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According to the public record, Flat 8, 2, Hoe Road, Plymouth is a modern leasehold apartment with 2,109 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, 2, Hoe Road, Plymouth is £702,343 and the estimated rental value is £2,947 per month.
The apartment is within 2, Hoe Road, Plymouth, PL1.
Hoe Road, Plymouth, PL1 is located within the PL1 postal district.
Flat 8, 2, Hoe Road, Plymouth has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated January 2018.
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.
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 8, 2, Hoe Road, Plymouth is in very good condition we estimate a sale value of £737,461 and a rental value of £3,094 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £653,179 and a rental value of £2,741 per month.
Over the last 12 months the sale value of Flat 8 2 Hoe Road Plymouth has increased by an estimated £32,303 (4.6%) and its rental value has increased by an estimated £169 per month (5.7%), giving an expected gross yield of 5%.
Flat 8, 2, Hoe Road, Plymouth has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 17 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 8, 2, Hoe Road, Plymouth was last sold on 29th November 2019 for £1,090,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has dropped 34.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 8, 2, Hoe Road, Plymouth within a radius of 550 metres over the last 2 years.
The most recent example is Flat 50, 55, Cliff Road, Plymouth, PL1 2PE, a leasehold flat which sold for £1,150,000 on the 5th April 2024.
Read more about house prices in PL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hoe Road, Plymouth, PL1 has a total of 17 addresses. According to our analysis of all the public data, Flat 8, 2, Hoe Road, Plymouth is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £508k more expensive than the average property in PL1.
The closest station to Flat 8, 2, Hoe Road, Plymouth is Plymouth station which is 1.6 kilometres 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 8, 2, Hoe Road, Plymouth, % of property is and % is .
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 Flat 8, 2, Hoe Road, Plymouth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 8, 2, Hoe Road, Plymouth, 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 Flat 8, 2, Hoe Road, Plymouth, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.