According to the public record, Flat 3, Avoca Court, Torquay is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Avoca Court, Teignmouth Road, Torquay, TQ1.
Teignmouth Road, Torquay, TQ1 is located within the TQ1 postal district.
Flat 3, Avoca Court, Torquay has 21 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated August 2019.
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 Flat 3 Avoca Court Torquay as £194,506 and the rental value as £943 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 3 Avoca Court Torquay has increased by £1,551 (0.8%) and its rental value has increased by £39 per month (4.1%).
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 Flat 3, Avoca Court, Torquay is in very good condition we estimate a sale value of £204,231 and rental value of £990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,890 and a rental value of £877 per month.
If you were able to purchase this property for the estimated value of £194,506, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £956 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, Flat 3, Avoca Court, Torquay was last sold on 08 Jan 2021 for £147,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2021, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Avoca Court, Torquay within a radius of 410 metres over the last 2 years.
The most recent example is 29, Oak Hill Road, Torquay, TQ1 4FL, a Leasehold flat which sold for £157,000 in Feb 2023.
Read more about house prices in TQ1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Teignmouth Road, Torquay, TQ1 has a total of 482 addresses. According to our analysis of all the public data, Flat 3, Avoca Court, Torquay is the 289th largest and the 265th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in TQ1.
Flat 3, Avoca Court, Torquay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2019.
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 Flat 3, Avoca Court, Torquay is Torre station which is 500 metres 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 Flat 3, Avoca Court, Torquay, 26.1% of property is privately owned with a mortgage and 26.1% is privately rented.
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 Flat 3, Avoca Court, Torquay, 19.1% of residents are recorded as possessing school level qualifications and 23.8% 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 Flat 3, Avoca Court, Torquay, the average age was 42.5 and the most common age was 52.
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 Flat 3, Avoca Court, 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 Flat 3, Avoca Court, Torquay, 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.