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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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According to the public record, 7, Bishops Close, Ivybridge is a mid-century freehold house with 1,474 ft2 of internal area and sits on a 525 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Bishops Close, Ivybridge is £451,480 and the estimated rental value is £1,271 per month.
Bishops Close, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
7, Bishops Close, Ivybridge has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Bishops Close, Ivybridge is in very good condition we estimate a sale value of £474,054 and a rental value of £1,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £419,877 and a rental value of £1,182 per month.
Over the last 12 months the sale value of 7 Bishops Close Ivybridge has decreased by an estimated £4,229 (0.9%) and its rental value has increased by an estimated £49 per month (3.9%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 7, Bishops Close, Ivybridge sits on a plot of 525m2.
We have plot size data on 16 out of 16 other houses in the postcode and 7, Bishops Close, Ivybridge sits on the 2nd largest plot.
7, Bishops Close, Ivybridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Aug 2016.
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, 7, Bishops Close, Ivybridge was last sold on 1st June 2017 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2017, the market for similar properties has risen 51.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bishops Close, Ivybridge within a radius of 710 metres over the last 2 years.
The most recent example is 17, Speakers Road, Ivybridge, PL21 0JP, a freehold house which sold for £455,000 on the 2nd November 2023.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Close, Ivybridge, PL21 has a total of 16 addresses. According to our analysis of all the public data, 7, Bishops Close, Ivybridge is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in PL21.
The closest station to 7, Bishops Close, Ivybridge is Ivybridge station which is 500 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Bishops Close, Ivybridge, 39.7% of property is privately owned with a mortgage and 35.9% is privately owned outright.
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 7, Bishops Close, Ivybridge, 18.2% of residents are recorded as possessing school level qualifications and 34.3% 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 7, Bishops Close, 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 7, Bishops Close, 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 7, Bishops Close, 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.
