Flat 2, 4
Flat 2, 4
Description & Estimates
Flat 2, 4, Mill Lane, Teignmouth is recorded publicly as an early-century leasehold apartment across 644 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 4, Mill Lane, Teignmouth is £160,930 and its rental estimate is £894 per month, given the available information and assuming reasonable condition.
4, Mill Lane is a residential building on Mill Lane, Teignmouth, TQ14 and falls within the TQ14 postal district and the borough of Teignbridge.
Our Data Sources
Flat 2, 4, Mill Lane, Teignmouth has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated June 2010.
We combine this information with that 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 4, Mill Lane, Teignmouth, we estimate a market value of £168,976 and a rental value of £938 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £149,665 and £831 per month respectively.
Recent Market Change
Over the last year, Flat 2, 4, Mill Lane, Teignmouth has seen its estimated sale value decline by £1,878 (1.2%) and its estimated rental value climb by £35 per month (3.9%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 2, 4, Mill Lane, Teignmouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 4, Mill Lane, Teignmouth completed on 30th August 2023 at £172,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 37.0% over the period since August 2023.
- Sold Aug 2023£172,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 4, Mill Lane, Teignmouth have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th March 2022, was Flat 2, Grendon Court, Coombe Vale Road, Teignmouth, TQ14 9EW, a leasehold flat which sold for £170,000.
Read more about house prices in TQ14.
- Sold Mar 2022£170,000 | 2 Bed FlatGrendon Court, Coombe Vale RoadFlat 2, Grendon Court, Coombe Vale Road, Teignmouth, TQ14 9EW
- Sold Mar 2022£171,000 | 2 Bed FlatGrendon Court, Coombe Vale RoadFlat 7, Grendon Court, Coombe Vale Road, Teignmouth, TQ14 9EW
- Sold Sep 2021£155,000 | 2 Bed FlatGrendon Court, Coombe Vale RoadFlat 10, Grendon Court, Coombe Vale Road, Teignmouth, TQ14 9EW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 76 addresses on Mill Lane, Teignmouth, TQ14, Flat 2, 4, Mill Lane, Teignmouth comes out as the 72nd largest and the 74th most expensive in our analysis of the public data.
It is also £190k less expensive than the average property across the TQ14 district.
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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
More reading links
Public Transport Nearby
From Flat 2, 4, Mill Lane, Teignmouth, the nearest station is Teignmouth, 1.0 kilometres away.
- 1.0kmTeignmouth
- 4.8kmDawlish
- 6.7kmNewton Abbot
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
