First Drive, Teignmouth, TQ14

Street Guide For First Drive, Teignmouth, TQ14

 

First Drive, Teignmouth, TQ14 Map

Estimated Price: £307,214
Average Asking Price: £318,502
Price change in last one year: £10,410
Average Price Paid: £266,595
Average Rent Rates: £625

 

Property Prices Breakdown in First Drive, Teignmouth, TQ14

Average Price for property in First Drive, Teignmouth, TQ14 is around £307,214 which varies based on type of property you are interested in and ranges from £492,037 for detached house to around £305,725 for semi-detached. Similarly flat is around £303,080. Values have been changing and have risen £1,334 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,010 in last 6 months, £10,410 in last 1 year, £28,953 in last 2 years, £24,874 in last 3 years, £13,516 in last 4 years and £24,927 in last 5 years.

Currently average asking price of a property in First Drive, Teignmouth, TQ14 is around £318,502 based on approximately 3 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £625 per month.

Estimated property value in First Drive, Teignmouth, TQ14 is £307,214. Average asking price is £318,502 while average price paid is £323,666 which is up by £10,410 and Avg. asking rent £625.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in First Drive, Teignmouth, TQ14 area. In last 1 year alone average price buyer paid is around £323,666 based on approximately 3 sales in First Drive, Teignmouth, TQ14 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £268,655. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £266,595 for 20 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £250,171 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £94,975, £179,297 for a 2 bedroom house, £324,248 for a 3 bedroom house, £424,069 for a 4 bedroom house and £593,515 for a 5 bedroom house. For a flat similarly the prices varies from £100,081 for a single bedroom to £188,258 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £219,979. To sum up the asking prices for properties in First Drive, Teignmouth, TQ14 it comes to around average £99,152 for 1 bedroom property, £183,829 for 2 bedroom, £313,189 for 3 bedroom, £424,069 for 4 bedroom and £593,515 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £642 for 2 bedroom to £866 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £602 and £650 for 3 bedroom. You should be generally be expecting around average £475 rent per month for single bedroom property, £617 for 2 bedroom and approximately £850 for 3 bedroom property in First Drive, Teignmouth, TQ14 area.

Popular Houses in First Drive, Teignmouth, TQ14

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around First Drive, Teignmouth, TQ14