Gibb Hill, Lutton, Ivybridge, PL21

Street Guide For Gibb Hill, Lutton, Ivybridge, PL21

 

Gibb Hill, Lutton, Ivybridge, PL21 Map

Estimated Price: £252,519
Average Asking Price: £314,372
Price change in last one year: £17,263
Average Price Paid: £145,000
Average Rent Rates: £932

 

Property Prices Breakdown in Gibb Hill, Lutton, Ivybridge, PL21

Average Price for property in Gibb Hill, Lutton, Ivybridge, PL21 is around £252,519 which varies based on type of property you are interested in and ranges from £270,307 for detached house to around £288,100 for semi-detached. Similarly terraced house is around £216,940. Values have been changing and have risen £2,251 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,754 in last 6 months, £17,263 in last 1 year, £24,787 in last 2 years, £32,580 in last 3 years, £27,759 in last 4 years and £25,606 in last 5 years.

Currently average asking price of a property in Gibb Hill, Lutton, Ivybridge, PL21 is around £314,372 based on approximately 0 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £932 per month.

Estimated property value in Gibb Hill, Lutton, Ivybridge, PL21 is £252,519. Average asking price is £314,372 while average price paid is £145,000 which is up by £32,580 and Avg. asking rent £932.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 Gibb Hill, Lutton, Ivybridge, PL21 area. In last 3 years alone average price buyer paid is around £145,000 based on approximately 1 sales in Gibb Hill, Lutton, Ivybridge, PL21 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £145,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £145,000 for 1 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 £174,975, £180,805 for a 2 bedroom house, £262,400 for a 3 bedroom house, £429,053 for a 4 bedroom house and £584,279 for a 5 bedroom house. For a flat similarly the prices varies from £146,000 for a single bedroom to £219,488 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £249,950. To sum up the asking prices for properties in Gibb Hill, Lutton, Ivybridge, PL21 it comes to around average £154,279 for 1 bedroom property, £187,252 for 2 bedroom, £262,400 for 3 bedroom, £424,339 for 4 bedroom and £584,279 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 £537 for 1 bedroom to £692 for 2 bedrooms, £849 for 3 bedrooms, £1,497 for 4 bedrooms and £451 for 5 bedrooms house. You should be generally be expecting around average £538 rent per month for single bedroom property, £692 for 2 bedroom, £849 for 3 bedroom, £1,497 for 4 bedroom and approximately £451 for a 5 bedroom property in Gibb Hill, Lutton, Ivybridge, PL21 area.

Popular Houses in Gibb Hill, Lutton, Ivybridge, PL21

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 Gibb Hill, Lutton, Ivybridge, PL21