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Mortgages · Paignton

Mortgages in Paignton. The typical home needs £22,147 down.

The average home in Paignton (the Torbay area) is £221,469 in the UK House Price Index for August 2026, down 3.1% on a year earlier. With a 10% deposit of £22,147, you would borrow £199,322.

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Mortgages in Paignton: a Homie illustration
  • £221,469average home, UK HPI
  • £22,14710% deposit
  • £44,294household income at 4.5× the loan
  • £0stamp duty for a first-time buyer
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The short answer

Mortgages in Paignton, in 30 seconds

The price
The average home in Paignton is £221,469.
The deposit
10% is £22,147. 5% deposit mortgages exist, but the rates are higher.
The income
Many lenders cap borrowing at around 4.5 times income, so a £199,322 loan needs roughly £44,294 a year, alone or jointly.
The advice
A free consultation with a specialist adviser looks at deals across the market for your own numbers.

Ten years of prices

Paignton house prices since 2016

From £177,512 to £221,469. Up 3.5% over five years.

2016 2019 2022 2025 2026
Average price each year to August 2026, Torbay.

Nearby

How Paignton compares with its neighbours

Average home in each council area, with the change over five years.

FAQ

Mortgages in Paignton: your questions

How much deposit do I need to buy in Paignton?

At the average price of £221,469, a 10% deposit is £22,147 and 5% is £11,073. A bigger deposit usually unlocks lower rates.

What salary do I need for a mortgage in Paignton?

With 10% down on the average home, the loan is £199,322. At 4.5 times income that means around £44,294 a year. Each lender sets its own limits, so treat this as a starting point.

Have Paignton house prices gone up?

Over five years the average home is up 3.5%, and over the last year it is down 3.1%.

How do Paignton house prices compare with nearby towns?

The average home in Paignton is £221,469. It costs more in Exmouth (£345,256) and Newton Abbot (£298,159).

The rest of your move

Everything else for Paignton

Mortgages nearby

Ready when you are, Paignton.

Mortgages for your Paignton move, tracked in the same Homemove dashboard as everything else.

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