Average Price for property in Mere Lane, Teignmouth, TQ14 is around £168,251 which varies based on type of property you are interested in and ranges from £198,261 for detached house to around £267,437 for terraced house. Similarly flat is around £135,496. Values have been changing and have risen £730 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £552 in last 6 months, £5,703 in last 1 year, £15,860 in last 2 years, £13,627 in last 3 years, £7,411 in last 4 years and £13,663 in last 5 years.
Currently average asking price of a property in Mere Lane, Teignmouth, TQ14 is around £318,502 based on approximately 0 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 Mere Lane, Teignmouth, TQ14 is £168,251. Average asking price is £318,502 while average price paid is £159,125 which is up by £13,627 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 Mere Lane, Teignmouth, TQ14 area. In last 3 years alone average price buyer paid is around £159,125 based on approximately 4 sales in Mere Lane, Teignmouth, TQ14 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £176,700. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £164,083 for 6 per sale.