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Property details for Magnolia Lodge, Herbert Road, Torquay TQ2 6RP

Semi-detached house, Freehold, 8 Beds, 10+ Baths, 3 Receps - Edit
Zoopla Estimate: £387,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £387,000
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  • Value change
    12,000 (3.2%) 15,300 (4.1%) 24,000 (6.6%) 47,200 (13.9%) 68,050 (21.3%) 80,950 (26.4%) 74,450 (23.8%)  
    from 
  • Rental value
    £1,550 pcm
  • Confidence level
    99.5
  • Value range
    £374,000 - £401,000
  • Rental range
    £1,400 - £1,650 pcm

Monthly running costs Beta

£1,282 Monthly total
Remortgage
Property value
Loan amount (60%) 232,200
Repayment term 25
Interest rate 0.5
Your payment £823 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas £88 Electricity £90 Estimated energy cost £178/mo (£2,140/yr)

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 24900 kWh/year
Electricity: 6800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Torbay

Estimated tax band E Council tax cost £185 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £37 Sewerage £59 Estimated water cost £96 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Semi-detached house | Tenure: Freehold | Last sale: £305,000 | Sale date: 20th Apr 2012

This 8 bed freehold semi-detached house is located at Magnolia Lodge, Herbert Road, Torquay TQ2 6RP and has an estimated current value of £387,000. Herbert Road has 26 houses and flats on it with a average current value of £359,328, compared to an an average property value of £236,782 for TQ2. There have been 10 property sales on Herbert Road, TQ2 over the last 5 years with an average house price paid of £359,200 and this semi-detached house was last sold on 20th Apr 2012 for £305,000. There are currently 5 houses and flats to buy in TQ2 with an average asking price of £324,579 and 5 homes to rent in TQ2 with an average asking rent of £224 pw.

Owner info

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Market activity
Average price paid £203,156 Sales 493 Current average value £236,782 (Zoopla Zed-Index) Value change £12,106 ▲ 5.39%

What is the current average value of properties in TQ2?

The current average value in TQ2 in December 2016 is £236,782. This has increased 3.40% from September 2016. Terraced properties sold for a current average value of £179,602 and semi-detached properties valued £227,776. In the past year property prices in TQ2 have increased 5.39%. This is according to the current Zoopla estimates.

Property value data/graphs for TQ2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £361,331 £238 3.6 £289,760
Semi-detached £227,776 £220 3.2 £198,494
Terraced £179,602 £194 3.0 £162,664
Flats £178,739 £259 1.9 £159,867

Current asking prices in TQ2

Average: £195,736
Avg. current asking prices in TQ2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £84,950
(1)
£181,975
(4)
£352,890
(5)
£385,177
(13)
£561,790
(5)
Flats £72,475
(2)
£166,791
(16)
£452,990
(5)
- -
All £76,633
(3)
£169,827
(20)
£402,940
(10)
£385,177
(13)
£561,790
(5)

Current asking rents in TQ2

Average: £576 pcm
Avg. current asking prices in TQ2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £776 pcm
(1)
- -
Flats £648 pcm
(9)
£857 pcm
(4)
£576 pcm
(1)
- -
All £648 pcm
(9)
£857 pcm
(4)
£676 pcm
(2)
- -

Fun facts for TQ2

Highest value in TQ2
Highest value streets Zed-Index
Hennapyn Road £662,718
Mead Road £591,479
Monterey Close £559,411
Stoneleigh Drive £544,577
Manscombe Road £536,906
Highest turnover in TQ2
Highest turnover streets Turnover
Cornacre Road 50.0%
Pengelly Way 48.0%
Puffin Close 45.5%
Lime Avenue 44.4%
Sanford Road 42.4%

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