Modbury, Ivybridge, PL21

Street Guide For Modbury, Ivybridge, PL21

 

Modbury, Ivybridge, PL21 Map

Estimated Price: £499,507
Average Asking Price: £314,372
Price change in last one year: £35,922
Average Price Paid: £518,537
Average Rent Rates: £932

 

Property Prices Breakdown in Modbury, Ivybridge, PL21

Average Price for property in Modbury, Ivybridge, PL21 is around £499,507 which varies based on type of property you are interested in and ranges from £621,385 for detached house to around £531,337 for semi-detached. Similarly terraced house is around £259,079 and a flat is worth £229,821. Values have been changing and have risen £4,684 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,972 in last 6 months, £35,922 in last 1 year, £51,573 in last 2 years, £67,786 in last 3 years, £57,746 in last 4 years and £53,259 in last 5 years.

Currently average asking price of a property in Modbury, Ivybridge, PL21 is around £314,372 based on approximately 2 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £932 per month.

Estimated property value in Modbury, Ivybridge, PL21 is £499,507. Average asking price is £314,372 while average price paid is £665,000 which is up by £35,922 and Avg. asking rent £932.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 Modbury, Ivybridge, PL21 area. In last 1 year alone average price buyer paid is around £665,000 based on approximately 2 sales in Modbury, Ivybridge, PL21 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £528,571. 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 £518,537 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £559,528 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 £174,975, £180,805 for a 2 bedroom house, £262,400 for a 3 bedroom house, £429,053 for a 4 bedroom house and £584,279 for a 5 bedroom house. For a flat similarly the prices varies from £146,000 for a single bedroom to £219,488 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £249,950. To sum up the asking prices for properties in Modbury, Ivybridge, PL21 it comes to around average £154,279 for 1 bedroom property, £187,252 for 2 bedroom, £262,400 for 3 bedroom, £424,339 for 4 bedroom and £584,279 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 £537 for 1 bedroom to £692 for 2 bedrooms, £849 for 3 bedrooms, £1,497 for 4 bedrooms and £451 for 5 bedrooms house. You should be generally be expecting around average £538 rent per month for single bedroom property, £692 for 2 bedroom, £849 for 3 bedroom, £1,497 for 4 bedroom and approximately £451 for a 5 bedroom property in Modbury, Ivybridge, PL21 area.

Popular Houses in Modbury, Ivybridge, PL21

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 Modbury, Ivybridge, PL21