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.
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 £290,000 with a 25% deposit (£73k), a 2-year fixed mortgage at 3.97% costs around £1,144 per month.
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.
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.
The average property in TQ14 sold for £290,000 in 2026, with a median of £290,000 across 9 transactions. Prices fell 17.4% compared to the previous year.
| £225,000 |
| 7 Jan 2026 |
19, WESTBROOK AVENUE TQ14 9EL | Detached | £350,000 | 5 Jan 2026 |
14, ALANDALE ROAD TQ14 8NW | Detached | £440,000 | 5 Jan 2026 |
11, KINGSWAY TQ14 9AG | Semi-detached | £235,000 | 22 Dec 2025 |
1, HEYWOODS ROAD TQ14 8LN | Terraced | £350,000 | 19 Dec 2025 |
14, LAKE AVENUE TQ14 9LL | Detached | £220,000 | 19 Dec 2025 |
FLAT 43, MORGANS QUAY, STRAND TQ14 8XZ | Flat/Maisonette | £155,000 | 19 Dec 2025 |
12, COLEMAN AVENUE TQ14 9DU | Semi-detached | £190,000 | 19 Dec 2025 |
FLAT 5, 13, HERMOSA ROAD TQ14 9JZ | Flat/Maisonette | £151,000 | 18 Dec 2025 |
127, COOMBE VALE ROAD TQ14 9EN | Terraced | £235,000 | 18 Dec 2025 |
26, ST JOHNS CLOSE, BISHOPSTEIGNTON TQ14 9RT | Detached | £475,000 | 17 Dec 2025 |
38, MAUDLIN DRIVE TQ14 8RZ | Detached | £402,000 | 16 Dec 2025 |
APARTMENT 11, WILBRAHAM COURT, HIGHER WOODWAY ROAD TQ14 8WE | Flat/Maisonette | £360,000 | 16 Dec 2025 |
OYSTERCATCHER, 44, SHORESIDE, SHALDON TQ14 0BP | Detached | £520,000 | 15 Dec 2025 |
The most recent recorded sale in TQ14 was a semi-detached property on Pellew Way for £335,000 in January 2026. Across the last 20 sales, the median price was £290,000.