According to the public record, Flat 43, Morgans Quay, Teignmouth is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Morgans Quay, Strand, Teignmouth, TQ14.
Strand, Teignmouth, TQ14 is located in the borough of Teignbridge within the TQ14 postal district.
Flat 43, Morgans Quay, Teignmouth has 21 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated December 2013.
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 43 Morgans Quay Teignmouth as £278,340 and the rental value as £1,006 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 43 Morgans Quay Teignmouth has decreased by £7,149 (2.6%) and its rental value has increased by £32 per month (3.1%).
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 43, Morgans Quay, Teignmouth is in very good condition we estimate a sale value of £292,257 and rental value of £1,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,857 and a rental value of £935 per month.
If you were able to purchase this property for the estimated value of £278,340, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,368 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 43, Morgans Quay, Teignmouth was last sold on 14 Apr 2014 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 34.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 43, Morgans Quay, Teignmouth within a radius of 620 metres over the last 2 years.
The most recent example is Flat 1, Morgans Quay, Strand, Teignmouth, TQ14 8XP, a Leasehold flat which sold for £360,000 in Dec 2022.
Read more about house prices in TQ14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Strand, Teignmouth, TQ14 has a total of 123 addresses. According to our analysis of all the public data, Flat 43, Morgans Quay, Teignmouth is the 47th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in TQ14.
Flat 43, Morgans Quay, Teignmouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 43, Morgans Quay, Teignmouth is Teignmouth station which is 600 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 43, Morgans Quay, Teignmouth, 49.1% of property is privately owned outright and 30.7% 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 Flat 43, Morgans Quay, Teignmouth, 7.4% of residents are recorded as possessing school level qualifications and 29.3% 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 43, Morgans Quay, 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 Flat 43, Morgans Quay, Teignmouth, 2.1% 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 43, Morgans Quay, 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.