Colebrook Lane, Plympton, Plymouth, PL7

Street Guide For Colebrook Lane, Plympton, Plymouth, PL7

 

Colebrook Lane, Plympton, Plymouth, PL7 Map

Estimated Price: £233,496
Average Asking Price: £251,367
Price change in last one year: £17,406
Average Price Paid: £175,500
Average Rent Rates: £953

 

Property Prices Breakdown in Colebrook Lane, Plympton, Plymouth, PL7

Average Price for property in Colebrook Lane, Plympton, Plymouth, PL7 is around £233,496 which varies based on type of property you are interested in and ranges from £316,494 for detached house to around £224,561 for semi-detached. Similarly terraced house is around £230,915. Values have been changing and have risen £2,204 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,912 in last 6 months, £17,406 in last 1 year, £22,234 in last 2 years, £28,576 in last 3 years, £24,705 in last 4 years and £23,575 in last 5 years.

Currently average asking price of a property in Colebrook Lane, Plympton, Plymouth, PL7 is around £251,367 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £953 per month.

Estimated property value in Colebrook Lane, Plympton, Plymouth, PL7 is £233,496. Average asking price is £251,367 while average price paid is £170,000 which is up by £17,406 and Avg. asking rent £953.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 Colebrook Lane, Plympton, Plymouth, PL7 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Colebrook Lane, Plympton, Plymouth, PL7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £175,500. 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 £175,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £169,000 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £112,500, £163,771 for a 2 bedroom house, £202,776 for a 3 bedroom house, £317,157 for a 4 bedroom house and £432,211 for a 5 bedroom house. For a flat similarly the prices varies from £101,988 for a single bedroom to £146,212 for a 2 bedroom Flat. To sum up the asking prices for properties in Colebrook Lane, Plympton, Plymouth, PL7 it comes to around average £104,090 for 1 bedroom property, £160,717 for 2 bedroom, £202,776 for 3 bedroom, £317,157 for 4 bedroom and £432,211 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £451 for 1 bedroom to £694 for 2 bedroom, £831 for 3 bedroom and £1,013 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £660 and £650 for 3 bedroom. You should be generally be expecting around average £474 rent per month for single bedroom property, £678 for 2 bedroom, £814 for 3 bedroom and approximately £1,012 for 4 bedroom property in Colebrook Lane, Plympton, Plymouth, PL7 area.

Popular Houses in Colebrook Lane, Plympton, Plymouth, PL7

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Colebrook Lane, Plympton, Plymouth, PL7