Flat 2 Palermo Lower Erith Road

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

    This flat/maisonette leasehold property on Lower Erith Road last sold in August 2021 for £148,000. Based on price growth in the TQ1 district since then, its estimated current value is £143,027 — placing it in the 11th percentile nationally and the 20th percentile within TQ1. The property covers 79 m² (850 sq ft), giving an estimated value of £1,810 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £148,000

    Aug 2021

    Estimated Valuation

    £143,027

    Est. £/sq ft

    £168/sq ft

    £1,810/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area850 sq ft (79 m²)
    EPC dateMar 2018
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    16 Aug 2021

    £148,000

    3 Oct 2007

    £150,000

    12 Aug 2002

    £96,500

    25 Jul 1997

    £51,600

    Key Metrics

    Estimated valuation£143,027
    Value per sq ft / m²£168/sq ft (£1,810/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile20th percentile
    National percentile11th 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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