Laurel Road, Plymouth, PL2

Street Guide For Laurel Road, Plymouth, PL2

 

Laurel Road, Plymouth, PL2 Map

Estimated Price: £112,575
Average Asking Price: £153,518
Price change in last one year: £9,396
Average Price Paid: £110,766
Average Rent Rates: £640

 

Property Prices Breakdown in Laurel Road, Plymouth, PL2

Average Price for property in Laurel Road, Plymouth, PL2 is around £112,575 which varies based on type of property you are interested in and ranges from £97,327 for semi-detached to around £136,973 for a flat. Values have been changing and have risen £1,161 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,435 in last 6 months, £9,396 in last 1 year, £11,165 in last 2 years, £14,624 in last 3 years, £12,992 in last 4 years and £11,803 in last 5 years.

Currently average asking price of a property in Laurel Road, Plymouth, PL2 is around £153,518 based on approximately 1 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £640 per month.

Estimated property value in Laurel Road, Plymouth, PL2 is £112,575. Average asking price is £153,518 while average price paid is £70,000 which is up by £9,396 and Avg. asking rent £640.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 Laurel Road, Plymouth, PL2 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in Laurel Road, Plymouth, PL2 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £112,200. 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 £110,766 for 12 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £110,766 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 2 bedroom is around £140,687, £171,846 for a 3 bedroom house, £201,674 for a 4 bedroom house and £235,919 for a 5 bedroom house. For a flat similarly the prices varies from £76,402 for a single bedroom to £118,102 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £129,500. To sum up the asking prices for properties in Laurel Road, Plymouth, PL2 it comes to around average £76,402 for 1 bedroom property, £133,043 for 2 bedroom, £171,090 for 3 bedroom, £201,674 for 4 bedroom and £235,919 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 £427 for 1 bedroom to £606 for 2 bedroom, £721 for 3 bedroom and £1,418 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £459. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £603 and £823 for 3 bedroom. You should be generally be expecting around average £444 rent per month for single bedroom property, £605 for 2 bedroom, £728 for 3 bedroom and approximately £1,418 for 4 bedroom property in Laurel Road, Plymouth, PL2 area.

Popular Houses in Laurel Road, Plymouth, PL2

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 Laurel Road, Plymouth, PL2