86, Merritt Flats Totnes Road, Paignton, TQ3 3RP is a freehold flat built before 1900. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £77,691 , which equates to approximately £160 per square foot. It was last sold on 27 Jan 2023 for £87,000. Since then, the value has decreased by £9,309, representing a 10.7% decrease, or approximately 3.7% per year.

The current estimated value of £77,691 is:

  • 67.6% lower than the average property price on Totnes Road
  • 9.5% higher than the average in the TQ3 3RP postcode area
  • and 71.8% lower than the average price for Paignton as a whole

Based on EPC inspection history, this property has been mostly rented (3 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 31 October 2022, the property was recorded as rented.

View sold house prices in TQ3 3RP

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
484 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£77,691
Price Per sq ft (estimate)
£160
Bedroom Count (estimate)
1 bedroom

EPC Summary

86, Merritt Flats Totnes Road, Paignton, Torbay, TQ3 3RP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 31 Oct 2022.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Sep 2022, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 86.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TQ3 3RP

7 th / 17
Price Rank
9% higher than average
4 th / 16
Size Rank
8% bigger than average
7 th / 16
Price Per Sq FT Rank
1% higher than average

Compared to other properties in TQ3 3RP , this flat's estimated value ranks 7th out of 17. Based on price per square foot, it ranks 7th out of 16 properties. In terms of size, this home ranks 4th out of 16 properties in its postcode area.

Sale History

Today
£77,691
streetscan.co.uk estimate
-11 %
27 Jan 2023
£87,000
Leasehold
+41.6 %
30 Mar 2022
£61,460
Leasehold
+78.1 %
31 Jan 2002
£34,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 495 sq ft
sale price: £92,000
sale date: 22 Sep 2023
rooms: 2
size: 420 sq ft
sale price: £65,000
sale date: 16 Jan 2020
rooms: 3
size: 506 sq ft
sale price: £59,000
sale date: 18 Jan 2013
rooms: 3
size: 463 sq ft
sale price: £62,500
sale date: 20 Dec 2012
rooms: 3
size: 484 sq ft
sale price: £58,000
sale date: 7 Dec 2012

Data Sources

The property at 86, Merritt Flats Totnes Road, Paignton, TQ3 3RP appears three times in the Land Registry records, with the latest transaction recorded on 27 Jan 2023. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Oct 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.