According to the public record, 11, Parkfield Road, Torquay is a period leasehold apartment and with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 11, Parkfield Road, Torquay, TQ1.
Parkfield Road, Torquay, TQ1 is located within the TQ1 postal district.
11, Parkfield Road, Torquay has 2 entries in the Land Registry database, most recently in October 2016 and 3 entries in the EPC database, most recently in April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Parkfield Road Torquay as £151,879 and the rental value as £857 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 11 Parkfield Road Torquay has increased by £568 (0.4%) and its rental value has increased by £36 per month (4.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 11, Parkfield Road, Torquay is in very good condition we estimate a sale value of £159,473 and rental value of £900 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,248 and a rental value of £797 per month.
If you were able to purchase this property for the estimated value of £151,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £746 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 11, Parkfield Road, Torquay was last sold on 20 Oct 2016 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2016, the market for similar properties has risen 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Parkfield Road, Torquay within a radius of 328m over the last 2 years.
The most recent example is 147A, Lymington Road, Torquay, TQ1 4BE, a Leasehold flat which sold for £150,000 in Sep 2023.
Read more about house prices in TQ1.
Parkfield Road, Torquay, TQ1 has a total of 142 addresses. According to our analysis of all the public data, 11, Parkfield Road, Torquay is the 44th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in TQ1.
11, Parkfield Road, Torquay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 11, Parkfield Road, Torquay is Torre station which is 700 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Parkfield Road, Torquay, 61.6% of property is privately rented and 19.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Parkfield Road, Torquay, 23.9% of residents are recorded as possessing school level qualifications and 17.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Parkfield Road, Torquay, the average age was 40.6 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Parkfield Road, Torquay, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Parkfield Road, Torquay, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.