Flat 5, Mount Vernon
Flat 5, Mount Vernon
Description & Estimates
According to the public record, Flat 5, Mount Vernon, Torquay is a period leasehold apartment with 699 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 Flat 5, Mount Vernon, Torquay is £108,553 and the estimated rental value is £701 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.
Our Data Sources
Flat 5, Mount Vernon, Torquay has a single entry in the Land Registry from June 2008 and a single entry in the EPC database dated August 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
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 5, Mount Vernon, Torquay is in very good condition we estimate a sale value of £113,981 and a rental value of £736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,954 and a rental value of £652 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Mount Vernon, Torquay has decreased by £2,321 (2.1%), while its estimated rental value has grown by £33 per month (4.7%). Based on current estimates, the property offers a gross rental yield of 7.7%.
Energy Efficiency
Flat 5, Mount Vernon, Torquay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 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
According to HM Land Registry, Flat 5, Mount Vernon, Torquay was last sold on 24th June 2008 for £87,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2008, the market for similar properties has risen by 9.9%.
- Sold Jun 2008£87,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Mount Vernon, Torquay within a radius of 520 metres over the last 2 years.
The most recent example is Flat 18, Ronceval, Higher Erith Road, Torquay, TQ1 2NH, a leasehold flat which sold for £120,000 on the 7th October 2024.
Read more about house prices in TQ1.
- Sold Oct 2024£120,000 | 2 Bed FlatRonceval, Higher Erith RoadFlat 18, Ronceval, Higher Erith Road, Torquay, TQ1 2NH
- Sold Jan 2024£100,000 | 2 Bed Flat452, Babbacombe RoadFlat 2, 452, Babbacombe Road, Torquay, TQ1 1HW
- Sold Dec 2021£137,000 | 2 Bed FlatRonceval, Higher Erith RoadFlat 9, Ronceval, Higher Erith Road, Torquay, TQ1 2NH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Higher Erith Road, Torquay, TQ1 has a total of 194 addresses. According to our analysis of all the public data, Flat 5, Mount Vernon, Torquay is the 60th largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in TQ1.
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
The closest station to Flat 5, Mount Vernon, Torquay is Torquay station, which is 2.3 kilometres away.
- 2.3kmTorquay
- 2.7kmTorre
- 4.9kmPaignton
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
