40, Old Torquay Road
40, Old Torquay Road
Description & Estimates
According to the public record, 40, Old Torquay Road, Paignton is a period leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Old Torquay Road, Paignton is £201,910 and the estimated rental value is £842 per month.
The apartment is within 40, Old Torquay Road, Paignton, TQ3.
Old Torquay Road, Paignton, TQ3 is located within the TQ3 postal district.
Our Data Sources
40, Old Torquay Road, Paignton has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated September 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 40, Old Torquay Road, Paignton is in very good condition we estimate a sale value of £212,006 and a rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,776 and a rental value of £783 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40, Old Torquay Road, Paignton has moved down by £3,627 (1.8%), while its estimated rental value has increased by £41 per month (4.9%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
40, Old Torquay Road, Paignton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Sep 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 40, Old Torquay Road, Paignton was last sold on 9th August 2021 for £222,800 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has dropped by 10.8%.
- Sold Aug 2021£222,800
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Old Torquay Road, Paignton within a radius of 490 metres over the last 2 years.
The most recent example is Flat 11, The Claridge 5, Eugene Road, Paignton, TQ3 2PF, a leasehold flat which sold for £240,000 on the 21st May 2024.
Read more about house prices in TQ3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Torquay Road, Paignton, TQ3 has a total of 91 addresses. According to our analysis of all the public data, 40, Old Torquay Road, Paignton is the 54th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in TQ3.
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Schools Nearby
- 800mOldway Primary School
- 900mPreston Primary School
- 900mSacred Heart Catholic School
- 2.5kmPaignton Academy
- 3.3kmTorquay Boys' Grammar School
- 3.4kmTorquay Girls' Grammar School
More reading links
Public Transport Nearby
The closest station to 40, Old Torquay Road, Paignton is Paignton station, which is 1.3 kilometres away.
- 1.3kmPaignton
- 2.1kmTorquay
- 3.1kmTorre
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
