Flat 1, Palermo Lower Erith Road, Torquay, TQ1 2PX is a leasehold flat built between 1967-1975. The property offers approximately 958 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £168,799 , which equates to approximately £176 per square foot. It was last sold on 7 Sep 2009 for £124,000. Since then, the value has increased by £44,799, representing a 36.1% increase, or approximately 2.2% per year.

The current estimated value of £168,799 is:

  • 28.3% lower than the average property price on Lower Erith Road
  • 30.3% lower than the average in the TQ1 2PX postcode area
  • and 41.1% lower than the average price for Torquay as a whole

At the most recent EPC inspection on 18 March 2009, the property was recorded as owner-occupied.

View sold house prices in TQ1 2PX

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
958 sq ft
Tenure
Leasehold
Price (estimate)
£168,799
Price Per sq ft (estimate)
£176
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1, Palermo Lower Erith Road, Torquay, Torbay, TQ1 2PX has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Oct 2013.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Mar 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 17.2%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, with internal insulation to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 55% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to TQ1 2PX

22 nd / 53
Price Rank
30% lower than average
12 th / 45
Size Rank
8% bigger than average
41 st / 45
Price Per Sq FT Rank
35% lower than average

Compared to other properties in TQ1 2PX , this flat's estimated value ranks 22th out of 53. Based on price per square foot, it ranks 41th out of 45 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 45 properties in its postcode area.

Sale History

Today
£168,799
streetscan.co.uk estimate
+36 %
7 Sep 2009
£124,000
Leasehold
+7.8 %
17 Apr 2003
£115,000
Leasehold
+30.7 %
20 Aug 2002
£88,000
Leasehold
+95.6 %
23 Jul 1999
£45,000
Leasehold
-4.8 %
18 Mar 1998
£47,250
Leasehold
+39 %
29 Nov 1996
£34,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 840 sq ft
sale price: £178,200
sale date: 18 Dec 2024
rooms: 4
size: 926 sq ft
sale price: £376,000
sale date: 19 Aug 2024
rooms: 3
size: 893 sq ft
sale price: £190,000
sale date: 29 Feb 2024
rooms: 3
size: 958 sq ft
sale price: £152,000
sale date: 8 Jul 2022
rooms: 3
size: 850 sq ft
sale price: £148,000
sale date: 16 Aug 2021

Data Sources

The property at Flat 1, Palermo Lower Erith Road, Torquay, TQ1 2PX appears six times in the Land Registry records, with the latest transaction recorded on 7 Sep 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Oct 2013. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.