According to the public record, Flat 1, Arborfield, Teignmouth is a period leasehold apartment with 1,657 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Arborfield, Landscore Road, Teignmouth, TQ14.
Landscore Road, Teignmouth, TQ14 is located in the borough of Teignbridge within the TQ14 postal district.
Flat 1, Arborfield, Teignmouth has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated October 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 Flat 1 Arborfield Teignmouth as £235,752 and the rental value as £1,212 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 1 Arborfield Teignmouth has decreased by £3,082 (1.3%) and its rental value has increased by £54 per month (4.5%).
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 Flat 1, Arborfield, Teignmouth is in very good condition we estimate a sale value of £247,540 and rental value of £1,273 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,250 and a rental value of £1,127 per month.
If you were able to purchase this property for the estimated value of £235,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,159 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, Flat 1, Arborfield, Teignmouth was last sold on 19 Mar 2021 for £211,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 9.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 1, Arborfield, Teignmouth within a radius of 520 metres over the last 2 years.
The most recent example is 125, Coombe Vale Road, Teignmouth, TQ14 9EN, a Leasehold flat which sold for £140,000 in May 2022.
Read more about house prices in TQ14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Landscore Road, Teignmouth, TQ14 has a total of 57 addresses. According to our analysis of all the public data, Flat 1, Arborfield, Teignmouth is the 10th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in TQ14.
Flat 1, Arborfield, Teignmouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2020.
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 Flat 1, Arborfield, Teignmouth is Teignmouth station which is 800 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 Flat 1, Arborfield, Teignmouth, 57.7% of property is privately owned outright and 27.7% is privately owned with a mortgage.
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 Flat 1, Arborfield, Teignmouth, 17.3% of residents are recorded as possessing school level qualifications and 37.6% 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 Flat 1, Arborfield, 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 Flat 1, Arborfield, Teignmouth, 0.7% 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 Flat 1, Arborfield, Teignmouth, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.