5A, Palace Avenue
5A, Palace Avenue
Description & Estimates
5A, Palace Avenue, Paignton is described in the public record as a period apartment with 1,033 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5A, Palace Avenue, Paignton is £125,120 and its rental estimate is £565 per month, given the available information and assuming reasonable condition.
Palace Avenue, Paignton, TQ3 falls within the TQ3 postal district.
Our Data Sources
5A, Palace Avenue, Paignton has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data 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
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 5A, Palace Avenue, Paignton, we estimate a market value of £131,376 and a rental value of £594 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,361 and £526 per month respectively.
Recent Market Change
Over the last year, 5A, Palace Avenue, Paignton has seen its estimated sale value drop by £2,419 (1.9%) and its estimated rental value rise by £27 per month (4.8%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
5A, Palace Avenue, Paignton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5A, Palace Avenue, Paignton have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st July 2023, was 25B, Totnes Road, Paignton, TQ4 5JX, a leasehold flat which sold for £135,000.
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 107 addresses on Palace Avenue, Paignton, TQ3, 5A, Palace Avenue, Paignton comes out as the 20th largest and the 66th most expensive in our analysis of the public data.
It is also £137k less expensive than the average property across the TQ3 district.
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Schools Nearby
- 300mCurledge Street Academy
- 500mSacred Heart Catholic School
- 500mSt Michael's Church of England Academy
- 1.4kmPaignton Academy
- 4.5kmChurston Ferrers Grammar School Academy
- 4.6kmTorquay Boys' Grammar School
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Public Transport Nearby
From 5A, Palace Avenue, Paignton, the nearest station is Paignton, 300 metres away.
- 300mPaignton
- 3.3kmTorquay
- 4.5kmTorre
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.
