Average Price for property in Teignmouth is around £261,277 which varies based on type of property you are interested in and ranges from £342,934 for detached house to around £243,157 for semi-detached. Similarly terraced house is around £205,898 and a flat is worth £164,214. Values have been changing and have risen £3,782 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,915 in last 6 months, £3,104 in last 1 year, £23,528 in last 2 years, £16,345 in last 3 years, £10,397 in last 4 years and £18,210 in last 5 years.
Currently average asking price of a property in Teignmouth is around £318,502 based on approximately 362 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 Teignmouth is £261,277. Average asking price is £318,502 while average price paid is £243,505 which is up by £3,104 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 Teignmouth area. In last 1 year alone average price buyer paid is around £243,505 based on approximately 362 sales in Teignmouth area alone. If you compare it to last 3 years sales of 1,182 properties where buyers paid around £236,499. 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 £235,826 for 1,924 and average amount paid for purchase of approx. 2,593 properties sold in last 7 years comes to about £232,017 per sale.