Hemerdon, Plymouth, PL7

Street Guide For Hemerdon, Plymouth, PL7

 

Hemerdon, Plymouth, PL7 Map

Estimated Price: £303,938
Average Asking Price: £251,367
Price change in last one year: £22,705
Average Price Paid: £206,166
Average Rent Rates: £951

 

Property Prices Breakdown in Hemerdon, Plymouth, PL7

Average Price for property in Hemerdon, Plymouth, PL7 is around £303,938 which varies based on type of property you are interested in and ranges from £397,713 for detached house to around £245,277 for semi-detached. Similarly terraced house is around £268,822. Values have been changing and have risen £2,875 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,408 in last 6 months, £22,705 in last 1 year, £28,999 in last 2 years, £37,269 in last 3 years, £32,218 in last 4 years and £30,744 in last 5 years.

Currently average asking price of a property in Hemerdon, Plymouth, PL7 is around £251,367 based on approximately 0 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £951 per month.

Estimated property value in Hemerdon, Plymouth, PL7 is £303,938. Average asking price is £251,367 while average price paid is £206,166 which is up by £37,269 and Avg. asking rent £951.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 Hemerdon, Plymouth, PL7 area. In last 3 years alone average price buyer paid is around £206,166 based on approximately 3 sales in Hemerdon, Plymouth, PL7 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £206,166. 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 £229,625 for 4 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, £163,706 for a 2 bedroom house, £202,230 for a 3 bedroom house, £318,431 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 Hemerdon, Plymouth, PL7 it comes to around average £104,090 for 1 bedroom property, £160,525 for 2 bedroom, £202,230 for 3 bedroom, £318,431 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, £832 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, £817 for 3 bedroom and approximately £1,012 for 4 bedroom property in Hemerdon, Plymouth, PL7 area.

Popular Houses in Hemerdon, 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 Hemerdon, Plymouth, PL7