According to the public record, 4, Mere Lane, Teignmouth is a period freehold house with 1,517 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mere Lane, Teignmouth, TQ14 is located in the borough of Teignbridge within the TQ14 postal district.
4, Mere Lane, Teignmouth has a single entry in the Land Registry database from December 2010 and a single entry in the EPC database dated January 2018.
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 4 Mere Lane Teignmouth as £407,708 and the rental value as £1,453 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 4 Mere Lane Teignmouth has decreased by £15,375 (3.8%) and its rental value has increased by £27 per month (1.9%).
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 4, Mere Lane, Teignmouth is in very good condition we estimate a sale value of £428,093 and rental value of £1,525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,168 and a rental value of £1,351 per month.
If you were able to purchase this property for the estimated value of £407,708, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,004 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 data from HM Land Registry, 4, Mere Lane, Teignmouth sits on a plot of 125m2.
We have plot size data on 1 out of 6 other houses in the postcode and 4, Mere Lane, Teignmouth sits on the 3rd largest plot.
According to HM Land Registry, 4, Mere Lane, Teignmouth was last sold on 08 Dec 2010 for £247,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 54.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Mere Lane, Teignmouth within a radius of 580 metres over the last 2 years.
The most recent example is 31, Higher Brimley Road, Teignmouth, TQ14 8JU, a Freehold house which sold for £525,000 in Jun 2022.
Read more about house prices in TQ14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Lane, Teignmouth, TQ14 has a total of 23 addresses. According to our analysis of all the public data, 4, Mere Lane, Teignmouth is the largest and the most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in TQ14.
4, Mere Lane, Teignmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 4, Mere Lane, Teignmouth is Teignmouth station which is 200 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 4, Mere Lane, Teignmouth, 32.7% of property is socially rented and 31.7% is privately rented.
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 4, Mere Lane, Teignmouth, 7.6% of residents are recorded as possessing school level qualifications and 24.7% 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 4, Mere Lane, Teignmouth, the average age was 46.2 and the most common age was 57.
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 4, Mere Lane, Teignmouth, 0.0% 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 4, Mere Lane, Teignmouth, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.