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Newton Abbot House Prices Newton Abbot House Prices

The average house price in Newton Abbot is £301,750 using HM Land Registry data.

The average property price increased by £85,579 (39.08%) over the last 5 years and increased by £17,104 (5.95%) over the last 12 months.

Over the last year, there were 331 residential property sales – a decrease of 95 transactions (-28.70%) relative to the previous year. The majority of house sales (85) were in the £196,000 - £252,000 range. Then came properties in the £140,000 - £196,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,418 (-2%).

In April 2024, there were 79 new estate agency instructions, 43 agreed home sales and 48 property price reductions.

Neighbouring Areas: Kingsteignton, Kingskerswell

Postcodes Covered: TQ12

5-Year Average Property Prices in Newton Abbot

39.08%

Property prices in Newton Abbot increased by 39.08% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Newton Abbot Over the Last Year

5.95%

Property prices in Newton Abbot increased by 5.95% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Newton Abbot - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Newton Abbot

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Newton Abbot

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Newton Abbot

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Newton Abbot since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Newton Abbot area since 1995.

Recent Property Sales in Newton Abbot

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Randolph Court, Newton Abbot, Devon, TQ12 1QY£445,000£430,000-£15,00025 Sep 202323 Feb 2024151 Days
100 Twickenham Road, Newton Abbot, Devon, TQ12 4JG£300,000£299,000-£1,00013 Oct 202316 Feb 2024126 Days
30 Belgrave Road, Newton Abbot, Devon, TQ12 4JP£230,000£222,000-£8,00019 Oct 202312 Feb 2024116 Days
35 Hilton Road, Newton Abbot, Devon, TQ12 1BJ£177,000£177,000£0021 Oct 202309 Feb 2024111 Days
Flat 33, Milton House, Church Road, Newton Abbot, Devon, TQ12 1FD£129,950£126,000-£3,95003 Oct 202302 Feb 2024122 Days
4a, Torquay Road, Newton Abbot, Devon, TQ12 1AH£210,000£200,000-£10,00001 Sep 202331 Jan 2024152 Days
20 Fern Road, Newton Abbot, Devon, TQ12 4NR£300,000£270,000-£30,00012 Oct 202326 Jan 2024106 Days
35 Larksmead Way, Ogwell, Newton Abbot, Devon, TQ12 6FE£400,000£380,000-£20,00019 Sep 202319 Jan 2024122 Days
55 Abbotsbury Road, Newton Abbot, Devon, TQ12 2NS£315,000£310,000-£5,00006 Sep 202319 Jan 2024135 Days
55 Knowles Hill Road, Newton Abbot, Devon, TQ12 2PP£409,950£402,000-£7,95008 Sep 202319 Jan 2024133 Days
Flat 19, Carpenters Court, Church Road, Newton Abbot, Devon, TQ12 1BW£175,000£168,500-£6,50013 Jul 202316 Jan 2024187 Days
6 Blenheim Close, Newton Abbot, Devon, TQ12 1QR£339,950£335,000-£4,95007 Sep 202315 Jan 2024130 Days
Flat 29, Milton House, Church Road, Newton Abbot, Devon, TQ12 1FD£125,000£120,000-£5,00006 Mar 202304 Jan 2024304 Days
5 The Churchills, Newton Abbot, Devon, TQ12 1QN£475,000£470,000-£5,00027 Apr 202319 Dec 2023236 Days
20 Luxton Road, Ogwell, Newton Abbot, Devon, TQ12 6YQ£215,000£210,000-£5,00006 Sep 202318 Dec 2023103 Days
31 Hameldown Way, Newton Abbot, Devon, TQ12 2DN£175,000£169,000-£6,00024 Jun 202315 Dec 2023174 Days
59 Oakland Road, Newton Abbot, Devon, TQ12 4EE£300,000£284,000-£16,00015 Dec 202315 Dec 20230 Days
33 St Lukes Road, Newton Abbot, Devon, TQ12 4NE£360,000£127,980-£232,02004 Nov 202211 Dec 2023402 Days
32 Silverwood Avenue, Newton Abbot, Devon, TQ12 4LG£315,000£315,000£0012 Aug 202308 Dec 2023118 Days
6 Margaret Road, Ogwell, Newton Abbot, Devon, TQ12 6AE£425,000£395,030-£29,97022 Jun 202308 Dec 2023169 Days

Most Expensive Streets in Newton Abbot

PostcodeStreetAreaAverageNo. of Sales
TQ12 1HJSt Marys RoadNewton Abbot£1,200,0001
TQ12 1ENPenshurst RoadNewton Abbot£728,0001
TQ12 1LROld Totnes RoadNewton Abbot£674,9993
TQ12 1EUPowderham RoadNewton Abbot£665,0001
TQ12 1EWCoach RoadNewton Abbot£652,0002
TQ12 1ELCoach RoadNewton Abbot£647,5002
TQ12 1HBPowderham RoadNewton Abbot£620,0001
TQ12 1HRThe Olde RectoryWolborough Close£610,0001
TQ12 1ESCoach PlaceNewton Abbot£603,3333
TQ12 4TJAlder CloseNewton Abbot£601,2502

Least Expensive Streets in Newton Abbot

PostcodeStreetAreaAverageNo. of Sales
TQ12 2JXUnion StreetNewton Abbot£75,0001
TQ12 2TEHometeign HouseSalisbury Road£75,40316
TQ12 1FDMilton HouseChurch Road£78,68419
TQ12 2BSSouth Devon MewsQueen Street, Newton Abbot£91,6254
TQ12 2DGLydford HouseHameldown Way£96,44117
TQ12 2EWQueen StreetNewton Abbot£104,7502
TQ12 4BAQueensway HouseQueensway£105,0001
TQ12 1URMill CloseNewton Abbot£108,7504
TQ12 2ETQueen StreetNewton Abbot£108,7502
TQ12 2EFQueen StreetNewton Abbot£112,5002

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