Hermitage Road, Mutley, Plymouth, PL3

Street Guide For Hermitage Road, Mutley, Plymouth, PL3

 

Hermitage Road, Mutley, Plymouth, PL3 Map

Estimated Price: £299,284
Average Asking Price: £214,952
Price change in last one year: £22,656
Average Price Paid: £232,041
Average Rent Rates: £649

 

Property Prices Breakdown in Hermitage Road, Mutley, Plymouth, PL3

Average Price for property in Hermitage Road, Mutley, Plymouth, PL3 is around £299,284 which varies based on type of property you are interested in and ranges from £409,408 for detached house to around £363,103 for semi-detached. Similarly terraced house is around £302,824 and a flat is worth £219,506. Values have been changing and have risen £2,687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,984 in last 6 months, £22,656 in last 1 year, £28,192 in last 2 years, £35,951 in last 3 years, £31,493 in last 4 years and £33,180 in last 5 years.

Currently average asking price of a property in Hermitage Road, Mutley, Plymouth, PL3 is around £214,952 based on approximately 1 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £649 per month.

Estimated property value in Hermitage Road, Mutley, Plymouth, PL3 is £299,284. Average asking price is £214,952 while average price paid is £230,000 which is up by £22,656 and Avg. asking rent £649.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 Hermitage Road, Mutley, Plymouth, PL3 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Hermitage Road, Mutley, Plymouth, PL3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £218,062. 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 £232,041 for 6 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £235,173 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 £113,224, £139,941 for a 2 bedroom house, £204,571 for a 3 bedroom house, £292,234 for a 4 bedroom house and £333,905 for a 5 bedroom house. For a flat similarly the prices varies from £93,683 for a single bedroom to £110,237 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £173,317. To sum up the asking prices for properties in Hermitage Road, Mutley, Plymouth, PL3 it comes to around average £97,236 for 1 bedroom property, £124,443 for 2 bedroom, £203,468 for 3 bedroom, £292,234 for 4 bedroom and £333,905 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 £339 for 1 bedroom to £623 for 2 bedrooms, £795 for 3 bedrooms, £1,000 for 4 bedrooms and £1,502 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £502. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £607 and £767 for 3 bedroom. You should be generally be expecting around average £465 rent per month for single bedroom property, £614 for 2 bedroom, £789 for 3 bedroom, £1,000 for 4 bedroom and approximately £1,502 for a 5 bedroom property in Hermitage Road, Mutley, Plymouth, PL3 area.

Popular Houses in Hermitage Road, Mutley, Plymouth, PL3

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 Hermitage Road, Mutley, Plymouth, PL3