Lockington Avenue, Plymouth, PL3

Street Guide For Lockington Avenue, Plymouth, PL3

 

Lockington Avenue, Plymouth, PL3 Map

Estimated Price: £288,940
Average Asking Price: £214,952
Price change in last one year: £21,873
Average Price Paid: £269,658
Average Rent Rates: £649

 

Property Prices Breakdown in Lockington Avenue, Plymouth, PL3

Average Price for property in Lockington Avenue, Plymouth, PL3 is around £288,940 which varies based on type of property you are interested in and ranges from £417,481 for detached house to around £349,561 for semi-detached. Similarly terraced house is around £267,291 and a flat is worth £123,725. Values have been changing and have risen £2,595 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,778 in last 6 months, £21,873 in last 1 year, £27,218 in last 2 years, £34,709 in last 3 years, £30,405 in last 4 years and £32,032 in last 5 years.

Currently average asking price of a property in Lockington Avenue, Plymouth, PL3 is around £214,952 based on approximately 5 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 Lockington Avenue, Plymouth, PL3 is £288,940. Average asking price is £214,952 while average price paid is £246,325 which is up by £21,873 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 Lockington Avenue, Plymouth, PL3 area. In last 1 year alone average price buyer paid is around £246,325 based on approximately 5 sales in Lockington Avenue, Plymouth, PL3 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £241,887. 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 £269,658 for 15 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £264,992 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, £143,204 for a 2 bedroom house, £204,164 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 Lockington Avenue, Plymouth, PL3 it comes to around average £97,236 for 1 bedroom property, £126,370 for 2 bedroom, £203,075 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 Lockington Avenue, Plymouth, PL3 area.

Popular Houses in Lockington Avenue, 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 Lockington Avenue, Plymouth, PL3