According to the public record, 4, Speranza Grove, Teignmouth is a mid-century apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Speranza Grove, Teignmouth, TQ14 is located in the borough of Teignbridge within the TQ14 postal district.
4, Speranza Grove, Teignmouth has no records in the Land Registry database and a single entry in the EPC database dated June 2014.
We combine this information with public data 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 Speranza Grove Teignmouth as £145,488 and the rental value as £820 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 4 Speranza Grove Teignmouth has decreased by £1,593 (1.1%) and its rental value has increased by £39 per month (4.7%).
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, Speranza Grove, Teignmouth is in very good condition we estimate a sale value of £152,763 and rental value of £861 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,304 and a rental value of £763 per month.
If you were able to purchase this property for the estimated value of £145,488, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £715 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Speranza Grove, Teignmouth within a radius of 400 metres over the last 2 years.
The most recent example is Apartment 8, George Street Apartments 5, George Street, Teignmouth, TQ14 8AH, a Leasehold flat which sold for £150,000 in May 2023.
Read more about house prices in TQ14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Speranza Grove, Teignmouth, TQ14 has a total of 9 addresses. According to our analysis of all the public data, 4, Speranza Grove, Teignmouth is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in TQ14.
4, Speranza Grove, Teignmouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jun 2014.
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, Speranza Grove, 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, Speranza Grove, Teignmouth, 48.6% of property is privately owned outright and 19.9% 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, Speranza Grove, Teignmouth, 9.3% of residents are recorded as possessing school level qualifications and 29.5% 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, Speranza Grove, 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, Speranza Grove, Teignmouth, 0.4% 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, Speranza Grove, Teignmouth, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.