Key indicators for buyers
The TQ12 market is moderately favourable for buyers. Prices have softened (-18.0%), 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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Teignbridge price of £252,810 with a 25% deposit (£63k), a 2-year fixed mortgage at 3.97% costs around £998 per month.
Monthly cost comparison based on current data
Uses TQ12 avg. price with Teignbridge rental data
Monthly mortgage payments (£998) are £57 more than renting (£941). However, buying requires an upfront deposit of £63k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
14, MARGARET ROAD, OGWELL TQ12 6AE | Semi-detached | £322,500 | 26 Jan 2026 |
FLAT 71B, 71, QUEEN STREET TQ12 2AU | Flat/Maisonette | £100,000 | 23 Jan 2026 |
46, PARK ROAD, KINGSKERSWELL TQ12 5BG | Detached | £377,500 | 19 Jan 2026 |
52, HILTON ROAD TQ12 1BJ | Terraced | £195,000 | 16 Jan 2026 |
41, STOVER COURT, EAST STREET TQ12 1GH | Flat/Maisonette | £260,000 | 16 Jan 2026 |
6, APPLEGARTH CLOSE TQ12 1RR | Semi-detached | £315,000 | 15 Jan 2026 |
51, PARK ROAD, KINGSKERSWELL TQ12 5BE |
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.
The average property in TQ12 sold for £252,810 in 2026, with a median of £255,000 across 21 transactions. Prices fell 18.0% compared to the previous year.
| Detached |
| £212,500 |
| 15 Jan 2026 |
7, BANK STREET TQ12 2JL | Other | £190,000 | 14 Jan 2026 |
66, DRAKE ROAD TQ12 4HW | Terraced | £205,000 | 12 Jan 2026 |
FLAT 12, D'ARCY COURT, MARSH ROAD TQ12 2AP | Flat/Maisonette | £175,000 | 12 Jan 2026 |
40, WOODLEIGH ROAD TQ12 1PW | Terraced | £255,000 | 12 Jan 2026 |
22, BROW HILL, HEATHFIELD TQ12 6SW | Semi-detached | £405,000 | 9 Jan 2026 |
1, HUXNOR ROAD, KINGSKERSWELL TQ12 5DX | Detached | £280,000 | 9 Jan 2026 |
ORCHARD HOUSE, 3A, MEADOW VIEW, OGWELL TQ12 6FG | Other | £15,000 | 9 Jan 2026 |
ACORNS, OLD NEWTON ROAD, HEATHFIELD TQ12 6RT | Detached | £449,000 | 8 Jan 2026 |
32, FORBES CLOSE, HEATHFIELD TQ12 6SD | Detached | £290,000 | 8 Jan 2026 |
5, MOORLANDS CLOSE TQ12 4ET | Terraced | £185,000 | 6 Jan 2026 |
33, BUCKLAND ROAD TQ12 4DQ | Terraced | £245,000 | 6 Jan 2026 |
9, ELM ROAD TQ12 2AT | Terraced | £142,500 | 6 Jan 2026 |
42, THE CHURCHILLS TQ12 1QN | Other | £345,000 | 5 Jan 2026 |
The most recent recorded sale in TQ12 was a semi-detached property on Margaret Road for £322,500 in January 2026. Across the last 20 sales, the median price was £255,000.