Houses for sale in Penn Meadows, TQ5, Torbay
There are 55 results for Penn Meadows, TQ5, Torbay. Property prices in Penn Meadows, TQ5 range from £215k to £300k with an average price of £251k.
Properties for sale in Penn Meadows, TQ5, Torbay
2 Bedrooms
1 Bathroom
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Properties for sale near Penn Meadows, TQ5
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Property market around Penn Meadows
What's for sale
414 homes within 3 km of Penn Meadows · share, count and typical priceHow many bedrooms
within 3 km of Penn Meadows · share, count and typical pricePrice bands
414 homes within 3 km of Penn MeadowsHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes for sale | 79% | 16% |
| Typical asking price | £315k | £175k |
| Average bedrooms | 3.0 | 2.0 |
| Typical time to sell | 5 months | 5 months |
| Typical sold price | £300k | £153k |
| Gross rental yield | 5.3% | 7.6% |
Asking prices over time
typical asking price of the homes first listed each quarter within 3 km of Penn Meadows · +6.3% since 2024 Q4Based on 414 homes for sale on Houses now, 685 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.
Frequently asked questions about buying in Penn Meadows
What is the average house price in Penn Meadows?
There are only 7 homes for sale in Penn Meadows itself, so these figures cover the 414 homes for sale within 3 km. The average home for sale within 3 km of Penn Meadows is priced at £326,000. A few very expensive homes pull that average up, so a more typical price is £288,000.
How much does a 2 or 3 bedroom home cost in Penn Meadows?
A typical 2-bedroom home within 3 km of Penn Meadows costs £242,000 and a 3-bedroom home £300,000. So the extra bedroom adds about £58,000. 1-bedroom homes start at around £142,000, and 4-bedroom homes are about £420,000.
What price range should I expect in Penn Meadows?
Most homes within 3 km of Penn Meadows are priced between £110,000 and £1.09 million, leaving out the very cheapest and most expensive. One in five costs less than £200,000, and one in five £420,000 or more.
How many homes are for sale in Penn Meadows?
There are 7 homes for sale in Penn Meadows on Houses right now. Within 3 km there are 414, and the listings on this page include the nearest of them. 53 new listings came onto the market within 3 km in the last 30 days.
Are house prices going up in Penn Meadows?
Slightly down. Homes put up for sale within 3 km of Penn Meadows over the last 12 months were advertised at a typical £275,000, 1.8% lower than the year before (£280,000). By size, 1-bedroom homes are down 6%, 3-bedroom homes are down 6% and 4-bedroom homes are up 3%.
How long does it take to sell a home in Penn Meadows?
Within 3 km of Penn Meadows, homes usually sell or come off the market within about 5 months. About 14% go within the first month, and a quarter take longer than about 10 months.
What do homes actually sell for in Penn Meadows?
In the year to July 2026, 237 homes sold within 3 km of Penn Meadows at a typical price of £280,000, according to HM Land Registry. Houses sold for about £300,000 and flats for about £153,000.
What rental yield can I get in Penn Meadows?
About 7.6% gross for flats and 5.3% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Penn Meadows over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes are for sale in Penn Meadows?
Bungalows are the most common, about 3 in 10 homes for sale within 3 km of Penn Meadows. Terraced houses come next, followed by flats and apartments. Flats and apartments are the cheapest, at about £175,000, and detached houses the most expensive, at about £470,000.
Are homes in Penn Meadows freehold or leasehold?
About 9 in 10 homes for sale within 3 km of Penn Meadows are freehold and the rest leasehold, which is mostly flats.