Redhill Close, Plymouth, PL5

Street Guide For Redhill Close, Plymouth, PL5

 

Redhill Close, Plymouth, PL5 Map

Estimated Price: £120,792
Average Asking Price: £154,413
Price change in last one year: £8,563
Average Price Paid: £105,500
Average Rent Rates: £618

 

Property Prices Breakdown in Redhill Close, Plymouth, PL5

Average Price for property in Redhill Close, Plymouth, PL5 is around £120,792 which varies based on type of property you are interested in and ranges from £125,974 for terraced house to around £79,331 for a flat. Values have been changing and have risen £1,149 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,707 in last 6 months, £8,563 in last 1 year, £11,423 in last 2 years, £13,853 in last 3 years, £12,094 in last 4 years and £11,428 in last 5 years.

Currently average asking price of a property in Redhill Close, Plymouth, PL5 is around £154,413 based on approximately 2 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £618 per month.

Estimated property value in Redhill Close, Plymouth, PL5 is £120,792. Average asking price is £154,413 while average price paid is £123,250 which is up by £8,563 and Avg. asking rent £618.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 Redhill Close, Plymouth, PL5 area. In last 1 year alone average price buyer paid is around £123,250 based on approximately 2 sales in Redhill Close, Plymouth, PL5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £123,250. 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 £105,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £105,500 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 £103,283, £127,197 for a 2 bedroom house, £155,838 for a 3 bedroom house, £294,167 for a 4 bedroom house and £368,725 for a 5 bedroom house. For a flat similarly the prices varies from £75,831 for a single bedroom to £77,493 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £91,925. To sum up the asking prices for properties in Redhill Close, Plymouth, PL5 it comes to around average £80,166 for 1 bedroom property, £115,599 for 2 bedroom, £153,059 for 3 bedroom, £294,167 for 4 bedroom and £368,725 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 £524 for 1 bedroom to £594 for 2 bedroom, £682 for 3 bedroom and £1,045 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £472. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £563 and £582 for 3 bedroom. You should be generally be expecting around average £490 rent per month for single bedroom property, £585 for 2 bedroom, £652 for 3 bedroom and approximately £1,045 for 4 bedroom property in Redhill Close, Plymouth, PL5 area.

Popular Houses in Redhill Close, Plymouth, PL5

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 Redhill Close, Plymouth, PL5