According to the public record, Flat 4, The Palm, Torquay is a modern apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in The Palm, Bronshill Road, Torquay, TQ1.
Bronshill Road, Torquay, TQ1 is located within the TQ1 postal district.
Flat 4, The Palm, Torquay has no records in the Land Registry database and a single entry in the EPC database dated November 2013.
We combine this information with public data 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 4 The Palm Torquay as £122,456 and the rental value as £692 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 4 The Palm Torquay has increased by £541 (0.4%) and its rental value has increased by £35 per month (5.1%).
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 4, The Palm, Torquay is in very good condition we estimate a sale value of £128,579 and rental value of £727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,884 and a rental value of £644 per month.
If you were able to purchase this property for the estimated value of £122,456, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £602 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, The Palm, Torquay within a radius of 420 metres over the last 2 years.
The most recent example is 85A, Ellacombe Church Road, Torquay, TQ1 1LN, a Leasehold flat which sold for £110,000 in Sep 2023.
Read more about house prices in TQ1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bronshill Road, Torquay, TQ1 has a total of 82 addresses. According to our analysis of all the public data, Flat 4, The Palm, Torquay is the 72nd largest and the 66th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in TQ1.
Flat 4, The Palm, Torquay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 4, The Palm, Torquay is Torre station which is 1.6 kilometres 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 4, The Palm, Torquay, 25.7% of property is privately owned outright and 25.0% 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 4, The Palm, Torquay, 18.8% of residents are recorded as possessing school level qualifications and 24.3% 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 4, The Palm, Torquay, the average age was 39.6 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 Flat 4, The Palm, 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 4, The Palm, Torquay, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.