According to the public record, Flat 3, Arborfield, Teignmouth is a period leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
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 3, Arborfield, Teignmouth has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated August 2015.
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 3 Arborfield Teignmouth as £184,717 and the rental value as £950 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 3 Arborfield Teignmouth has decreased by £3,092 (1.7%) and its rental value has increased by £39 per month (4.1%).
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 3, Arborfield, Teignmouth is in very good condition we estimate a sale value of £193,953 and rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,787 and a rental value of £883 per month.
If you were able to purchase this property for the estimated value of £184,717, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £908 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 3, Arborfield, Teignmouth was last sold on 29 Jan 2016 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Arborfield, Teignmouth within a radius of 520 metres over the last 2 years.
The most recent example is Old Customs House, Willow Street, Teignmouth, TQ14 8EY, a Leasehold flat which sold for £192,500 in Mar 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 3, Arborfield, Teignmouth is the 16th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in TQ14.
Flat 3, Arborfield, Teignmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Aug 2015.
The property is not connected to mains gas and has mostly double glazing. It is heated using electric storage heaters.
The closest station to Flat 3, 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 3, 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 3, 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 3, 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 3, 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 3, 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.