Houses in Teignmouth cost about £275,000, which for a town with a beach at one end and an estuary at the other looks like a pricing error nobody has got round to correcting. Flats change hands around £156,000. Detached houses sit up around £415,000. Council tax mostly lands in the cheapest bands. The headline figure is the least interesting number on this page. The gap underneath it is the one that matters.
The Land Registry recorded 202 sales in the year to May 2026, at a median of £275,000. Broken out by type, the median flat sold for £156,000, the median terrace for £250,000, the median semi for about £314,000, and the median detached house for £415,000. That is a town where a one-bed conversion near the front and a four-bed house up the hill are both routine purchases, and the overall median is a handshake between two markets that rarely meet each other.
The published house price index for the area puts the average property at about £302,000 as of May 2026, down roughly 1% over the preceding twelve months. Flats specifically were down about 5% over the same period. Neither of those is a collapse and neither is a signal about next year. A 1% move is the sort of change that disappears the moment a couple of large detached sales land in the same month.
Council tax is where the running cost stays friendly. Band B is the most common band, 40% of dwellings sit in bands A or B, and the band D bill, the one most people can hold against their own, runs to about £2,640 a year. If you are moving down from a city, the annual bill is the part of the arithmetic that quietly improves.
Renting is measured across the district rather than street by street. Typical private rent across the Teignbridge area is about £950 a month as of April 2026, taken as a mean from the Office for National Statistics price index rather than a median of what is advertised at any given moment. By size, that breaks down to about £645 for a one-bed, £856 for a two-bed, roughly £1,070 for a three-bed, and about £1,540 for four bedrooms or more. The gap between the two-bed and the three-bed is where most family budgets get their bad news.
Set against local earnings, the sums are less punishing than the coastline suggests. Modelled household income for the financial year to March 2023 came to about £48,000 gross, before tax, for the area. A median sale at £275,000 against that kind of income is a stretch rather than a fantasy, and the flat and terrace end of the market is within genuine reach for a single earner with a deposit, which is not a sentence that survives many south coast postcodes.
Measured by floor area, the sales that could be matched to an energy certificate, about 64% of them, came out at a median of roughly £3,240 per square metre, on a typical floor area of 92 square metres. Ninety-two square metres is a standard three-bedroom house with the usual negotiation about which bedroom becomes the office.
That matches what the town actually holds. On the 2021 census, 34% of households have three bedrooms, 30% have two, 22% have four or more, and 13% have one. Three-bed is the default unit here, which is why it is the size that moves fastest and the size that gets the least discount.
For what it delivers, the cost of housing is one of Teignmouth's real strengths, and the cheapest thing about it is not the seafront view but the bit at the bottom of the flats market that nobody puts in the brochure.