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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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56, Langham Way, Ivybridge is recorded publicly as a mid-century freehold house across 818 ft2 of internal area, sitting on a 262 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 56, Langham Way, Ivybridge is £279,820 and its rental estimate is £1,176 per month, given the available information and assuming reasonable condition.
Langham Way, Ivybridge, PL21 falls within the PL21 postal district, in the borough of South Hams.
56, Langham Way, Ivybridge has 2 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 56, Langham Way, Ivybridge, we estimate a market value of £293,811 and a rental value of £1,235 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £260,233 and £1,093 per month respectively.
Over the last year, 56, Langham Way, Ivybridge has seen its estimated sale value grow by £511 (0.2%) and its estimated rental value climb by £59 per month (5.0%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 56, Langham Way, Ivybridge as measuring 262 m2.
That makes it the 9th largest plot in the postcode, where 36 of the 40 other houses have recorded plot data.
56, Langham Way, Ivybridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 56, Langham Way, Ivybridge completed on 11th July 2023 at £255,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 3.9% over the period since July 2023.
Over the past 2 years 3 properties similar to 56, Langham Way, Ivybridge have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 30, St. Austin Close, Ivybridge, PL21 9BZ, a freehold house which sold for £317,500.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 72 addresses on Langham Way, Ivybridge, PL21, 56, Langham Way, Ivybridge comes out as the 42nd largest and the 53rd most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the PL21 district.
From 56, Langham Way, Ivybridge, the nearest station is Ivybridge, 1.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Langham Way, Ivybridge, 59.3% of property is privately owned outright and 33.6% 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 56, Langham Way, Ivybridge, 14.8% of residents are recorded as possessing school level qualifications and 33.3% 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 56, Langham 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 56, Langham Way, Ivybridge, 0.8% 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 56, Langham Way, Ivybridge, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
