Flat 11, 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 and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £168,363 , which equates to approximately £176 per square foot. It was last sold on 23 Jan 2015 for £125,000. Since then, the value has increased by £43,363, representing a 34.7% increase, or approximately 3.2% per year.

The current estimated value of £168,363 is:

  • 28.5% lower than the average property price on Lower Erith Road
  • 30.5% lower than the average in the TQ1 2PX postcode area
  • and 41.3% lower than the average price for Torquay as a whole

At the most recent EPC inspection on 3 April 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
Floor level
3rd floor
Price (estimate)
£168,363
Price Per sq ft (estimate)
£176
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 11, Palermo Lower Erith Road, Torquay, Torbay, TQ1 2PX has an Energy Performance Certificate (EPC) rating of D, 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 3 Apr 2009. The rating of D is unchanged, though the energy efficiency score decreased by 1.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to TQ1 2PX

14 th / 53
Price Rank
30% lower than average
13 th / 45
Size Rank
8% bigger than average
32 nd / 45
Price Per Sq FT Rank
36% lower than average

Compared to other properties in TQ1 2PX , this flat's estimated value ranks 14th out of 53. Based on price per square foot, it ranks 32th 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 13th out of 45 properties in its postcode area.

Sale History

Today
£168,363
streetscan.co.uk estimate
+35 %
23 Jan 2015
£125,000
Leasehold
+5.9 %
2 Oct 2009
£118,000
Leasehold
-7.1 %
20 Aug 2003
£127,000
Leasehold
+66 %
16 Mar 2001
£76,500
Leasehold
+2 %
22 Jan 2001
£75,000
Leasehold
+7.1 %
16 Dec 1999
£70,000
Leasehold
+27.3 %
19 Mar 1999
£55,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 12, Palermo Lower Erith Road, Torquay, TQ1 2PX
rooms: 3
size: 840 sq ft
sale price: £178,200
sale date: 18 Dec 2024
Flat 1, Terracina Lower Erith Road, Torquay, TQ1 2PX
rooms: 4
size: 926 sq ft
sale price: £376,000
sale date: 19 Aug 2024
Flat 4, The Briary Lower Erith Road, Torquay, TQ1 2PX
rooms: 3
size: 893 sq ft
sale price: £190,000
sale date: 29 Feb 2024
Flat 4, Palermo Lower Erith Road, Torquay, TQ1 2PX
rooms: 3
size: 958 sq ft
sale price: £152,000
sale date: 8 Jul 2022
Flat 2, Palermo Lower Erith Road, Torquay, TQ1 2PX
rooms: 3
size: 850 sq ft
sale price: £148,000
sale date: 16 Aug 2021

Data Sources

The property at Flat 11, Palermo Lower Erith Road, Torquay, TQ1 2PX appears seven times in the Land Registry records, with the latest transaction recorded on 23 Jan 2015. 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.
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