Property Data OutlookTQ14
14,776 recorded transactions · Part of Teignbridge
Compare with another area →Market outlook for TQ14
Key indicators for buyers
The TQ14 market is moderately favourable for buyers. Prices have softened (-17.4%), which could present a buying opportunity. Affordability has improved from a peak of 11.4x in 2021 to 8.7x today. Rising rents (£941/mo, +4.7%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Teignbridge area
A home in Teignbridge costs 8.7x the local median salary — stretched, improving from a peak of 11.4x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Teignbridge area
Average monthly rent in Teignbridge is £941, up 4.7% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Teignbridge price of £290,000 with a 25% deposit (£73k), a 2-year fixed mortgage at 3.97% costs around £1,144 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses TQ14 avg. price with Teignbridge rental data
Monthly mortgage payments (£1,144) are £203 more than renting (£941). However, buying requires an upfront deposit of £73k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
44, PELLEW WAY TQ14 9LU | Semi-detached | £335,000 | 23 Jan 2026 |
24, COLEMAN AVENUE TQ14 9DU | Terraced | £240,000 | 15 Jan 2026 |
23, DUNMORE COURT, DUNMORE DRIVE, SHALDON TQ14 0BS | Flat/Maisonette | £290,000 | 9 Jan 2026 |
FLAT 2, LEAFIELD, 61, DAWLISH ROAD TQ14 8TY | Flat/Maisonette | £200,000 | 8 Jan 2026 |
84, HEADWAY RISE TQ14 9UJ | Semi-detached | £210,000 | 7 Jan 2026 |
1, DRAKE AVENUE TQ14 9NA | Semi-detached | £320,000 | 7 Jan 2026 |
15, COOMBE VALE ROAD TQ14 9EG | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.