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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Mimosa Way, Paignton is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mimosa Way, Paignton is £191,609 and the estimated rental value is £788 per month.
Mimosa Way, Paignton, TQ4 is located within the TQ4 postal district.
7, Mimosa Way, Paignton has 2 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 7, Mimosa Way, Paignton is in very good condition we estimate a sale value of £201,189 and a rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,196 and a rental value of £733 per month.
Over the last 12 months the sale value of 7 Mimosa Way Paignton has decreased by an estimated £4,196 (2.2%) and its rental value has increased by an estimated £36 per month (4.5%), giving an expected gross yield of 4.9%.
7, Mimosa Way, Paignton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Mimosa Way, Paignton was last sold on 14th April 2023 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2023, the market for similar properties has dropped 27.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mimosa Way, Paignton within a radius of 840 metres over the last 2 years.
The most recent example is 64, Mimosa Way, Paignton, TQ4 7FE, a leasehold flat which sold for £166,000 on the 9th November 2020.
Read more about house prices in TQ4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mimosa Way, Paignton, TQ4 has a total of 91 addresses. According to our analysis of all the public data, 7, Mimosa Way, Paignton is the 86th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in TQ4.
The closest station to 7, Mimosa Way, Paignton is Paignton station which is 2.3 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Mimosa Way, Paignton, % of property is and % is .
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Mimosa Way, Paignton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Mimosa Way, Paignton, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Mimosa Way, Paignton, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
