According to the public record, 11, Westlake Close, Torpoint is a mid-century leasehold apartment and with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Westlake Close, Torpoint, PL11 is located within the PL11 postal district.
11, Westlake Close, Torpoint has a single entry in the Land Registry database from May 2022 and 2 entries in the EPC database, most recently in December 2021.
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 Westlake Close Torpoint as £110,029 and the rental value as £582 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 11 Westlake Close Torpoint has increased by £5,473 (5.0%) and its rental value has increased by £22 per month (3.8%).
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, Westlake Close, Torpoint is in very good condition we estimate a sale value of £115,530 and rental value of £611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,327 and a rental value of £541 per month.
If you were able to purchase this property for the estimated value of £110,029, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £541 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, Westlake Close, Torpoint was last sold on 13 May 2022 for £87,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Westlake Close, Torpoint within a radius of 11m over the last 2 years.
The most recent example is 12, Westlake Close, Torpoint, PL11 2BZ, a Leasehold flat which sold for £120,000 in Aug 2023.
Read more about house prices in PL11.
Westlake Close, Torpoint, PL11 has a total of 21 addresses. According to our analysis of all the public data, 11, Westlake Close, Torpoint is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in PL11.
11, Westlake Close, Torpoint has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 11, Westlake Close, Torpoint is Dockyard (Devonport) station which is 2.9 km 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, Westlake Close, Torpoint, 52.4% of property is privately owned outright and 22.6% 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, Westlake Close, Torpoint, 9.9% of residents are recorded as possessing school level qualifications and 19.5% 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, Westlake Close, Torpoint, the average age was 48.2 and the most common age was 62.
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, Westlake Close, Torpoint, 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, Westlake Close, Torpoint, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.