Flat 6, Palermo Lower Erith Road, Torquay, TQ1 2PX is a leasehold flat built between 1967-1975. The property offers approximately 807 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £139,093 , which equates to approximately £172 per square foot. It was last sold on 21 Jun 2018 for £119,000. Since then, the value has increased by £20,093, representing a 16.9% increase, or approximately 2.3% per year.

The current estimated value of £139,093 is:

  • 40.9% lower than the average property price on Lower Erith Road
  • 42.6% lower than the average in the TQ1 2PX postcode area
  • and 51.5% 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 16 October 2013, 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
807 sq ft
Tenure
Leasehold
Price (estimate)
£139,093
Price Per sq ft (estimate)
£172
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 6, 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. 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 24 Mar 2009. The rating of E remains the same, but the energy efficiency score improved by 30%.

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 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 10% of fixed outlets to low energy lighting in 80% of 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
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to TQ1 2PX

23 rd / 53
Price Rank
43% lower than average
24 th / 45
Size Rank
9% smaller than average
31 st / 45
Price Per Sq FT Rank
37% lower than average

Compared to other properties in TQ1 2PX , this flat's estimated value ranks 23th out of 53. Based on price per square foot, it ranks 31th 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 24th out of 45 properties in its postcode area.

Sale History

Today
£139,093
streetscan.co.uk estimate
+17 %
21 Jun 2018
£119,000
Leasehold
+3.5 %
9 Jul 2015
£115,000
Leasehold
0 %
27 Jul 2009
£115,000
Leasehold
+91.7 %
31 Mar 2000
£60,000
Leasehold
+25 %
15 Apr 1997
£48,000
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: 689 sq ft
sale price: £108,000
sale date: 29 Mar 2021

Data Sources

The property at Flat 6, Palermo Lower Erith Road, Torquay, TQ1 2PX appears five times in the Land Registry records, with the latest transaction recorded on 21 Jun 2018. 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.