Flat 4 Excelsior Mews Fortune Way

    FLAT 4 EXCELSIOR MEWS, FORTUNE WAY, TORQUAY, TQ1 3PG

    This flat/maisonette leasehold property on Fortune Way last sold in December 2015 for £56,000. Based on price growth in the TQ1 district since then, its estimated current value is £68,747 — placing it in the 1st percentile nationally and the 2nd percentile within TQ1. The property covers 30 m² (323 sq ft), giving an estimated value of £2,292 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    323 sq ft

    30 m²

    Last Sale Price

    £56,000

    Dec 2015

    Estimated Valuation

    £68,747

    Est. £/sq ft

    £213/sq ft

    £2,292/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area323 sq ft (30 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 Dec 2015

    £56,000

    21 Sept 2006

    £68,500

    3 Nov 2000

    £31,000

    17 Mar 2000

    £25,500

    Key Metrics

    Estimated valuation£68,747
    Value per sq ft / m²£213/sq ft (£2,292/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile2nd percentile
    National percentile1st 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

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