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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 3, Madrepore Road, Torquay is £218,024 and the estimated rental value is £1,177 per month.
The apartment is within 3, Madrepore Road, Torquay, TQ1.
Madrepore Road, Torquay, TQ1 is located within the TQ1 postal district.
Flat 2, 3, Madrepore Road, Torquay has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data 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.
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 Flat 2, 3, Madrepore Road, Torquay is in very good condition we estimate a sale value of £228,925 and a rental value of £1,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,762 and a rental value of £1,095 per month.
Over the last 12 months the sale value of Flat 2 3 Madrepore Road Torquay has decreased by an estimated £5,702 (2.6%) and its rental value has increased by an estimated £49 per month (4.2%), giving an expected gross yield of 6.5%.
Flat 2, 3, Madrepore Road, Torquay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2019.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 3, Madrepore Road, Torquay within a radius of 390 metres over the last 2 years.
The most recent example is 3 Seacliff, Warren Road, Torquay, TQ2 5ST, a leasehold flat which sold for £155,000 on the 1st February 2018.
Read more about house prices in TQ1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madrepore Road, Torquay, TQ1 has a total of 34 addresses. According to our analysis of all the public data, Flat 2, 3, Madrepore Road, Torquay is the 27th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in TQ1.
The closest station to Flat 2, 3, Madrepore Road, Torquay is Torquay station which is 1.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 3, Madrepore Road, Torquay, 55.1% of property is privately rented and 22.5% is socially 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 Flat 2, 3, Madrepore Road, Torquay, 12.6% of residents are recorded as possessing school level qualifications and 17.9% 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 2, 3, Madrepore Road, Torquay, the average age was 42.5 and the most common age was 52.
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 2, 3, Madrepore 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 Flat 2, 3, Madrepore Road, Torquay, there are an average of 0.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.