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Tavistock House Prices Tavistock House Prices

The average house price in Tavistock is £301,997 using HM Land Registry data.

The average property price increased by £80,074 (29.69%) over the last 5 years and increased by £16,004 (4.79%) over the last 12 months.

Over the last year, there were 165 residential property sales – a decrease of 143 transactions (-86.67%) relative to the previous year. The majority of house sales (42) were in the £226,000 - £292,000 range. Then came properties in the £160,000 - £226,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 94 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,203 (-1%).

In April 2024, there were 28 new estate agency instructions, 21 agreed home sales and 15 property price reductions.

Postcodes Covered: PL19

5-Year Average Property Prices in Tavistock

29.69%

Property prices in Tavistock increased by 29.69% 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 Tavistock Over the Last Year

4.79%

Property prices in Tavistock increased by 4.79% 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 Tavistock - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Tavistock

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 Tavistock

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 Tavistock

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 Tavistock since 1995

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

Recent Property Sales in Tavistock

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Boughthayes, Tavistock, Devon, PL19 8EF£200,000£197,000-£3,00003 Oct 202309 Feb 2024129 Days
12 Sunway Close, Tavistock, Devon, PL19 8LU£400,000£385,000-£15,00001 Sep 202308 Feb 2024160 Days
Cornerways, Down Road, Tavistock, Devon, PL19 9AD£750,000£720,000-£30,00028 Aug 202325 Jan 2024150 Days
Westcroft, Mohuns Close, Tavistock, Devon, PL19 9BJ£475,000£444,000-£31,00016 Oct 202315 Dec 202360 Days
100 Whitchurch Road, Tavistock, Devon, PL19 9BQ£500,000£475,000-£25,00017 Jul 202313 Dec 2023149 Days
Flat 4, Drakes Mead, Russell Street, Tavistock, Devon, PL19 8BD£245,000£238,500-£6,50028 Jun 202312 Dec 2023167 Days
42 Grenville Drive, Tavistock, Devon, PL19 8DP£410,000£405,000-£5,00013 Oct 202308 Dec 202356 Days
43 Whitchurch Road, Tavistock, Devon, PL19 9BD£269,950£265,000-£4,95024 Jul 202308 Dec 2023137 Days
12 Rowan Close, Tavistock, Devon, PL19 9NH£285,000£285,000£0026 Aug 202308 Dec 2023104 Days
Flat 1, Orchard Court, School Road, Whitchurch, Tavistock, Devon, PL19 9SR£150,000£139,950-£10,05010 Jul 202308 Dec 2023151 Days
8 Sunshine Terrace, Tavistock, Devon, PL19 0HT£250,000£245,000-£5,00018 Jul 202305 Dec 2023140 Days
39 Westbridge Cottages, Tavistock, Devon, PL19 8DQ£220,000£206,000-£14,00011 Sep 202301 Dec 202381 Days
5 Walreddon Close, Tavistock, Devon, PL19 8DW£285,000£270,000-£15,00018 Sep 202301 Dec 202374 Days
22 Parkwood Road, Tavistock, Devon, PL19 0HH£290,000£275,000-£15,00030 May 202301 Dec 2023185 Days
28 Priory Close, Tavistock, Devon, PL19 9DJ£395,000£382,000-£13,00014 Jun 202301 Dec 2023170 Days
48 Parkwood Road, Tavistock, Devon, PL19 0HH£280,000£260,000-£20,00018 Sep 202329 Nov 202372 Days
51 Buzzard Road, Whitchurch, Tavistock, Devon, PL19 9FZ£160,000£160,000£0003 Apr 202327 Nov 2023238 Days
59 Monksmead, Tavistock, Devon, PL19 8ER£230,000£215,000-£15,00014 Aug 202317 Nov 202395 Days
31 Ford Street, Tavistock, Devon, PL19 8DZ£315,000£300,000-£15,00011 Jul 202303 Nov 2023115 Days
28 Deacons Green, Tavistock, Devon, PL19 8BN£200,000£195,000-£5,00030 Jul 202326 Oct 202388 Days

Most Expensive Streets in Tavistock

PostcodeStreetAreaAverageNo. of Sales
PL19 9DDChollacott LaneTavistock£781,0005
PL19 9DBWarran LaneTavistock£735,0003
PL19 9ADDown RoadTavistock£700,6254
PL19 9DQWhitchurch RoadTavistock£672,0004
PL19 9AGDown RoadTavistock£666,8754
PL19 8HLLimes LaneTavistock£614,9833
PL19 9HGDeer Park RoadTavistock£594,9833
PL19 0FPWillsworthy DriveTavistock£594,0005
PL19 0FSSortridge CloseTavistock£593,5717
PL19 8BUPlymouth RoadTavistock£568,7504

Least Expensive Streets in Tavistock

PostcodeStreetAreaAverageNo. of Sales
PL19 0HEBrook StreetTavistock£111,6254
PL19 0EYVigo Bridge RoadTavistock£111,8754
PL19 8JYWest StreetTavistock£115,5003
PL19 0DRRussell Court GardensTavistock£119,1059
PL19 0RHParkwood CourtParkwood Road£126,34316
PL19 0HLRiver CourtTavistock£137,8256
PL19 9FYBuzzard RoadWhitchurch£144,0105
PL19 0APAbbey CourtTavistock£153,3333
PL19 9FRGoldfinch GardensWhitchurch£154,7504
PL19 9FDSt Johns CourtAbbey Rise£162,57828

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