Property profile

Flat 1 PalermoLower Erith Road

Map showing Flat 1 Palermo, Lower Erith Road, Torquay

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£165,000

Flats sold in Wellswood

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold07 Sept 2009
£124,000Change since last sale: +£39,000 (+31%)
Annualised change
+1.6% per yearTorbay annualised change (flats) since 2009: +1.7% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £234 per sq ft
£170 per sq ftEstimate vs local median: −£64 per sq ft (−27%)
Local sold pricesMedian for flats in Wellswood
£160,000Estimate vs local median: +£3,000 (+1.7%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Semi-Detached
TenureLeasehold
Construction period1967-1975
Floor area89 m² / 958 sq ft
Rooms3 habitable / 3 heated
Floor level1
EPC ratingE
EPC inspection16 Oct 2013

Sales history

DatePriceChange
07 Sept 2009£124,000+8%
17 Apr 2003£115,000+31%
20 Aug 2002£88,000+96%
23 Jul 1999£45,000-5%
18 Mar 1998£47,250+39%
29 Nov 1996£34,000-

Local market

Property prices in Wellswood

Median price£225,000
Price per sq ft£250
Sales (last 12 months)102
Typical range (middle 50%)£149K – £410K

Based on 102 recent sales, the median property price is £225,000 (about £250 per square foot) in Wellswood area, with individual transactions ranging from £82,000 up to £1,175,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Wellswood over the last year.
TypeSalesMedian£/sq ft
Detached23£718,000£353
Semi-Detached4£287,500£293
Terraced14£237,500£277
Flats61£160,000£234

10-year price trendmedian sale price in Wellswood

Sale price

Ten year median sale price trend for each property type in Wellswood.
YearDetachedFlatsSemi-DetachedTerraced
2016£430,000£160,000£175,000£275,000
2017£480,000£175,000£332,500£259,950
2018£499,950£160,000£338,500£291,250
2019£510,000£129,000£352,500£270,000
2020£625,000£162,000£357,213£238,250
2021£640,000£180,000£330,000£301,750
2022£712,500£185,000£425,160£309,975
2023£730,000£193,750£305,000£295,000
2024£750,000£160,000£340,375
2025£625,000£162,500£470,000£297,000
2026£719,000£180,000£300,000£262,500
Ten year median sale price trend for each property type in Wellswood.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Wellswood.
YearDetachedFlatsSemi-DetachedTerraced
2016£259£204£181£244
2017£270£223£263£217
2018£311£209£270£278
2019£301£219£207£226
2020£344£222£284£246
2021£324£240£315£282
2022£383£264£336£308
2023£433£291£333£271
2024£398£238£317
2025£366£247£252£265
2026£354£243£344£337
Ten year median sale price per square foot trend for each property type in Wellswood.

Price distribution by property typelast 12 months

Price distribution by property type for Wellswood in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near TQ1 2PX.

Recent sold properties in the last 18 months near TQ1 2PX
DateAddressTypeTenurePriceMap
17 Jul 2026Flat 2, Southfield, Lower Erith Road, Torquay, TQ1 2PXFlatsLeasehold£292,500
27 Jun 2025Holly Bank, Lower Erith Road, Torquay, TQ1 2PXDetachedFreehold£680,000
27 Mar 2026Flat 7, Kingsdale, Higher Erith Road, Torquay, TQ1 2NQFlatsLeasehold£163,000
22 Jul 2025Clarity, Higher Erith Road, Torquay, TQ1 2NQDetachedFreehold£465,000
28 Jan 2026Flat 4, 452, Babbacombe Road, Torquay, TQ1 1HWOtherLeasehold£134,000

Other properties at this postcode

Area insights for TQ1 2PX

Full area profile →

Overview

Postcode TQ1 2PX is located in an urban city, within the Wellswood ward of Torbay in the South West region, and forms part of the Wellswood area. It has average deprivation and high crime levels, with around 66.7 crimes per 1,000 residents per year, about 22% below the South West average of 85 per 1,000. The average income per household in Wellswood is £39,267 per year. The nearest station is Torquay, about 1.4 miles away. There are 4 primary and 1 secondary schools in the area. There is 1 park nearby, the closest medium park is Torwood Gardens.

Crime rate
7/10
Crimes per 1k residents
67
Deprivation level
6/10
Income level
1/10
Social housing
8.8%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Moderate

Deprivation level

6/10

Wellswood has an average level of deprivation, ranked at position 13,852 out of 32,844 areas in the United Kingdom, placing it within the top 42% most deprived areas in England.

Crime level

7/10

Wellswood has a high crime rate, with approximately 66.7 reported incidents per 1,000 population each year.

Social housing

8.8%

Approximately 8.8% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 4.0% of dwellings are socially rented.

Income level

1/10

The average income per household in Wellswood is £39,267 per year.

Noise Level

Moderate

Moderate noise level (65.0-69.9 dB) from road, approximately 175 ft away from TQ1 2PX.

Flood risk

No risk

Wellswood near TQ1 2PX has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Torquay located about 1.4 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for TQ1 2PX
DistanceNameSizeDirections
0.3 miTorwood GardensMediumWalking directions to Torwood Gardens

Area Profile

Population
301
Population density
4,507.5 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
42.48(+27%)
Anti-social behaviour
9.44(-37%)
Criminal damage and arson
8.26(+27%)
Other theft
3.54(-37%)
Burglary
2.95(+6%)
South West average

Demographics

Ethnic groups

British
273
90.4%
Other White
20
6.62%
Other Asian
5
1.66%
Chinese
1
0.33%
African
1
0.33%
Total population: 302

Economics

Education (age 16+)

Level 4+ (Degree)
78
28.47%
No qualifications
47
17.15%
Level 2 (GCSEs 9-4)
46
16.79%
Level 3 (A level)
43
15.69%
Level 1 (GCSEs 3-1)
27
9.85%
Total 16+ residents: 274

Housing

Housing tenure

Private landlord or letting agency
65
38.01%
Owns outright
58
33.92%
Owns with a mortgage
31
18.13%
Other social rented
15
8.77%
Other forms of private rent
2
1.17%
Total households: 171

Schools

In the TQ1 2PX postcode area, located within Wellswood, there are 4 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for TQ1 2PX
DistancePhaseNameTypeRating
0.3 miPrimaryIlsham Church of England AcademyAcademy converter

Good

0.4 miPrimaryWarberry CofE AcademyAcademy converter

Good

0.7 miPrimaryAll Saints Babbacombe CofE Primary SchoolAcademy converter

Good

Local amenities

No Supermarkets & Convenience Stores nearby