New Park Road, Plympton, Plymouth, PL7

Street Guide For New Park Road, Plympton, Plymouth, PL7

 

New Park Road, Plympton, Plymouth, PL7 Map

Estimated Price: £328,398
Average Asking Price: £251,367
Price change in last one year: £24,479
Average Price Paid: £254,916
Average Rent Rates: £953

 

Property Prices Breakdown in New Park Road, Plympton, Plymouth, PL7

Average Price for property in New Park Road, Plympton, Plymouth, PL7 is around £328,398 e.g. average price for detached house is around 328,398. Values have been changing and have risen £3,101 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,909 in last 6 months, £24,479 in last 1 year, £31,267 in last 2 years, £40,185 in last 3 years, £34,737 in last 4 years and £33,147 in last 5 years.

Currently average asking price of a property in New Park Road, Plympton, Plymouth, PL7 is around £251,367 based on approximately 0 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £953 per month.

Estimated property value in New Park Road, Plympton, Plymouth, PL7 is £328,398. Average asking price is £251,367 while average price paid is £261,250 which is up by £40,185 and Avg. asking rent £953.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 New Park Road, Plympton, Plymouth, PL7 area. In last 3 years alone average price buyer paid is around £261,250 based on approximately 2 sales in New Park Road, Plympton, Plymouth, PL7 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £254,916. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £255,950 for 5 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 £112,500, £163,771 for a 2 bedroom house, £202,776 for a 3 bedroom house, £317,157 for a 4 bedroom house and £432,211 for a 5 bedroom house. For a flat similarly the prices varies from £101,988 for a single bedroom to £146,212 for a 2 bedroom Flat. To sum up the asking prices for properties in New Park Road, Plympton, Plymouth, PL7 it comes to around average £104,090 for 1 bedroom property, £160,717 for 2 bedroom, £202,776 for 3 bedroom, £317,157 for 4 bedroom and £432,211 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 £451 for 1 bedroom to £694 for 2 bedroom, £831 for 3 bedroom and £1,013 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £660 and £650 for 3 bedroom. You should be generally be expecting around average £474 rent per month for single bedroom property, £678 for 2 bedroom, £814 for 3 bedroom and approximately £1,012 for 4 bedroom property in New Park Road, Plympton, Plymouth, PL7 area.

Popular Houses in New Park Road, Plympton, Plymouth, PL7

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 New Park Road, Plympton, Plymouth, PL7