House prices in TQ12 2 (Newton Abbot)
This article reveals price per square metre data and various charts to help you understand current housing market in 'TQ12 2' (Newton Abbot, Kingsteignton) - statistics were last calculated on 30 August 2024.
Defining 'TQ12 2'
This analysis is limited to properties whose postcode starts with "TQ12 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Newton Abbot.
You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.
FYI, a postcode sector is the full postcode without the last two letters.
Price per square metre
Knowing the average house price in Newton Abbot is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:
£ per sqm = price ÷ internal areaE.g. 21, Hameldown Way, Newton Abbot, Kingsteignton, sold for £192,000 on Jun-2024. Given the internal area of 57 square metres, the price per sqm is £3,368.
England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.
The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 155 sales in Newton Abbot (TQ12 2) that took place in the last two years.
Distribution of £ per sqm for Newton Abbot, Kingsteignton
Generate a custom chart like the one above but based on your own criteria.
You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.
The spread of prices will give you a feel of the typical range to expect in Newton Abbot (TQ12 2). Of the 155 transactions, half were sold for between £2,260 and £3,080 per square metre. The median, or 'middle', price per square metre in 'TQ12 2' is £2,580. Notably, only 25% of properties that sold recently were valued at more than £3,080 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.
Price map for Newton Abbot, Kingsteignton
Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Kingsteignton. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.
House price heatmap for Newton Abbot, Kingsteignton
Comparison with neighbouring postcode sectors
The table below shows how 'TQ12 2' compares to neighbouring postcode sectors.
Postcode sector | Lower quartile | Middle quartile | Upper quartile |
---|---|---|---|
TQ12 5 Kingskerswell | £3,210 sqm | £3,640 sqm | £4,170 sqm |
TQ12 3 Kingsteignton | £3,360 sqm | £3,790 sqm | £4,160 sqm |
TQ12 6 Ogwell | £3,240 sqm | £3,750 sqm | £4,130 sqm |
TQ12 4 Newton Abbot | £2,670 sqm | £3,230 sqm | £3,810 sqm |
TQ12 1 Newton Abbot | £2,570 sqm | £3,150 sqm | £3,710 sqm |
TQ12 2 Newton Abbot | £2,260 sqm | £2,580 sqm | £3,080 sqm |
Will Kingsteignton house prices drop in 2024?
I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for TQ12 2 (Newton Abbot) compared with both the wider area TQ12 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.
Historic price per square metre in Newton Abbot,Kingsteignton
Download time series data as CSV (paying users only).
For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.
Most recent TQ12 2 sales
Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Kingsteignton to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Kingsteignton and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.
Street level data
Street | Avg size | Avg £sqm | Recent sales |
---|---|---|---|
Hameldown Way, Newton Abbot, TQ12 2D | 54 sqm | £2,371 | 22 |
Marsh Road, Newton Abbot, TQ12 2A | 58 sqm | £2,434 | 20 |
Abbotsbury Road, Newton Abbot, TQ12 2N | 133 sqm | £2,147 | 19 |
Seymour Road, Newton Abbot, TQ12 2P | 141 sqm | £2,843 | 17 |
Salisbury Road, Newton Abbot, TQ12 2T | 40 sqm | £1,885 | 15 |
Orleigh Cross, Newton Abbot, TQ12 2F | 79 sqm | £3,000 | 13 |
Prospect Terrace, Newton Abbot, TQ12 2L | 92 sqm | £2,452 | 13 |
Courtenay Park Road, Newton Abbot, TQ12 2G | 66 sqm | £2,565 | 11 |
Search for your street here.
Raw data
Our analysis of Newton Abbot is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.
Address | Paid | sqm | £/sqm |
---|---|---|---|
21, Hameldown Way, Newton Abbot, Kingsteignton | £192,000
Jun-2024
|
57 | 3,368 |
Flat 12 Hometeign House, Salisbury Rd, Newton Abbot, Kingsteignton | £80,000
Jun-2024
|
39 | 2,051 |
3 The Mill, Kingsteignton Rd, Newton Abbot, Kingsteignton | £172,500
Jun-2024
|
84 | 2,053 |
See the entire list of all sales in Newton Abbot (TQ12 2) here.
About
I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.