Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Erme Drive, Ivybridge is a mid-century freehold house with 775 ft2 of internal area and sits on a 435 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Erme Drive, Ivybridge is £359,219 and the estimated rental value is £1,017 per month.
Erme Drive, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
2, Erme Drive, Ivybridge has 31 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated February 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 2, Erme Drive, Ivybridge is in very good condition we estimate a sale value of £377,180 and a rental value of £1,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,073 and a rental value of £946 per month.
Over the last 12 months the sale value of 2 Erme Drive Ivybridge has increased by an estimated £656 (0.2%) and its rental value has increased by an estimated £51 per month (5.0%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 2, Erme Drive, Ivybridge sits on a plot of 435m2.
We have plot size data on 14 out of 14 other houses in the postcode and 2, Erme Drive, Ivybridge sits on the 3rd largest plot.
2, Erme Drive, Ivybridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Erme Drive, Ivybridge was last sold on 2nd December 2022 for £295,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2022, the market for similar properties has risen 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Erme Drive, Ivybridge within a radius of 690 metres over the last 2 years.
The most recent example is 10, Erme Drive, Ivybridge, PL21 9BN, a freehold house which sold for £390,000 on the 10th January 2023.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erme Drive, Ivybridge, PL21 has a total of 14 addresses. According to our analysis of all the public data, 2, Erme Drive, Ivybridge is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in PL21.
The closest station to 2, Erme Drive, Ivybridge is Ivybridge station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Erme Drive, Ivybridge, 63.7% of property is privately owned outright and 26.7% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 2, Erme Drive, Ivybridge, 13.8% of residents are recorded as possessing school level qualifications and 37.1% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Erme Drive, 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 2, Erme Drive, Ivybridge, 0.0% 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 2, Erme Drive, Ivybridge, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
