Flat 11 Palermo Lower Erith Road

    FLAT 11 PALERMO, LOWER ERITH ROAD, TORQUAY, TQ1 2PX

    This flat/maisonette leasehold property on Lower Erith Road last sold in January 2015 for £125,000. Based on price growth in the TQ1 district since then, its estimated current value is £153,453 — placing it in the 13th percentile nationally and the 24th percentile within TQ1. The property covers 89 m² (958 sq ft), giving an estimated value of £1,724 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £125,000

    Jan 2015

    Estimated Valuation

    £153,453

    Est. £/sq ft

    £160/sq ft

    £1,724/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area958 sq ft (89 m²)
    EPC dateOct 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    23 Jan 2015

    £125,000

    2 Oct 2009

    £118,000

    20 Aug 2003

    £127,000

    16 Mar 2001

    £76,500

    22 Jan 2001

    £75,000

    16 Dec 1999

    £70,000

    19 Mar 1999

    £55,000

    Key Metrics

    Estimated valuation£153,453
    Value per sq ft / m²£160/sq ft (£1,724/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile24th percentile
    National percentile13th percentile

    District Context — TQ1

    TQ1 covers Torquay town centre and the immediate surrounding areas on the English Riviera in South Devon. It is a established seaside resort destination that blends holiday appeal with permanent residential communities.

    Average Property Price - TQ1

    £247,324

    27

    National percentile

    Average Net Household Income - TQ1

    £32,859

    18

    National percentile

    10-Year Annualised Price Growth - TQ1

    2.1%

    10

    National percentile

    10-Year Annualised Rent Growth - TQ

    3.3%

    16

    National percentile

    View full analysis for TQ1

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