Plymouth

Area Guide For Plymouth

Plymouth, a city and unitary authority area on the south coast of Devon, Britain’s Ocean City, is one of Europe’s most vibrant waterfront cities. Located by a stunning waterfront and harbour. Dazzling views, rich history and plenty of activities for all tourists and residents. The Barbican and Sutton Harbour is one of Plymouth’s most popular places to visit, with quaint cobbled streets, a picturesque harbour and a wealth of independent shops, galleries, bars, cafes and restaurants along the water’s edge creating a metropolitan feel. It’s also home to the Elizabethan House as well as the Mayflower Steps where the Pilgrim Fathers set sail on their voyage to the New World in 1620.

 
 

Plymouth Map

Estimated Price: £188,531
Average Asking Price: £218,655
Price change in last one year: £13,242
Average Price Paid: £167,494
Average Rent Rates: £751

 
 

Property Prices Breakdown in Plymouth

Average Price for property in Plymouth is around £188,531 which varies based on type of property you are interested in and ranges from £328,666 for detached house to around £190,646 for semi-detached. Similarly terraced house is around £161,241 and a flat is worth £131,753. Values have been changing and have risen £568 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,268 in last 6 months, £13,242 in last 1 year, £17,008 in last 2 years, £21,886 in last 3 years, £20,532 in last 4 years and £16,062 in last 5 years.

Currently average asking price of a property in Plymouth is around £218,655 based on approximately 3,609 properties for sale. Same is the case with rental options based on 708 properties up for rent, average asking rent is around £751 per month.

Estimated property value in Plymouth is £188,531. Average asking price is £218,655 while average price paid is £177,446 which is up by £13,242 and Avg. asking rent £751.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 Plymouth area. In last 1 year alone average price buyer paid is around £177,446 based on approximately 3,609 sales in Plymouth area alone. If you compare it to last 3 years sales of 10,559 properties where buyers paid around £169,435. 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 £167,494 for 17,023 and average amount paid for purchase of approx. 23,343 properties sold in last 7 years comes to about £165,745 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 £113,216, £150,129 for a 2 bedroom house, £192,470 for a 3 bedroom house, £307,422 for a 4 bedroom house and £350,090 for a 5 bedroom house. For a flat similarly the prices varies from £94,036 for a single bedroom to £145,898 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £263,602 and £363,332 for a 4 bedroom flat. To sum up the asking prices for properties in Plymouth it comes to around average £95,772 for 1 bedroom property, £147,798 for 2 bedroom, £197,752 for 3 bedroom, £307,894 for 4 bedroom and £350,090 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 £437 for 1 bedroom to £629 for 2 bedrooms, £776 for 3 bedrooms, £883 for 4 bedrooms and £819 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £667, £802 for 3 bedroom, £1,054 for 4 bedroom and around £2,817 for 5 bedroom flat. You should be generally be expecting around average £494 rent per month for single bedroom property, £652 for 2 bedroom, £781 for 3 bedroom, £896 for 4 bedroom and approximately £879 for a 5 bedroom property in Plymouth area.

Popular Houses in Plymouth

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.

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