Flat 4 Palermo Lower Erith Road

    FLAT 4 PALERMO, LOWER ERITH ROAD, TORQUAY, TQ1 2PX

    This flat/maisonette leasehold property on Lower Erith Road last sold in July 2022 for £152,000. Based on price growth in the TQ1 district since then, its estimated current value is £147,692 — placing it in the 12th percentile nationally and the 22nd percentile within TQ1. The property covers 89 m² (958 sq ft), giving an estimated value of £1,659 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £152,000

    Jul 2022

    Estimated Valuation

    £147,692

    Est. £/sq ft

    £154/sq ft

    £1,659/m²

    Property Details

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

    Transaction History

    8 Jul 2022

    £152,000

    15 Dec 1995

    £42,000

    Key Metrics

    Estimated valuation£147,692
    Value per sq ft / m²£154/sq ft (£1,659/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile22nd percentile
    National percentile12th 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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