Flat 6 Palermo Lower Erith Road

    FLAT 6 PALERMO, LOWER ERITH ROAD, TORQUAY, TQ1 2PX

    This flat/maisonette leasehold property on Lower Erith Road last sold in June 2018 for £119,000. Based on price growth in the TQ1 district since then, its estimated current value is £130,769 — placing it in the 9th percentile nationally and the 17th percentile within TQ1. The property covers 75 m² (807 sq ft), giving an estimated value of £1,744 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £119,000

    Jun 2018

    Estimated Valuation

    £130,769

    Est. £/sq ft

    £162/sq ft

    £1,744/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area807 sq ft (75 m²)
    EPC dateOct 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    21 Jun 2018

    £119,000

    9 Jul 2015

    £115,000

    27 Jul 2009

    £115,000

    31 Mar 2000

    £60,000

    15 Apr 1997

    £48,000

    Key Metrics

    Estimated valuation£130,769
    Value per sq ft / m²£162/sq ft (£1,744/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile17th percentile
    National percentile9th 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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