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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: £395,000

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Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £395,000
    Refine estimate

  • Value change
    300 (-0.1%) 9,850 (2.6%) 16,950 (4.5%) 30,950 (8.5%) 55,250 (16.3%) 75,050 (23.4%) 84,900 (27.4%)  
    from 
  • Rental value
    £1,500 pcm
  • Confidence level
    98
  • Value range
    £377,000 - £413,000
  • Rental range
    £1,400 - £1,650 pcm

Monthly running costs Beta

£1,441 Monthly total

Remortgage

Property value
Loan amount (60% LTV)
Repayment term 25
Product Term 2 years
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Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

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 of 1.5%.

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 £110 Estimated energy cost £198/mo (£2,372/yr)

Similar properties could save up to £620

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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 £200 /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 £395,000. Herbert Road has 26 houses and flats on it with a average current value of £353,419, compared to an an average property value of £239,705 for TQ2. There have been 8 property sales on Herbert Road, TQ2 over the last 5 years with an average house price paid of £365,875 and this semi-detached house was last sold on 20th Apr 2012 for £305,000. There are currently 282 houses and flats to buy in TQ2 with an average asking price of £273,892 and 121 homes to rent in TQ2 with an average asking rent of £142 pw.

Back to Herbert Road results

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Market activity
Average price paid £213,521 Sales 501 Current average value £239,705 (Zoopla Zed-Index) Value change £7,906 ▲ 3.41%

Property value data/graphs for TQ2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £367,946 £240 3.6 £333,952
Semi-detached £231,973 £224 3.2 £207,601
Terraced £180,866 £200 3.0 £166,787
Flats £176,335 £255 1.9 £139,692

Current asking prices in TQ2

Average: £273,892
Avg. current asking prices in TQ2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £84,983
(3)
£192,510
(29)
£242,900
(71)
£348,172
(34)
£466,933
(15)
Flats £99,529
(24)
£173,285
(65)
£457,350
(17)
- -
All £97,913
(27)
£179,216
(94)
£284,328
(88)
£348,172
(34)
£466,933
(15)

Current asking rents in TQ2

Average: £615 pcm
Avg. current asking prices in TQ2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £478 pcm
(7)
£624 pcm
(6)
£836 pcm
(15)
£1,099 pcm
(3)
£1,473 pcm
(1)
Flats £523 pcm
(51)
£681 pcm
(25)
£598 pcm
(3)
- -
All £517 pcm
(58)
£670 pcm
(31)
£797 pcm
(18)
£1,099 pcm
(3)
£1,473 pcm
(1)

Fun facts for TQ2

Highest value in TQ2
Highest value streets Zed-Index
Hennapyn Road £633,542
Mead Road £603,854
Torbay Road £563,647
Monterey Close £563,232
Manscombe Road £552,616
Highest turnover in TQ2
Highest turnover streets Turnover
Pengelly Way 56.0%
Lyte Hill Lane 50.0%
Cornacre Road 50.0%
Mallard Close 46.2%
Sanford Road 45.5%

What Zoopla users think of Torquay

Overall rating:

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Local info for Torbay

About the neighbours in TQ2

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