Flat 8 Rathlin Palermo Road

    FLAT 8 RATHLIN, PALERMO ROAD, TORQUAY, TQ1 3NW

    This flat/maisonette leasehold property on Palermo Road last sold in May 2023 for £245,000. Based on price growth in the TQ1 district since then, its estimated current value is £224,533 — placing it in the 31st percentile nationally and the 53rd percentile within TQ1. The property covers 68 m² (732 sq ft), giving an estimated value of £3,302 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £245,000

    May 2023

    Estimated Valuation

    £224,533

    Est. £/sq ft

    £307/sq ft

    £3,302/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area732 sq ft (68 m²)
    EPC dateJul 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters, Room heaters, electric

    Transaction History

    15 May 2023

    £245,000

    15 Nov 2021

    £191,000

    1 Mar 2017

    £165,000

    16 Oct 2006

    £150,000

    4 Nov 2002

    £127,000

    22 Jul 1996

    New build

    £56,000

    Key Metrics

    Estimated valuation£224,533
    Value per sq ft / m²£307/sq ft (£3,302/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ1 district percentile53rd percentile
    National percentile31st 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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