Flat 12 Palermo Lower Erith Road

    FLAT 12 PALERMO, LOWER ERITH ROAD, TORQUAY, TQ1 2PX

    This flat/maisonette leasehold property on Lower Erith Road last sold in December 2024 for £178,200. Based on price growth in the TQ1 district since then, its estimated current value is £183,975 — placing it in the 20th percentile nationally and the 36th percentile within TQ1. The property covers 89 m² (958 sq ft), giving an estimated value of £2,067 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £178,200

    Dec 2024

    Estimated Valuation

    £183,975

    Est. £/sq ft

    £192/sq ft

    £2,067/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 area958 sq ft (89 m²)
    EPC dateOct 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Dec 2024

    £178,200

    23 Oct 2015

    £138,000

    9 Apr 2001

    £85,000

    23 Feb 2000

    £66,000

    Key Metrics

    Estimated valuation£183,975
    Value per sq ft / m²£192/sq ft (£2,067/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile36th percentile
    National percentile20th 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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