According to the public record, 59, Gorse Way, Ivybridge is a modern freehold house and with 1,033 ft2 of internal area and sits on a 203 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gorse Way, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
59, Gorse Way, Ivybridge has 21 entries in the Land Registry database, most recently in October 2015 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 59 Gorse Way Ivybridge as £397,562 and the rental value as £1,036 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 59 Gorse Way Ivybridge has increased by £8,794 (2.2%) and its rental value has increased by £22 per month (2.1%).
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 59, Gorse Way, Ivybridge is in very good condition we estimate a sale value of £417,440 and rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,733 and a rental value of £963 per month.
If you were able to purchase this property for the estimated value of £397,562, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,954 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, 59, Gorse Way, Ivybridge sits on a plot of 203m2.
We have plot size data on 22 out of 31 other houses in the postcode and 59, Gorse Way, Ivybridge sits on the 21st largest plot.
According to HM Land Registry, 59, Gorse Way, Ivybridge was last sold on 23 Oct 2015 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2015, the market for similar properties has risen 40.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Gorse Way, Ivybridge within a radius of 143m over the last 2 years.
The most recent example is 5, Blackthorn Drive, Ivybridge, PL21 0WB, a Freehold house which sold for £348,000 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, 59, Gorse Way, Ivybridge is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in PL21.
59, Gorse Way, Ivybridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2020.
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 59, Gorse Way, Ivybridge is Ivybridge station which is 900 m 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 59, 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 59, 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 59, 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 59, 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 59, 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.