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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Meadow Rise, Torquay is a modern freehold house with 2,497 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Meadow Rise, Torquay is £1,115,231 and the estimated rental value is £4,273 per month.
Meadow Rise, Torquay, TQ1 is located within the TQ1 postal district.
2, Meadow Rise, Torquay has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 2, Meadow Rise, Torquay is in very good condition we estimate a sale value of £1,170,992 and a rental value of £4,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,037,165 and a rental value of £3,974 per month.
Over the last 12 months the sale value of 2 Meadow Rise Torquay has decreased by an estimated £39,080 (3.5%) and its rental value has increased by an estimated £93 per month (2.2%), giving an expected gross yield of 4.6%.
2, Meadow Rise, Torquay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 2, Meadow Rise, Torquay was last sold on 13th July 2023 for £1,250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 51.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Meadow Rise, Torquay within a radius of 960 metres over the last 2 years.
The most recent example is 1, Meadow Rise, Torquay, TQ1 2FF, a freehold house which sold for £1,285,000 on the 17th August 2023.
Read more about house prices in TQ1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Rise, Torquay, TQ1 has a total of 10 addresses. According to our analysis of all the public data, 2, Meadow Rise, Torquay is the largest and the most expensive property on the street.
When compared to the postcode district it is £855k more expensive than the average property in TQ1.
The closest station to 2, Meadow Rise, Torquay is Torquay station which is 3.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Meadow Rise, Torquay, 55.9% of property is privately owned outright and 29.0% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 2, Meadow Rise, Torquay, 10.6% of residents are recorded as possessing school level qualifications and 33.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Meadow Rise, Torquay, the average age was 55.4 and the most common age was 72.
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 2, Meadow Rise, Torquay, 1.2% 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 2, Meadow Rise, Torquay, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
