According to the public record, 13, Montpellier Apartments 5, Teignmouth is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Montpellier Apartments, Winterbourne Road, Teignmouth, TQ14.
Winterbourne Road, Teignmouth, TQ14 is located in the borough of Teignbridge within the TQ14 postal district.
13, Montpellier Apartments 5, Teignmouth has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Montpellier Apartments 5 Teignmouth as £219,732 and the rental value as £993 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 13 Montpellier Apartments 5 Teignmouth has decreased by £5,507 (2.5%) and its rental value has increased by £32 per month (3.2%).
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 13, Montpellier Apartments 5, Teignmouth is in very good condition we estimate a sale value of £230,718 and rental value of £1,042 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,350 and a rental value of £923 per month.
If you were able to purchase this property for the estimated value of £219,732, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,080 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 13, Montpellier Apartments 5, Teignmouth was last sold on 10 Jul 2023 for £227,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Montpellier Apartments 5, Teignmouth within a radius of 450 metres over the last 2 years.
The most recent example is 6, Montpellier Apartments 5, Winterbourne Road, Teignmouth, TQ14 8JT, a Leasehold flat which sold for £225,000 in Nov 2023.
Read more about house prices in TQ14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Winterbourne Road, Teignmouth, TQ14 has a total of 30 addresses. According to our analysis of all the public data, 13, Montpellier Apartments 5, Teignmouth is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in TQ14.
13, Montpellier Apartments 5, Teignmouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using elecric underfloor heating.
The closest station to 13, Montpellier Apartments 5, Teignmouth is Teignmouth station which is 300 metres away.
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 13, Montpellier Apartments 5, Teignmouth, 39.1% of property is privately owned with a mortgage and 35.3% is privately owned outright.
The graph below shows how this compares to Greater London 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 13, Montpellier Apartments 5, Teignmouth, 16.1% of residents are recorded as possessing school level qualifications and 38.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 13, Montpellier Apartments 5, Teignmouth, the average age was 48.6 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 13, Montpellier Apartments 5, Teignmouth, 0.9% 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 13, Montpellier Apartments 5, Teignmouth, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.