According to the public record, Flat 6, Burlington House, Teignmouth is a period leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Burlington House, Mere Lane, Teignmouth, TQ14.
Mere Lane, Teignmouth, TQ14 is located in the borough of Teignbridge within the TQ14 postal district.
Flat 6, Burlington House, Teignmouth has 51 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated June 2023.
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 6 Burlington House Teignmouth as £152,294 and the rental value as £816 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 6 Burlington House Teignmouth has decreased by £1,660 (1.1%) and its rental value has increased by £38 per month (4.7%).
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 6, Burlington House, Teignmouth is in very good condition we estimate a sale value of £159,909 and rental value of £857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,634 and a rental value of £759 per month.
If you were able to purchase this property for the estimated value of £152,294, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £748 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 6, Burlington House, Teignmouth was last sold on 07 Apr 2022 for £138,750 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Burlington House, Teignmouth within a radius of 590 metres over the last 2 years.
The most recent example is Flat 1, 1, Lower Brimley Road, Teignmouth, TQ14 8LH, a Leasehold flat which sold for £138,000 in Jul 2023.
Read more about house prices in TQ14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Lane, Teignmouth, TQ14 has a total of 23 addresses. According to our analysis of all the public data, Flat 6, Burlington House, Teignmouth is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in TQ14.
Flat 6, Burlington House, Teignmouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2023.
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 6, Burlington House, 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 6, Burlington House, Teignmouth, 32.7% of property is socially rented and 31.7% 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 6, Burlington House, Teignmouth, 7.6% of residents are recorded as possessing school level qualifications and 24.7% 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 6, Burlington House, 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 6, Burlington House, Teignmouth, 0.0% 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 6, Burlington House, Teignmouth, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.