Ridgeway, Plympton, Plymouth, PL7

Street Guide For Ridgeway, Plympton, Plymouth, PL7

 

Ridgeway, Plympton, Plymouth, PL7 Map

Estimated Price: £234,334
Average Asking Price: £251,367
Price change in last one year: £17,469
Average Price Paid: £142,045
Average Rent Rates: £953

 

Property Prices Breakdown in Ridgeway, Plympton, Plymouth, PL7

Average Price for property in Ridgeway, Plympton, Plymouth, PL7 is around £234,334 which varies based on type of property you are interested in and ranges from £559,003 for detached house to around £299,691 for semi-detached. Similarly terraced house is around £252,495 and a flat is worth £156,825. Values have been changing and have risen £2,212 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,930 in last 6 months, £17,469 in last 1 year, £22,315 in last 2 years, £28,679 in last 3 years, £24,794 in last 4 years and £23,662 in last 5 years.

Currently average asking price of a property in Ridgeway, Plympton, Plymouth, PL7 is around £251,367 based on approximately 4 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 Ridgeway, Plympton, Plymouth, PL7 is £234,334. Average asking price is £251,367 while average price paid is £125,237 which is up by £17,469 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 Ridgeway, Plympton, Plymouth, PL7 area. In last 1 year alone average price buyer paid is around £125,237 based on approximately 4 sales in Ridgeway, Plympton, Plymouth, PL7 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £128,460. 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 £142,045 for 24 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £136,067 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 Ridgeway, 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 Ridgeway, Plympton, Plymouth, PL7 area.

Popular Houses in Ridgeway, 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 Ridgeway, Plympton, Plymouth, PL7