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Ivybridge House Prices Ivybridge House Prices

The average house price in Ivybridge is £267,308 using HM Land Registry data.

The average property price increased by £88,590 (36.39%) over the last 5 years and increased by £17,706 (5.63%) over the last 12 months.

Over the last year, there were 165 residential property sales – a decrease of 67 transactions (-40.61%) relative to the previous year. The majority of house sales (43) were in the £236,000 - £292,000 range. Then came properties in the £180,000 - £236,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,846 (-2%).

In April 2024, there were 36 new estate agency instructions, 21 agreed home sales and 18 property price reductions.

Postcodes Covered: PL21

5-Year Average Property Prices in Ivybridge

36.39%

Property prices in Ivybridge increased by 36.39% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Ivybridge Over the Last Year

5.63%

Property prices in Ivybridge increased by 5.63% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Ivybridge - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Ivybridge

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Ivybridge

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Ivybridge

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Ivybridge since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Ivybridge area since 1995.

Recent Property Sales in Ivybridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Berkeley Way, Ivybridge, Devon, PL21 0YD£277,000£272,000-£5,00004 Oct 202308 Mar 2024156 Days
1 Trematon Drive, Ivybridge, Devon, PL21 0HT£260,000£252,000-£8,00020 Oct 202301 Mar 2024133 Days
34 Plover Rise, Ivybridge, Devon, PL21 9DA£239,950£230,000-£9,95008 Jun 202323 Feb 2024260 Days
129 Blachford Road, Ivybridge, Devon, PL21 0AE£435,000£435,000£0020 Oct 202321 Feb 2024124 Days
12 Badgers Close, Ivybridge, Devon, PL21 9TN£450,000£440,000-£10,00029 Aug 202315 Feb 2024170 Days
2 Prideaux Road, Ivybridge, Devon, PL21 0JS£285,000£278,500-£6,50028 Sep 202314 Feb 2024139 Days
35 Holtwood Drive, Ivybridge, Devon, PL21 9TH£360,000£360,000£0012 Oct 202301 Feb 2024112 Days
64 Yeolland Park, Ivybridge, Devon, PL21 0YP£150,000£150,000£0010 Jul 202331 Jan 2024205 Days
25 Woodfield Crescent, Ivybridge, Devon, PL21 0FB£400,000£390,000-£10,00001 Aug 202330 Jan 2024182 Days
9 Highland Street, Ivybridge, Devon, PL21 9AG£240,000£223,500-£16,50026 Jul 202324 Jan 2024182 Days
1 Oaktree Close, Ivybridge, Devon, PL21 9RJ£560,000£547,000-£13,00006 Sep 202319 Jan 2024135 Days
20 Bishops Close, Ivybridge, Devon, PL21 0JY£240,000£234,000-£6,00012 Jul 202315 Jan 2024187 Days
9 Keaton Road, Ivybridge, Devon, PL21 9DH£190,000£185,000-£5,00018 Oct 202315 Jan 202489 Days
12 The Coppice, Woodlands, Ivybridge, Devon, PL21 9TR£205,000£197,000-£8,00005 Oct 202305 Jan 202492 Days
17 Gorse Way, Ivybridge, Devon, PL21 0YQ£430,000£415,000-£15,00026 Apr 202330 Nov 2023218 Days
5 Blackthorn Drive, Ivybridge, Devon, PL21 0WB£355,000£348,000-£7,00009 Nov 202330 Nov 202321 Days
7 Woodfield Crescent, Ivybridge, Devon, PL21 0FB£369,950£360,000-£9,95026 Sep 202324 Nov 202359 Days
38 Julian Road, Ivybridge, Devon, PL21 9BU£255,000£242,500-£12,50022 Jul 202321 Nov 2023122 Days
Flat 8, Tremarran Court, Crescent Road, Ivybridge, Devon, PL21 0BP£185,000£180,000-£5,00009 Jul 202320 Nov 2023134 Days
32 Dunsterville Road, Ivybridge, Devon, PL21 0JT£210,000£200,000-£10,00016 Aug 202317 Nov 202393 Days

Most Expensive Streets in Ivybridge

PostcodeStreetAreaAverageNo. of Sales
PL21 0WFCharles Hankin CloseIvybridge£691,6663
PL21 0UXIvy GlenStowford Mill£570,0005
PL21 9FYWoodland ParkIvybridge£496,6663
PL21 9RJOaktree CloseIvybridge£493,4005
PL21 0NDSpringwood CloseIvybridge£468,3333
PL21 0UYLeat ViewStowford Mill£465,0006
PL21 0BDExeter RoadIvybridge£457,7147
PL21 0ADBlachford RoadIvybridge£452,7229
PL21 9TNBadgers CloseIvybridge£452,5003
PL21 9PTNew MeadowIvybridge£448,0005

Least Expensive Streets in Ivybridge

PostcodeStreetAreaAverageNo. of Sales
PL21 9PRBowdens ParkIvybridge£148,3333
PL21 0YLYeolland LaneIvybridge£153,6505
PL21 9GHGrosvenor CourtWestern Road£155,97323
PL21 9PSGlanvilles MillIvybridge£158,0004
PL21 9UUBarn CloseWoodlands£162,8333
PL21 9AJZion PlaceIvybridge£168,3333
PL21 0YPYeolland ParkIvybridge£170,12518
PL21 9TQFord CloseIvybridge£171,7754
PL21 0HUParksideIvybridge£174,1905
PL21 0HYDeer ParkIvybridge£187,0717

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