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Fernlea, 8, Mill Lane, Torquay, Torbay, TQ2 5AN

How much is Fernlea, 8, Mill Lane, Torquay, Torbay, TQ2 5AN worth?

Estimated value — November 2026

£114,000

Likely range £81,000 – £142,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale March 1996

47%

confidence

Medium

Typically within 13% of the sale price

Property details

Flat / Maisonette

Mill Lane · Torquay · TQ2 5AN

Address

District
Torbay
County
Torbay
See house prices in TQ2 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£50k£100k£150k£200k20002002200420062008201020122014201620182020202220242026£114,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£57,881£48,130 – £67,767
2001£68,859£56,544 – £81,153
2002£90,824£73,811 – £107,206
2003£106,373£85,658 – £125,729
2004£127,863£101,887 – £151,573
2005£124,260£97,798 – £148,152
2006£131,799£102,582 – £157,789
2007£138,056£106,325 – £166,364
2008£116,242£89,137 – £140,762
2009£113,126£86,310 – £137,851
2010£108,844£82,684 – £133,646
2011£106,690£80,718 – £131,328
2012£103,676£87,149 – £117,699
2013£103,866£86,320 – £118,753
2014£103,270£84,842 – £118,906
2015£111,970£90,924 – £129,827
2016£114,292£91,722 – £133,442
2017£119,602£94,845 – £140,608
2018£118,221£92,625 – £139,939
2019£116,335£90,040 – £138,646
2020£116,320£88,921 – £139,567
2021£131,642£99,382 – £159,014
2022£144,873£107,991 – £176,166
2023£132,900£97,802 – £162,680
2024£129,308£93,928 – £159,328
2025£121,516£87,111 – £150,708
2026£114,000£81,000 – £142,000

Sale history

1996Sold
£39,950
2026Today — estimated
+185%£114,000

Mortgage calculator

£612

Estimated monthly repayment

£102,600

Loan amount

£117,664

Total interest

£220,264

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

Fernlea, 8, Mill Lane, Torquay, Torbay, TQ2 5AN is a flat on Mill Lane in Torquay, Torbay. Stede's estimated value for November 2026 is £114,000. Four in five similar homes sold within their likely range when tested; for this property that range is £81,000 to £142,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 79 similar homes in the same postcode sector (25%). The confidence score is 47 out of 100 (medium): estimates like this one are typically within 13% of the eventual sale price.

It last sold in March 1996 for £39,950. The current estimate is 185% higher than that price. The current owner has held it for about 30 years.

The modelled value is down 5% over the past year and down 13% over the past five years.

Among 10 nearby properties Stede tracks in the TQ2 area, estimated values run from £99,000 to £141,000. This flat's £114,000 sits around the middle of that range.

Common questions

How much is Fernlea, 8, Mill Lane, Torquay, Torbay, TQ2 5AN worth?

Stede estimates Fernlea, 8, Mill Lane, Torquay, Torbay, TQ2 5AN is worth £114,000 as of November 2026, within a likely range of £81,000 to £142,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did Fernlea, 8, Mill Lane, Torquay, Torbay, TQ2 5AN last sell?

It last sold in March 1996 for £39,950.

What type of property is Fernlea, 8, Mill Lane, Torquay, Torbay, TQ2 5AN?

It is recorded as a Flat / Maisonette on Mill Lane in the TQ2 postcode area.

How reliable is this estimate?

The confidence score is 47 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 13% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 79 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 24,319 real sales of similar homes.

  • Its sale in March 1996, brought up to today with the House Price Index£113,57175%
  • 79 similar homes sold recently in the same postcode sector£115,55925%

Estimate £114,000, likely £81,000 – £142,000

Read the full methodology and data sources →