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According to the public record, Flat 2, 9, The Gerstons, Paignton is a period leasehold apartment with 548 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 Flat 2, 9, The Gerstons, Paignton is £160,319 and the estimated rental value is £678 per month.
The apartment is within 9, The Gerstons, Paignton, TQ3.
The Gerstons, Paignton, TQ3 is located within the TQ3 postal district.
Flat 2, 9, The Gerstons, Paignton has a single entry in the Land Registry from December 2007 and a single entry in the EPC database dated February 2020.
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.
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 Flat 2, 9, The Gerstons, Paignton is in very good condition we estimate a sale value of £168,335 and a rental value of £712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,097 and a rental value of £631 per month.
Over the last 12 months the sale value of Flat 2 9 The Gerstons Paignton has decreased by an estimated £2,676 (1.7%) and its rental value has increased by an estimated £26 per month (3.9%), giving an expected gross yield of 5.1%.
Flat 2, 9, The Gerstons, Paignton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 9, The Gerstons, Paignton was last sold on 20th December 2007 for £139,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2007, the market for similar properties has risen 39.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 9, The Gerstons, Paignton within a radius of 390 metres over the last 2 years.
The most recent example is Apartment 6, Westminster House 38-40 , Palace Avenue, Paignton, TQ3 3HB, a leasehold flat which sold for £168,500 on the 20th September 2024.
Read more about house prices in TQ3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Gerstons, Paignton, TQ3 has a total of 12 addresses. According to our analysis of all the public data, Flat 2, 9, The Gerstons, Paignton is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in TQ3.
The closest station to Flat 2, 9, The Gerstons, Paignton is Paignton station which is 300 metres 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 Flat 2, 9, The Gerstons, Paignton, 73.6% of property is privately rented and 10.7% is socially rented.
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 Flat 2, 9, The Gerstons, Paignton, 13.8% of residents are recorded as possessing school level qualifications and 17.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 9, The Gerstons, Paignton, the average age was 48.9 and the most common age was 62.
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 Flat 2, 9, The Gerstons, 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 Flat 2, 9, The Gerstons, Paignton, there are an average of 0.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.