Flat 4, 1
Flat 4, 1
Description & Estimates
Flat 4, 1, Hermitage Road, Plymouth is recorded publicly as a modern leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 1, Hermitage Road, Plymouth is £191,706 and its rental estimate is £868 per month, given the available information and assuming reasonable condition.
1, Hermitage Road is a residential building on Hermitage Road, Plymouth, PL3 and falls within the PL3 postal district.
Our Data Sources
Flat 4, 1, Hermitage Road, Plymouth has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Flat 4, 1, Hermitage Road, Plymouth, we estimate a market value of £201,291 and a rental value of £912 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £178,287 and £807 per month respectively.
Recent Market Change
Over the last year, Flat 4, 1, Hermitage Road, Plymouth has seen its estimated sale value grow by £4,133 (2.2%) and its estimated rental value climb by £40 per month (4.6%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 4, 1, Hermitage Road, Plymouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 4, 1, Hermitage Road, Plymouth completed on 1st June 2022 at £187,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.8% over the period since June 2022.
- Sold Jun 2022£187,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 1, Hermitage Road, Plymouth have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2022, was Flat 5, 1, Hermitage Road, Plymouth, PL3 4RT, a leasehold flat which sold for £220,000.
Read more about house prices in PL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 73 addresses on Hermitage Road, Plymouth, PL3, Flat 4, 1, Hermitage Road, Plymouth comes out as the 69th largest and the 68th most expensive in our analysis of the public data.
It is also £86k less expensive than the average property across the PL3 district.
More reading links
Schools Nearby
- 300mHyde Park Infants' School
- 400mHyde Park Junior School
- 900mCompton CofE Primary School
- 800mPlymouth High School for Girls
- 1.1kmLipson Co-operative Academy
- 1.6kmDevonport High School for Girls
More reading links
Public Transport Nearby
From Flat 4, 1, Hermitage Road, Plymouth, the nearest station is Plymouth, 1.2 kilometres away.
- 1.2kmPlymouth
- 2.9kmDevonport
- 3.1kmDockyard (Devonport)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
