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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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Public records show Flat 1, Ocean View 18, Torquay to be a period leasehold apartment with 1,550 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, Ocean View 18, Torquay has an estimated sale value of £295,334 and an estimated rental value of £1,205 per month, assuming reasonable condition and based on the information available.
The apartment sits within Ocean View, Babbacombe Road, Torquay, TQ1.
Babbacombe Road, Torquay, TQ1 lies within the TQ1 postal district.
Flat 1, Ocean View 18, Torquay has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 1, Ocean View 18, Torquay would be worth £310,101, with a potential rental value of £1,266 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £274,661, with a rental value of £1,121 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, Ocean View 18, Torquay has declined by £6,705 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £55 (4.5%). The property's estimated gross yield is currently 4.9%.
Flat 1, Ocean View 18, Torquay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Flat 1, Ocean View 18, Torquay last changed hands on 28th November 2022, selling for £338,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 25.5% since November 2022.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 560 metres of Flat 1, Ocean View 18, Torquay across the last 2 years.
Most recently, 10 The Old Town Hall, Babbacombe Road, Torquay, TQ1 3JR, a leasehold flat, sold at £280,000 on the 27th September 2022.
Read more about house prices in TQ1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, Ocean View 18, Torquay as the 85th largest and the 111th most expensive of the 574 addresses on Babbacombe Road, Torquay, TQ1.
Against the TQ1 postcode district average, it is £35k more expensive than the typical property.
Torre station is the nearest stop to Flat 1, Ocean View 18, Torquay at 2.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Ocean View 18, Torquay, 48.1% of property is privately rented and 28.7% is privately owned outright.
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 Flat 1, Ocean View 18, Torquay, 6.5% of residents are recorded as possessing school level qualifications and 23.0% 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 Flat 1, Ocean View 18, Torquay, the average age was 47.9 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 Flat 1, Ocean View 18, Torquay, 0.7% 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 1, Ocean View 18, Torquay, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
