Paignton Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

Torbay coastal town with affordable values relative to Torquay and regeneration opportunities

The Paignton property market recorded 659 residential sales over the past 12 months, with a median sale price of £250,000. This places Paignton £35k below the Devon county median of £285,000, and £35k below the UK national median of £285,000.

Prices in Paignton have shown a notable decline, with a year-on-year change of -5.7%. Within Devon, Paignton ranks 6th by price out of 8 principal towns, and 8th by transaction volume.

Paignton median prices have moved from £274,000 in Q1 2025 to £277,000 in Q2 2026, a change of +1.1% over 5 quarters.

Property prices in Paignton vary significantly by type. The table below compares Paignton prices with Devon county averages and UK national figures.

Detached homes in Paignton command £367,500, while flat properties are most accessible at £135,000. The £233k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

Paignton recorded 0 new-build transactions in the past 12 months, representing 0.0% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.

New-build properties in Paignton traded at a discount of 0.0% versus existing stock. Developers should focus on specification, design quality, and location to maximise values above comparable second-hand stock.

Across the wider Devon market, 96 new-build completions were recorded — see our Devon property market report for the full county picture.

The following table shows the most recent property transactions recorded in Paignton, providing real-time evidence of achieved prices for buyers, sellers, and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £145,000 to £243,000 illustrates the breadth of the Paignton market.

For developers considering Paignton, the local market data translates directly into finance structuring. With a median value of £250,000 and detached homes at £367,500, lenders can assess scheme viability with confidence.

A typical development finance facility for a Paignton scheme with a GDV of £367,500 would attract senior debt of approximately £238,875 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 5.7% year-on-year, experienced developers can still generate strong returns in Paignton by targeting well-located sites with clear demand drivers.

Ready to develop in Paignton? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Paignton's market in context, the table below compares it with similarly-priced towns across Devon:

For the full Devon town-by-town breakdown, see our comprehensive Devon property market report.