According to the public record, Flat 5, Mardon House 10, Teignmouth is a modern leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mardon House, Higher Brimley Road, Teignmouth, TQ14.
Higher Brimley Road, Teignmouth, TQ14 is located in the borough of Teignbridge within the TQ14 postal district.
Flat 5, Mardon House 10, Teignmouth has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated November 2016.
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 5 Mardon House 10 Teignmouth as £215,175 and the rental value as £1,014 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 5 Mardon House 10 Teignmouth has decreased by £2,613 (1.2%) and its rental value has increased by £46 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 Flat 5, Mardon House 10, Teignmouth is in very good condition we estimate a sale value of £225,934 and rental value of £1,065 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,113 and a rental value of £943 per month.
If you were able to purchase this property for the estimated value of £215,175, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,058 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 5, Mardon House 10, Teignmouth was last sold on 14 Dec 2023 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Mardon House 10, Teignmouth within a radius of 400 metres over the last 2 years.
The most recent example is Flat 12, Charlton Court, Bank Street, Teignmouth, TQ14 8FN, a Leasehold flat which sold for £200,000 in Apr 2022.
Read more about house prices in TQ14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Higher Brimley Road, Teignmouth, TQ14 has a total of 111 addresses. According to our analysis of all the public data, Flat 5, Mardon House 10, Teignmouth is the 79th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in TQ14.
Flat 5, Mardon House 10, Teignmouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 2016.
The property is not connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, Mardon House 10, 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 Flat 5, Mardon House 10, 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 Flat 5, Mardon House 10, 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 Flat 5, Mardon House 10, 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 5, Mardon House 10, 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 Flat 5, Mardon House 10, 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.