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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, Flat 2, Mount Vernon, Torquay is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 409 ft2 of internal area.
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, Mount Vernon, Torquay is £84,542 and the estimated rental value is £617 per month.
The apartment is within Mount Vernon, Higher Erith Road, Torquay, TQ1.
Higher Erith Road, Torquay, TQ1 is located within the TQ1 postal district.
Flat 2, Mount Vernon, Torquay has 2 entries in the Land Registry , most recently in December 2018 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 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 Flat 2, Mount Vernon, Torquay is in very good condition we estimate a sale value of £88,769 and a rental value of £648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,624 and a rental value of £574 per month.
Over the last 12 months the sale value of Flat 2 Mount Vernon Torquay has decreased by an estimated £2,211 (2.6%) and its rental value has increased by an estimated £26 per month (4.2%), giving an expected gross yield of 8.8%.
According to HM Land Registry, Flat 2, Mount Vernon, Torquay was last sold on 19th December 2018 for £58,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2018, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Mount Vernon, Torquay within a radius of 520 metres over the last 2 years.
The most recent example is Flat 4, Ronceval, Higher Erith Road, Torquay, TQ1 2NH, a leasehold flat which sold for £90,000 on the 12th January 2024.
Read more about house prices in TQ1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Higher Erith Road, Torquay, TQ1 has a total of 194 addresses. According to our analysis of all the public data, Flat 2, Mount Vernon, Torquay is the 159th largest and the 187th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in TQ1.
The closest station to Flat 2, Mount Vernon, Torquay is Torquay station which is 2.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Flat 2, Mount Vernon, Torquay, 55.4% of property is privately rented and 23.7% 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 2, Mount Vernon, Torquay, 7.9% of residents are recorded as possessing school level qualifications and 37.5% 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, Mount Vernon, 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 Flat 2, Mount Vernon, Torquay, 1.3% 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 Flat 2, Mount Vernon, Torquay, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
