 8.1x the local median salary — stretched, improving from a peak of 9.4x in 2023.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Torbay area
Average monthly rent in Torbay is £898, up 4.6% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Torbay price of £335,986 with a 25% deposit (£84k), a 2-year fixed mortgage at 3.97% costs around £1,326 per month.
Monthly cost comparison based on current data
Uses TQ4 avg. price with Torbay rental data
Monthly mortgage payments (£1,326) are £428 more than renting (£898). However, buying requires an upfront deposit of £84k — it would take around 19 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
12, CLENNON PARK TQ4 5HL | Detached | £690,000 | 27 Jan 2026 |
52, LIDFORD TOR AVENUE TQ4 7EE | Semi-detached | £235,000 | 26 Jan 2026 |
12, BROADLANDS ROAD TQ4 5NY | Semi-detached | £277,500 | 22 Jan 2026 |
31, HOMEBOURNE HOUSE, BELLE VUE ROAD TQ4 6PT | Flat/Maisonette | £49,000 | 16 Jan 2026 |
37, WHEATLANDS ROAD TQ4 5HU | Detached | £500,000 | 16 Jan 2026 |
5, HAYLE AVENUE TQ4 7SA | Terraced | £225,000 | 16 Jan 2026 |
67, WHEATLANDS ROAD TQ4 5HX | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in TQ4 sold for £335,986 in 2026, with a median of £277,500 across 11 transactions. Prices rose 16.4% compared to the previous year.
| £727,250 |
| 9 Jan 2026 |
25, ST MARYS PARK TQ4 7DA | Semi-detached | £292,100 | 9 Jan 2026 |
36, FISHER STREET TQ4 5ER | Semi-detached | £150,000 | 7 Jan 2026 |
16, ROSELANDS DRIVE TQ4 7DT | Detached | £320,000 | 6 Jan 2026 |
53, FOXGLOVE WAY TQ4 7TG | Terraced | £230,000 | 5 Jan 2026 |
43, VICTORIA STREET TQ4 5DD | Flat/Maisonette | £300,000 | 22 Dec 2025 |
16, HOLWILL TOR WALK TQ4 7EG | Semi-detached | £230,000 | 19 Dec 2025 |
2, MEADOWSWEET LANE TQ4 7FL | Terraced | £235,000 | 19 Dec 2025 |
55, ST MICHAELS ROAD TQ4 5LU | Terraced | £165,000 | 19 Dec 2025 |
41, WHITE ROCK WAY TQ4 7FP | Terraced | £300,000 | 19 Dec 2025 |
11, HIGHCLIFFE MEWS TQ4 6DY | Terraced | £360,000 | 18 Dec 2025 |
FLAT 4, NEW ESPLANADE COURT, ESPLANADE ROAD TQ4 6BG | Flat/Maisonette | £75,000 | 17 Dec 2025 |
40, HARBOURNE AVENUE TQ4 7EQ | Semi-detached | £280,000 | 17 Dec 2025 |
30, CORSHAM ROAD TQ4 5NE | Terraced | £191,000 | 15 Dec 2025 |
The most recent recorded sale in TQ4 was a detached property on Clennon Park for £690,000 in January 2026. Across the last 20 sales, the median price was £277,500.