According to the public record, 4, Gorse Way, Ivybridge is a modern freehold house and with 1,291 ft2 of internal area and sits on a 338 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gorse Way, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
4, Gorse Way, Ivybridge has 41 entries in the Land Registry database, most recently in July 2021 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Gorse Way Ivybridge as £420,243 and the rental value as £1,185 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 4 Gorse Way Ivybridge has increased by £6,414 (1.5%) and its rental value has increased by £16 per month (1.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Gorse Way, Ivybridge is in very good condition we estimate a sale value of £441,255 and rental value of £1,244 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,826 and a rental value of £1,102 per month.
If you were able to purchase this property for the estimated value of £420,243, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,065 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 4, Gorse Way, Ivybridge sits on a plot of 338m2.
We have plot size data on 8 out of 20 other houses in the postcode and 4, Gorse Way, Ivybridge sits on the 4th largest plot.
According to HM Land Registry, 4, Gorse Way, Ivybridge was last sold on 30 Jul 2021 for £412,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2021, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Gorse Way, Ivybridge within a radius of 145m over the last 2 years.
The most recent example is 17, Gorse Way, Ivybridge, PL21 0YQ, a Freehold house which sold for £415,000 in Nov 2023.
Read more about house prices in PL21.
Gorse Way, Ivybridge, PL21 has a total of 51 addresses. According to our analysis of all the public data, 4, Gorse Way, Ivybridge is the 24th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in PL21.
4, Gorse Way, Ivybridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 4, Gorse Way, Ivybridge is Ivybridge station which is 1.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Gorse Way, Ivybridge, 38.2% of property is privately owned outright and 38.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Gorse Way, Ivybridge, 22.7% of residents are recorded as possessing school level qualifications and 36.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Gorse Way, Ivybridge, the average age was 43.1 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Gorse Way, Ivybridge, 2.2% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Gorse Way, Ivybridge, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.