Flat 2 Merchants Corner Teign Road

    FLAT 2 MERCHANTS CORNER, TEIGN ROAD, NEWTON ABBOT, TQ12 4EX

    This flat/maisonette leasehold property on Teign Road last sold in May 2022 for £131,500. Based on price growth in the TQ12 district since then, its estimated current value is £131,165 — placing it in the 9th percentile nationally and the 4th percentile within TQ12. The property covers 37 m² (398 sq ft), giving an estimated value of £3,545 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £131,500

    May 2022

    Estimated Valuation

    £131,165

    Est. £/sq ft

    £329/sq ft

    £3,545/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area398 sq ft (37 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2022

    £131,500

    5 Jan 2010

    New build

    £95,000

    Key Metrics

    Estimated valuation£131,165
    Value per sq ft / m²£329/sq ft (£3,545/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TQ12 district percentile4th percentile
    National percentile9th percentile

    District Context — TQ12

    TQ12 covers Dartmoor and the South Hams area of South Devon, sitting inland from the coast between Totnes and Dartmouth. It is a rural and semi-rural district with strong appeal to families and retirees seeking countryside living.

    Average Property Price - TQ12

    £308,294

    44

    National percentile

    Average Net Household Income - TQ12

    £38,059

    49

    National percentile

    10-Year Annualised Price Growth - TQ12

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - TQ

    3.3%

    16

    National percentile

    View full analysis for TQ12

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