Flat 9, 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 and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £162,595 , which equates to approximately £201 per square foot. It was last sold on 6 Oct 2015 for £128,000. Since then, the value has increased by £34,595, representing a 27.0% increase, or approximately 2.6% per year.

The current estimated value of £162,595 is:

  • 31.0% lower than the average property price on Lower Erith Road
  • 32.9% lower than the average in the TQ1 2PX postcode area
  • and 43.3% lower than the average price for Torquay as a whole

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
Floor level
1st floor
Price (estimate)
£162,595
Price Per sq ft (estimate)
£201
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 9, 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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 75 mm loft insulation
Very Poor
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

25 th / 53
Price Rank
33% lower than average
23 rd / 45
Size Rank
9% smaller than average
34 th / 45
Price Per Sq FT Rank
26% lower than average

Compared to other properties in TQ1 2PX , this flat's estimated value ranks 25th out of 53. Based on price per square foot, it ranks 34th 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 23th out of 45 properties in its postcode area.

Sale History

Today
£162,595
streetscan.co.uk estimate
+27 %
6 Oct 2015
£128,000
Leasehold
-6.9 %
27 Jul 2007
£137,500
Leasehold
+60.8 %
15 Apr 2002
£85,500
Leasehold
+101.2 %
28 May 1999
£42,500
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 9, Palermo Lower Erith Road, Torquay, TQ1 2PX appears four times in the Land Registry records, with the latest transaction recorded on 6 Oct 2015. It also has a single Energy Performance Certificate (EPC) from 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.