Flat 4, Rathlin Palermo Road, Torquay, TQ1 3NW is a leasehold flat built between 1991-1995. The property offers approximately 581 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £162,999 , which equates to approximately £280 per square foot. It was last sold on 21 Jul 2017 for £140,000. Since then, the value has increased by £22,999, representing a 16.4% increase, or approximately 1.9% per year.

The current estimated value of £162,999 is:

  • 33.6% lower than the average property price on Palermo Road
  • 41.3% lower than the average in the TQ1 3NW postcode area
  • and 43.2% lower than the average price for Torquay as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 5 April 2023, the property was recorded as owner-occupied.

View sold house prices in TQ1 3NW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£162,999
Price Per sq ft (estimate)
£280
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, Rathlin Palermo Road, Torquay, Torbay, TQ1 3NW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 5 Apr 2023.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Jun 2009. The rating of D is unchanged, though the energy efficiency score decreased by 4.4%.

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 hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from poor to very poor.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Flat, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TQ1 3NW

45 th / 72
Price Rank
41% lower than average
36 th / 44
Size Rank
38% smaller than average
17 th / 44
Price Per Sq FT Rank
6% lower than average

Compared to other properties in TQ1 3NW , this flat's estimated value ranks 45th out of 72. Based on price per square foot, it ranks 17th out of 44 properties. In terms of size, this home ranks 36th out of 44 properties in its postcode area.

Sale History

Today
£162,999
streetscan.co.uk estimate
+16 %
21 Jul 2017
£140,000
Leasehold
+3.7 %
28 Sep 2010
£135,000
Leasehold
+26.2 %
8 Apr 2010
£107,000
Leasehold
-0.9 %
18 Dec 2003
£108,000
Leasehold
+140 %
28 Oct 1996
£45,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 657 sq ft
sale price: £209,500
sale date: 2 Feb 2024
rooms: 3
size: 667 sq ft
sale price: £225,000
sale date: 7 Oct 2022
rooms: 3
size: 517 sq ft
sale price: £150,000
sale date: 25 May 2022
rooms: 3
size: 646 sq ft
sale price: £205,000
sale date: 10 May 2022
rooms: 3
size: 657 sq ft
sale price: £201,000
sale date: 6 Jan 2022

Data Sources

The property at Flat 4, Rathlin Palermo Road, Torquay, TQ1 3NW appears five times in the Land Registry records, with the latest transaction recorded on 21 Jul 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Apr 2023. 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.