1A, Park Lane Steps
1A, Park Lane Steps
Description & Estimates
According to the public record, 1A, Park Lane Steps, Torquay is a period leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1A, Park Lane Steps, Torquay is £55,990 and the estimated rental value is £410 per month.
The apartment is within 1, Park Lane Steps, Torquay, TQ1.
Park Lane Steps, Torquay, TQ1 is located within the TQ1 postal district.
Our Data Sources
1A, Park Lane Steps, Torquay has 41 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 1A, Park Lane Steps, Torquay is in very good condition we estimate a sale value of £58,790 and a rental value of £430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £52,071 and a rental value of £381 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1A, Park Lane Steps, Torquay has dropped by £1,197 (2.1%), while its estimated rental value has risen by £19 per month (4.7%). Based on current estimates, the property offers a gross rental yield of 8.8%.
Energy Efficiency
1A, Park Lane Steps, Torquay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2021.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 1A, Park Lane Steps, Torquay was last sold on 30th April 2021 for £52,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2021, the market for similar properties has risen by 6.0%.
- Sold Apr 2021£52,500
- Sold Sep 2007£50,000
- Sold Jun 2005£59,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 1A, Park Lane Steps, Torquay within a radius of 580 metres over the last 2 years.
The most recent example is 1 Farnborough House 3, Warren Hill, Torquay, TQ2 5SH, a leasehold flat which sold for £60,000 on the 11th December 2024.
Read more about house prices in TQ1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Park Lane Steps, Torquay, TQ1 has a total of 2 addresses. According to our analysis of all the public data, 1A, Park Lane Steps, Torquay is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in TQ1.
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Schools Nearby
- 900mWarberry CofE Academy
- 1.3kmEllacombe Church of England Academy
- 1.4kmIlsham Church of England Academy
- 1.7kmThe Spires College
- 2.6kmTorquay Academy
- 2.7kmSt Cuthbert Mayne School
More reading links
Public Transport Nearby
The closest station to 1A, Park Lane Steps, Torquay is Torquay station, which is 1.5 kilometres away.
- 1.5kmTorquay
- 2.2kmTorre
- 4.1kmPaignton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
