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Public records show Flat 8, Broadsands, Paignton to be a modern leasehold apartment with 1,065 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 8, Broadsands, Paignton has an estimated sale value of £410,234 and an estimated rental value of £1,259 per month, assuming reasonable condition and based on the information available.
The apartment sits within Broadsands, Broad Reach, Paignton, TQ4.
Broad Reach, Paignton, TQ4 lies within the TQ4 postal district.
Flat 8, Broadsands, Paignton has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 8, Broadsands, Paignton would be worth £430,746, with a potential rental value of £1,322 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £381,518, with a rental value of £1,171 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 8, Broadsands, Paignton has fallen by £7,778 (1.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £61 (4.8%). The property's estimated gross yield is currently 3.7%.
Flat 8, Broadsands, Paignton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Flat 8, Broadsands, Paignton last changed hands on 23rd April 2018, selling for £412,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 30.3% since April 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 970 metres of Flat 8, Broadsands, Paignton across the last 2 years.
Most recently, Flat 4, Broadsands, Broad Reach, Paignton, TQ4 6FA, a leasehold flat, sold at £345,000 on the 15th November 2018.
Read more about house prices in TQ4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 8, Broadsands, Paignton as the 7th largest and the 7th most expensive of the 13 addresses on Broad Reach, Paignton, TQ4.
Against the TQ4 postcode district average, it is £134k more expensive than the typical property.
Paignton station is the nearest stop to Flat 8, Broadsands, Paignton at 3.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Broadsands, Paignton, 70.6% of property is privately owned outright and 21.9% is privately owned with a mortgage.
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 8, Broadsands, Paignton, 6.1% of residents are recorded as possessing school level qualifications and 33.0% 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 8, Broadsands, Paignton, the average age was 53.7 and the most common age was 72.
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 8, Broadsands, Paignton, 0.7% 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 8, Broadsands, Paignton, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.