2A, Mill Lane
2A, Mill Lane
Description & Estimates
The public record describes 2A, Mill Lane, Teignmouth as a modern apartment with 1,162 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
2A, Mill Lane, Teignmouth has an estimated sale value of £215,715 and an estimated rental value of £1,097 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Mill Lane, Teignmouth, TQ14.
Mill Lane, Teignmouth, TQ14 lies in the borough of Teignbridge, within the TQ14 postal district.
Our Data Sources
2A, Mill Lane, Teignmouth has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2A, Mill Lane, Teignmouth would be worth £226,500, with a potential rental value of £1,152 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £200,615, with a rental value of £1,021 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2A, Mill Lane, Teignmouth has declined by £1,445 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £45 (4.1%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
2A, Mill Lane, Teignmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 2A, Mill Lane, Teignmouth across the last 2 years.
Most recently, Flat 2, Gwinear Lodge, Landscore Road, Teignmouth, TQ14 9JJ, a leasehold flat, sold at £320,000 on the 3rd June 2024.
Read more about house prices in TQ14.
- Sold Jun 2024£320,000 | 3 Bed FlatGwinear Lodge, Landscore RoadFlat 2, Gwinear Lodge, Landscore Road, Teignmouth, TQ14 9JJ
- Sold Mar 2016£189,950 | 3 Bed FlatWestbrook House, Westbrook AvenueFlat 3, Westbrook House, Westbrook Avenue, Teignmouth, TQ14 9EL
- Sold Jan 2016£170,000 | 3 Bed FlatWhite House 12, Reed ValeFlat 2, White House 12, Reed Vale, Teignmouth, TQ14 9EH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2A, Mill Lane, Teignmouth as the 15th largest and the 70th most expensive of the 76 addresses on Mill Lane, Teignmouth, TQ14.
Against the TQ14 postcode district average, it is £135k less expensive than the typical property.
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Schools Nearby
- 400mOur Lady and St Patrick's Roman Catholic Primary School
- 700mTeignmouth Primary School
- 800mShaldon Primary School
- 800mTeignmouth Community School, Exeter Road
- 5.2kmDawlish College
- 6.6kmTeign School
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Public Transport Nearby
Teignmouth station is the nearest stop to 2A, Mill Lane, Teignmouth at 1.0 kilometres away.
- 1.0kmTeignmouth
- 4.8kmDawlish
- 6.7kmNewton Abbot
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
