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Torbay · report

Renovation in Torbay

In 2025, 41% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
41%

Homes finished in Torbay, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
2025159—109268
2024117—94211
2023146—105251
2022228—84312
2021132—128260
2020121—67188
2019318—213531
2018309—105414
2017241—85326
2016271—137408
2015215—84299
2014364—50414
2013193—56249

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Torbay

Sale prices have an 80% chance of landing between £199,140 and £222,181 by August 2027.

Expected, August 2027
£210,660
Chance of a rise
11%

At the average sale price, a home costs £221,469. With 10% down and a 30-year mortgage, the payment is £1,022 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
18%
Payment, one income
37%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£924
Owning per month
£1,043

25.4% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
150
Per 1,000 residents
1.1

Figures for United Kingdom: Torbay has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 6 times since 1995. The deepest began in October 2007.

Deepest fall
−18.5%
Recovery from the low
84 months

In 2025 the population fell by 364 while 130 homes were finished.

Homes finished, 2025
130
Population change, 2025
−364

7.3% of the 69,308 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
7.3%
Empty homes
5,050