Torquay Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

English Riviera resort with premium seafront values and hotel-to-residential conversion opportunities

The Torquay property market recorded 820 residential sales over the past 12 months, with a median sale price of £225,000. This places Torquay £60k below the Devon county median of £285,000, and £60k below the UK national median of £285,000.

Prices in Torquay have shown a moderate decline, with a year-on-year change of -2.2%. Within Devon, Torquay ranks 7th by price out of 8 principal towns, and 7th by transaction volume.

Torquay median prices have moved from £230,000 in Q1 2025 to £230,000 in Q2 2026, a change of 0.0% over 5 quarters.

Property prices in Torquay vary significantly by type. The table below compares Torquay prices with Devon county averages and UK national figures.

Detached homes in Torquay command £416,732, while flat properties are most accessible at £144,000. The £273k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

Torquay recorded 1 new-build transactions in the past 12 months, representing 0.1% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.

New-build properties in Torquay traded at a discount of 0.0% versus existing stock. Developers should focus on specification, design quality, and location to maximise values above comparable second-hand stock.

Across the wider Devon market, 96 new-build completions were recorded — see our Devon property market report for the full county picture.

The following table shows the most recent property transactions recorded in Torquay, providing real-time evidence of achieved prices for buyers, sellers, and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £145,000 to £385,000 illustrates the breadth of the Torquay market.

For developers considering Torquay, the local market data translates directly into finance structuring. With a median value of £225,000 and detached homes at £416,732, lenders can assess scheme viability with confidence.

A typical development finance facility for a Torquay scheme with a GDV of £416,732 would attract senior debt of approximately £270,876 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 2.2% year-on-year, experienced developers can still generate strong returns in Torquay by targeting well-located sites with clear demand drivers.

Ready to develop in Torquay? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Torquay's market in context, the table below compares it with similarly-priced towns across Devon:

For the full Devon town-by-town breakdown, see our comprehensive Devon property market report.