Paignton

Area Guide For Paignton

Paignton is a shoreline town on the shore of Tor Bay in Devon, England. Together with Torquay and Brixham it structures the unitary power of Torbay which was made in 1998. The Torbay zone is an occasion objective known as the English Riviera. Paignton's populace in the United Kingdom Census of 2011 was 49,021. It has roots as a Celtic settlement and was initially specified in 1086. It became as a little angling town and another harbor was inherent 1847. A track line was opened to travelers in 1859 making connections to Torquay and London. As its populace expanded, it united with the towns of Goodrington and Preston. Paignton track station is arranged near to the shops and a short stroll from the shoreline along Torbay Road. Monarch's Park Station for the Paignton and Dartmouth Steam Railway is neighboring the fundamental route station on the shoreline side of the level intersection. The transport and mentor station confront the principle passage to the railway station.

 
 

Paignton Map

Estimated Price: £204,717
Average Asking Price: £206,288
Price change in last one year: £16,264
Average Price Paid: £179,082
Average Rent Rates: £636

 
 

Property Prices Breakdown in Paignton

Average Price for property in Paignton is around £204,717 which varies based on type of property you are interested in and ranges from £278,799 for detached house to around £191,863 for semi-detached. Similarly terraced house is around £163,040 and a flat is worth £134,315. Values have been changing and have risen £1,316 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,448 in last 6 months, £16,264 in last 1 year, £25,401 in last 2 years, £25,490 in last 3 years, £26,709 in last 4 years and £19,425 in last 5 years.

Currently average asking price of a property in Paignton is around £206,288 based on approximately 816 properties for sale. Same is the case with rental options based on 143 properties up for rent, average asking rent is around £636 per month.

Estimated property value in Paignton is £204,717. Average asking price is £206,288 while average price paid is £184,197 which is up by £16,264 and Avg. asking rent £636.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Paignton area. In last 1 year alone average price buyer paid is around £184,197 based on approximately 816 sales in Paignton area alone. If you compare it to last 3 years sales of 2,421 properties where buyers paid around £179,834. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £179,082 for 3,805 and average amount paid for purchase of approx. 5,134 properties sold in last 7 years comes to about £179,091 per sale.

 
 

Properties For Sale in Paignton

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £104,479, £145,675 for a 2 bedroom house, £200,415 for a 3 bedroom house, £310,065 for a 4 bedroom house and £377,025 for a 5 bedroom house. For a flat similarly the prices varies from £94,755 for a single bedroom to £143,834 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £157,658 and £225,000 for a 4 bedroom flat. To sum up the asking prices for properties in Paignton it comes to around average £96,817 for 1 bedroom property, £144,918 for 2 bedroom, £196,181 for 3 bedroom, £309,231 for 4 bedroom and £377,025 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £516 for 1 bedroom to £662 for 2 bedrooms, £836 for 3 bedrooms, £1,060 for 4 bedrooms and £1,495 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £481. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £620 and £683 for 3 bedroom. You should be generally be expecting around average £488 rent per month for single bedroom property, £634 for 2 bedroom, £785 for 3 bedroom, £1,060 for 4 bedroom and approximately £1,495 for a 5 bedroom property in Paignton area.

Popular Houses in Paignton

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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