According to the public record, Apartment 8 Apartments 5, Teignmouth is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in George Street Apartments, George Street, Teignmouth, TQ14.
George Street, Teignmouth, TQ14 is located in the borough of Teignbridge within the TQ14 postal district.
Apartment 8 Apartments 5, Teignmouth has 2 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated March 2020.
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 Apartment 8 Apartments 5 Teignmouth as £153,817 and the rental value as £883 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Apartment 8 Apartments 5 Teignmouth has decreased by £1,863 (1.2%) and its rental value has increased by £40 per month (4.6%).
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 Apartment 8 Apartments 5, Teignmouth is in very good condition we estimate a sale value of £161,508 and rental value of £927 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,050 and a rental value of £821 per month.
If you were able to purchase this property for the estimated value of £153,817, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £756 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, Apartment 8 Apartments 5, Teignmouth was last sold on 19 May 2023 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 8 Apartments 5, Teignmouth within a radius of 430 metres over the last 2 years.
The most recent example is Flat 10, Royal Court, Den Crescent, Teignmouth, TQ14 8BR, a Leasehold flat which sold for £110,000 in May 2024.
Read more about house prices in TQ14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Street, Teignmouth, TQ14 has a total of 23 addresses. According to our analysis of all the public data, Apartment 8 Apartments 5, Teignmouth is the 23rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in TQ14.
Apartment 8 Apartments 5, Teignmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to Apartment 8 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 Apartment 8 Apartments 5, Teignmouth, 61.6% of property is privately rented and 22.2% 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 Apartment 8 Apartments 5, Teignmouth, 6.2% of residents are recorded as possessing school level qualifications and 30.6% 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 Apartment 8 Apartments 5, 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 Apartment 8 Apartments 5, Teignmouth, 1.9% 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 Apartment 8 Apartments 5, Teignmouth, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.