Flat 4, 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 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £142,430 , which equates to approximately £149 per square foot. It was last sold on 8 Jul 2022 for £152,000. Since then, the value has decreased by £9,570, representing a 6.3% decrease, or approximately 1.8% per year.

The current estimated value of £142,430 is:

  • 39.5% lower than the average property price on Lower Erith Road
  • 41.2% lower than the average in the TQ1 2PX postcode area
  • and 50.3% lower than the average price for Torquay as a whole

At the most recent EPC inspection on 9 June 2011, 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
1st floor
Price (estimate)
£142,430
Price Per sq ft (estimate)
£149
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 4, Palermo Lower Erith Road, Torquay, Torbay, TQ1 2PX has an Energy Performance Certificate (EPC) rating of C, 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 9 Jun 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • 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.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency improving from average to good.
Heating Type
Electric storage heaters
Average
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 60% of fixed outlets
Good

Compared to TQ1 2PX

27 th / 53
Price Rank
41% lower than average
15 th / 45
Size Rank
8% bigger than average
43 rd / 45
Price Per Sq FT Rank
45% lower than average

Compared to other properties in TQ1 2PX , this flat's estimated value ranks 27th out of 53. Based on price per square foot, it ranks 43th 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 15th out of 45 properties in its postcode area.

Sale History

Today
£142,430
streetscan.co.uk estimate
-6 %
8 Jul 2022
£152,000
Leasehold
+261.9 %
15 Dec 1995
£42,000
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: 850 sq ft
sale price: £148,000
sale date: 16 Aug 2021
rooms: 3
size: 958 sq ft
sale price: £120,000
sale date: 19 May 2015

Data Sources

The property at Flat 4, Palermo Lower Erith Road, Torquay, TQ1 2PX appears two times in the Land Registry records, with the latest transaction recorded on 8 Jul 2022. 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.