Lipson Road, Lipson, Plymouth, PL4

Street Guide For Lipson Road, Lipson, Plymouth, PL4

 

Lipson Road, Lipson, Plymouth, PL4 Map

Estimated Price: £211,935
Average Asking Price: £166,872
Price change in last one year: £17,011
Average Price Paid: £163,697
Average Rent Rates: £722

 

Property Prices Breakdown in Lipson Road, Lipson, Plymouth, PL4

Average Price for property in Lipson Road, Lipson, Plymouth, PL4 is around £211,935 which varies based on type of property you are interested in and ranges from £400,357 for detached house to around £275,469 for semi-detached. Similarly terraced house is around £232,436 and a flat is worth £105,209. Values have been changing and have risen £1,754 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,736 in last 6 months, £17,011 in last 1 year, £22,349 in last 2 years, £25,118 in last 3 years, £21,632 in last 4 years and £18,988 in last 5 years.

Currently average asking price of a property in Lipson Road, Lipson, Plymouth, PL4 is around £166,872 based on approximately 3 properties for sale. Same is the case with rental options based on 262 properties up for rent, average asking rent is around £722 per month.

Estimated property value in Lipson Road, Lipson, Plymouth, PL4 is £211,935. Average asking price is £166,872 while average price paid is £189,333 which is up by £17,011 and Avg. asking rent £722.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 Lipson Road, Lipson, Plymouth, PL4 area. In last 1 year alone average price buyer paid is around £189,333 based on approximately 3 sales in Lipson Road, Lipson, Plymouth, PL4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £172,611. 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 £163,697 for 21 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £162,901 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 £122,500, £142,726 for a 2 bedroom house, £164,572 for a 3 bedroom house, £189,992 for a 4 bedroom house and £225,303 for a 5 bedroom house. For a flat similarly the prices varies from £86,560 for a single bedroom to £132,460 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £231,493 and £447,500 for a 4 bedroom flat. To sum up the asking prices for properties in Lipson Road, Lipson, Plymouth, PL4 it comes to around average £87,942 for 1 bedroom property, £134,660 for 2 bedroom, £176,900 for 3 bedroom, £204,707 for 4 bedroom and £225,303 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 £384 for 1 bedroom to £587 for 2 bedrooms, £730 for 3 bedrooms, £783 for 4 bedrooms and £737 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £487. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £648, £1,000 for 3 bedroom and £805 for 4 bedroom. You should be generally be expecting around average £442 rent per month for single bedroom property, £637 for 2 bedroom, £782 for 3 bedroom, £785 for 4 bedroom and approximately £737 for a 5 bedroom property in Lipson Road, Lipson, Plymouth, PL4 area.

Popular Houses in Lipson Road, Lipson, Plymouth, PL4

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 Lipson Road, Lipson, Plymouth, PL4