According to the public record, Garden Flat, 40, Thurlow Road, Torquay is a period leasehold apartment and with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 40, Thurlow Road, Torquay, TQ1.
Thurlow Road, Torquay, TQ1 is located within the TQ1 postal district.
Garden Flat, 40, Thurlow Road, Torquay has 31 entries in the Land Registry database, most recently in October 2018 and 2 entries in the EPC database, most recently in August 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 Garden Flat 40 Thurlow Road Torquay as £150,508 and the rental value as £922 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Garden Flat 40 Thurlow Road Torquay has increased by £1,630 (1.1%) and its rental value has increased by £46 per month (4.9%).
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 Garden Flat, 40, Thurlow Road, Torquay is in very good condition we estimate a sale value of £158,033 and rental value of £968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,972 and a rental value of £858 per month.
If you were able to purchase this property for the estimated value of £150,508, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £740 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, Garden Flat, 40, Thurlow Road, Torquay was last sold on 26 Oct 2018 for £100,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2018, the market for similar properties has risen 29.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Garden Flat, 40, Thurlow Road, Torquay within a radius of 70m over the last 2 years.
The most recent example is Flat 3, 54, Thurlow Road, Torquay, TQ1 3EG, a Leasehold flat which sold for £107,500 in Feb 2023.
Read more about house prices in TQ1.
Thurlow Road, Torquay, TQ1 has a total of 203 addresses. According to our analysis of all the public data, Garden Flat, 40, Thurlow Road, Torquay is the 100th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in TQ1.
Garden Flat, 40, Thurlow Road, Torquay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Garden Flat, 40, Thurlow Road, Torquay is Torre station which is 900 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 Garden Flat, 40, Thurlow Road, Torquay, 53.0% of property is privately rented and 23.9% 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 Garden Flat, 40, Thurlow Road, Torquay, 14.5% of residents are recorded as possessing school level qualifications and 22.3% 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 Garden Flat, 40, Thurlow 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 Garden Flat, 40, Thurlow 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 Garden Flat, 40, Thurlow Road, 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.