According to the public record, Flat 3, The Bridge, Plymouth is a modern leasehold apartment and with 1,170 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in The Bridge, Custom House Lane, Plymouth, PL1.
Custom House Lane, Plymouth, PL1 is located within the PL1 postal district.
Flat 3, The Bridge, Plymouth has 21 entries in the Land Registry database, most recently in October 2010 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 Flat 3 The Bridge Plymouth as £376,064 and the rental value as £1,492 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 3 The Bridge Plymouth has increased by £9,931 (2.6%) and its rental value has increased by £26 per month (1.8%).
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 Flat 3, The Bridge, Plymouth is in very good condition we estimate a sale value of £394,867 and rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,739 and a rental value of £1,387 per month.
If you were able to purchase this property for the estimated value of £376,064, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,848 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 HM Land Registry, Flat 3, The Bridge, Plymouth was last sold on 01 Oct 2010 for £249,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2010, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, The Bridge, Plymouth within a radius of 182m over the last 2 years.
The most recent example is Flat 75, 2, Trinity Street, Plymouth, PL1 3GG, a Leasehold flat which sold for £580,000 in Dec 2022.
Read more about house prices in PL1.
Custom House Lane, Plymouth, PL1 has a total of 28 addresses. According to our analysis of all the public data, Flat 3, The Bridge, Plymouth is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in PL1.
Flat 3, The Bridge, Plymouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Apr 2010.
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 Flat 3, The Bridge, Plymouth is Plymouth station which is 1.6 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 Flat 3, The Bridge, Plymouth, 52.5% of property is socially rented and 25.8% is privately rented.
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 Flat 3, The Bridge, Plymouth, 13.6% of residents are recorded as possessing school level qualifications and 23.0% 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 Flat 3, The Bridge, Plymouth, the average age was 35.9 and the most common age was 22.
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 Flat 3, The Bridge, Plymouth, 1.0% 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 Flat 3, The Bridge, Plymouth, there are an average of 0.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.