Flat 3, Mount Vernon
Flat 3, Mount Vernon
Description & Estimates
Public records show Flat 3, Mount Vernon, Torquay to be a period leasehold apartment with 419 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, Mount Vernon, Torquay has an estimated sale value of £85,315 and an estimated rental value of £620 per month, assuming reasonable condition and based on the information available.
The apartment sits within Mount Vernon, Higher Erith Road, Torquay, TQ1.
Higher Erith Road, Torquay, TQ1 lies within the TQ1 postal district.
Our Data Sources
Flat 3, Mount Vernon, Torquay has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, Mount Vernon, Torquay would be worth £89,581, with a potential rental value of £651 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £79,343, with a rental value of £577 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, Mount Vernon, Torquay has fallen by £2,231 (2.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £26 (4.2%). The property's estimated gross yield is currently 8.7%.
Energy Efficiency
Flat 3, Mount Vernon, Torquay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 3, Mount Vernon, Torquay last changed hands on 22nd July 2022, selling for £90,000. 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 17.1% since July 2022.
- Sold Jul 2022£90,000
- Sold Jun 2008£87,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of Flat 3, Mount Vernon, Torquay across the last 2 years.
Most recently, Flat 4, Ronceval, Higher Erith Road, Torquay, TQ1 2NH, a leasehold flat, sold at £90,000 on the 12th January 2024.
Read more about house prices in TQ1.
- Sold Jan 2024£90,000 | 1 Bed FlatRonceval, Higher Erith RoadFlat 4, Ronceval, Higher Erith Road, Torquay, TQ1 2NH
- Sold Oct 2021£98,000 | 1 Bed FlatRonceval, Higher Erith RoadFlat 3, Ronceval, Higher Erith Road, Torquay, TQ1 2NH
- Sold Dec 2018£58,000 | 1 Bed FlatMount Vernon , Higher Erith RoadFlat 2, Mount Vernon , Higher Erith Road, Torquay, TQ1 2NQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 3, Mount Vernon, Torquay as the 156th largest and the 186th most expensive of the 194 addresses on Higher Erith Road, Torquay, TQ1.
Against the TQ1 postcode district average, it is £175k less expensive than the typical property.
More reading links
Schools Nearby
- 500mIlsham Church of England Academy
- 700mWarberry CofE Academy
- 1.2kmAll Saints Babbacombe CofE Primary School
- 1.6kmThe Spires College
- 2.8kmSt Cuthbert Mayne School
- 2.9kmTorquay Academy
More reading links
Public Transport Nearby
Torquay station is the nearest stop to Flat 3, Mount Vernon, Torquay at 2.3 kilometres away.
- 2.3kmTorquay
- 2.7kmTorre
- 4.9kmPaignton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
