32A, Preston Down Road
32A, Preston Down Road
Description & Estimates
32A, Preston Down Road, Paignton appears in the public record as a leasehold apartment.
We estimate it to be an early-century apartment with 869 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 32A, Preston Down Road, Paignton is £121,947 and its rental estimate is £626 per month, given the available information and assuming reasonable condition.
32, Preston Down Road is a residential building on Preston Down Road, Preston, Paignton, TQ3 and falls within the TQ3 postal district.
Our Data Sources
32A, Preston Down Road, Paignton has 41 entries in the Land Registry , most recently in May 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 32A, Preston Down Road, Paignton, we estimate a market value of £128,044 and a rental value of £657 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £113,411 and £582 per month respectively.
Recent Market Change
Over the last year, 32A, Preston Down Road, Paignton has seen its estimated sale value fall by £3,382 (2.8%) and its estimated rental value move up by £24 per month (3.9%). This results in an estimated gross rental yield of 6.2%.
Sold Prices
The most recent sale of 32A, Preston Down Road, Paignton completed on 2nd May 2018 at £175,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 18.1% over the period since May 2018.
- Sold May 2018£175,000
- Sold Jun 2004£118,000
- Sold Apr 2003£89,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 32A, Preston Down Road, Paignton have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th March 2022, was 11A, Seaway Road, Paignton, TQ3 2NX, a leasehold flat which sold for £105,000.
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
Of the 237 addresses on Preston Down Road, Preston, Paignton, TQ3, 32A, Preston Down Road, Paignton comes out as the 127th largest and the 212th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the TQ3 district.
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Schools Nearby
- 800mPreston Primary School
- 1.0kmOldway Primary School
- 1.1kmSacred Heart Catholic School
- 2.7kmPaignton Academy
- 3.1kmTorquay Boys' Grammar School
- 3.3kmTorquay Girls' Grammar School
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Public Transport Nearby
From 32A, Preston Down Road, Paignton, the nearest station is Paignton, 1.5 kilometres away.
- 1.5kmPaignton
- 1.9kmTorquay
- 3.0kmTorre
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
