The Fairway, Newton Ferrers, Plymouth, PL8

Street Guide For The Fairway, Newton Ferrers, Plymouth, PL8

 

The Fairway, Newton Ferrers, Plymouth, PL8 Map

Estimated Price: £421,019
Average Asking Price: £412,430
Price change in last one year: £33,447
Average Price Paid: £365,250
Average Rent Rates: £1,183

 

Property Prices Breakdown in The Fairway, Newton Ferrers, Plymouth, PL8

Average Price for property in The Fairway, Newton Ferrers, Plymouth, PL8 is around £421,019 e.g. average price for detached house is around 421,019. Values have been changing and have risen £5,315 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,372 in last 6 months, £33,447 in last 1 year, £42,206 in last 2 years, £54,552 in last 3 years, £45,805 in last 4 years and £41,764 in last 5 years.

Currently average asking price of a property in The Fairway, Newton Ferrers, Plymouth, PL8 is around £412,430 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,183 per month.

Estimated property value in The Fairway, Newton Ferrers, Plymouth, PL8 is £421,019. Average asking price is £412,430 while average price paid is £335,000 which is up by £33,447 and Avg. asking rent £1,183.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 The Fairway, Newton Ferrers, Plymouth, PL8 area. In last 1 year alone average price buyer paid is around £335,000 based on approximately 1 sales in The Fairway, Newton Ferrers, Plymouth, PL8 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £365,250. 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 £365,250 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £363,500 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 £145,000, £203,192 for a 2 bedroom house, £207,109 for a 3 bedroom house, £413,570 for a 4 bedroom house and £394,996 for a 5 bedroom house. For a flat the prices of 2 bedroom is £299,950. To sum up the asking prices for properties in The Fairway, Newton Ferrers, Plymouth, PL8 it comes to around average £145,000 for 1 bedroom property, £227,381 for 2 bedroom, £207,109 for 3 bedroom, £413,570 for 4 bedroom and £394,996 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 is £1,183 for 3 bedroom. You should be generally be expecting around average £1,183 rent per month for 3 bedroom property in The Fairway, Newton Ferrers, Plymouth, PL8 area.

Popular Houses in The Fairway, Newton Ferrers, Plymouth, PL8

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 The Fairway, Newton Ferrers, Plymouth, PL8