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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
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According to the public record, 2, Park Lane, Torquay is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 605 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Park Lane, Torquay is £188,661 and the estimated rental value is £970 per month.
Park Lane, Torquay, TQ1 is located within the TQ1 postal district.
2, Park Lane, Torquay has 21 entries in the Land Registry , most recently in May 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Park Lane, Torquay is in very good condition we estimate a sale value of £198,094 and a rental value of £1,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,455 and a rental value of £902 per month.
Over the last 12 months the sale value of 2 Park Lane Torquay has decreased by an estimated £2,176 (1.2%) and its rental value has increased by an estimated £55 per month (5.7%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 2, Park Lane, Torquay was last sold on 12th May 2011 for £91,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2011, the market for similar properties has risen 26.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Lane, Torquay within a radius of 570 metres over the last 2 years.
The most recent example is 51, Rock Road, Torquay, TQ2 5SR, a freehold house which sold for £140,000 on the 2nd November 2020.
Read more about house prices in TQ1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Torquay, TQ1 has a total of 22 addresses. According to our analysis of all the public data, 2, Park Lane, Torquay is the 7th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in TQ1.
The closest station to 2, Park Lane, Torquay is Torquay station which is 1.5 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 2, Park Lane, Torquay, 46.9% of property is privately owned outright and 33.6% is privately rented.
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, Park Lane, Torquay, 6.9% of residents are recorded as possessing school level qualifications and 26.0% 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, Park Lane, 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, Park Lane, Torquay, 2.3% 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, Park Lane, 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.
