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House Prices in PL21 House Prices in PL21 (Ivybridge)

The average house price in PL21 (Ivybridge) is £316,317 using HM Land Registry data.

The average property price increased by £78,702 (20.06%) over the last 5 years and increased by £15,765 (3.15%) over the last 12 months.

Over the last year, there were 254 residential property sales – a decrease of 45 transactions (-17.72%) relative to the previous year. The majority of house sales (72) were in the £242,000 - £314,000 range. Then came properties in the £170,000 - £242,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 137 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,422 (-2%).

In January 2025, there were 43 new estate agency instructions, 47 agreed home sales and 25 property price reductions.

Nearby Postcodes: PL12, PL18, PL19, PL20, PL3, PL5, PL6, PL7, PL8, PL9, TQ10, TQ11, TQ12, TQ13, TQ3, TQ4, TQ5, TQ6, TQ7, TQ8, TQ9

5-Year Average Property Prices in PL21 (Ivybridge)

20.06%

Property prices in PL21 (Ivybridge) increased by 20.06% 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 PL21 (Ivybridge) Over the Last Year

3.15%

Property prices in PL21 (Ivybridge) increased by 3.15% 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 PL21 (Ivybridge) - January 2025

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 PL21 (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 PL21 (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 PL21 (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 PL21 (Ivybridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PL21 postcode area since 1995.

Recent Sales in PL21 (Ivybridge)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Deer Park, Ivybridge, Devon, PL21 0HY£259,950£250,000-£9,95017 Oct 202416 Dec 202460 Days
Bow Cottage, The Square, Ermington, Ivybridge, Devon, PL21 9LP£165,000£165,000£015 Oct 202416 Dec 202462 Days
3 Orchid Avenue, Woodlands, Ivybridge, Devon, PL21 9XD£315,000£307,000-£8,00016 Aug 202410 Dec 2024116 Days
53 New Park Road, Lee Mill Bridge, Ivybridge, Devon, PL21 9EB£265,000£260,000-£5,00027 Jul 202429 Nov 2024125 Days
14 Woolms Meadow, Ivybridge, Devon, PL21 9UF£325,000£320,000-£5,00026 Aug 202429 Nov 202495 Days
38 Holtwood Drive, Ivybridge, Devon, PL21 9TH£475,000£470,000-£5,00026 Jul 202428 Nov 2024125 Days
52 Deer Park, Ivybridge, Devon, PL21 0HY£255,000£253,000-£2,00003 Jul 202422 Nov 2024142 Days
17 Bottle Park, Lee Mill Bridge, Ivybridge, Devon, PL21 9EJ£260,000£255,000-£5,00020 Jul 202421 Nov 2024124 Days
Spirebrook, Chapel Street, Ermington, Ivybridge, Devon, PL21 9NE£895,000£850,000-£45,00004 Jun 202414 Nov 2024163 Days
40 Elizabeth Close, Ivybridge, Devon, PL21 0PL£229,950£225,000-£4,95015 Apr 202429 Oct 2024197 Days
2 Canterbury Close, Ivybridge, Devon, PL21 0YG£400,000£395,000-£5,00003 May 202429 Oct 2024179 Days
39 Fairway Avenue, Ivybridge, Devon, PL21 9JF£315,000£315,000£024 May 202428 Oct 2024157 Days
68 Plover Rise, Ivybridge, Devon, PL21 9DA£320,000£320,000£027 Jul 202425 Oct 202490 Days
37 Holman Way, Ivybridge, Devon, PL21 9TE£199,995£188,000-£11,99518 May 202425 Oct 2024160 Days
Dunstone, Crescent Road, Ivybridge, Devon, PL21 0BP£395,000£360,000-£35,00017 Oct 202324 Oct 2024373 Days
1 Trinnaman Close, Ivybridge, Devon, PL21 0YH£275,000£265,000-£10,00024 Feb 202424 Oct 2024243 Days
1 Springwood Close, Ivybridge, Devon, PL21 0ND£475,000£455,000-£20,00016 May 202423 Oct 2024160 Days
5 Erme Drive, Ivybridge, Devon, PL21 9BN£435,000£415,000-£20,00021 May 202423 Oct 2024155 Days
9 Woolms Meadow, Ivybridge, Devon, PL21 9UF£260,000£255,000-£5,00011 Mar 202418 Oct 2024221 Days
73 Cleeve Drive, Ivybridge, Devon, PL21 9BP£260,000£240,000-£20,00016 Mar 202418 Oct 2024216 Days

Most Expensive Streets in PL21 (Ivybridge)

PostcodeStreetAreaAverageNo. of Sales
PL21 0TXAyleston Park, ModburyIvybridge£850,0003
PL21 0TETreveor Gardens, ModburyIvybridge£805,0003
PL21 0WFCharles Hankin CloseIvybridge£708,7504
PL21 0LLLudbrookIvybridge£708,3336
PL21 0ESBittafordIvybridge£656,6663
PL21 0SUModburyIvybridge£578,3336
PL21 0UXIvy Glen, Stowford MillIvybridge£570,0005
PL21 9SJLuttonIvybridge£556,6663
PL21 0QRChurch Street, ModburyIvybridge£553,3333
PL21 9RHMeadow View, LuttonIvybridge£540,0003

Least Expensive Streets in PL21 (Ivybridge)

PostcodeStreetAreaAverageNo. of Sales
PL21 9SPHavelock Terrace, LuttonIvybridge£141,6503
PL21 9GHGrosvenor Court, Western RoadIvybridge£156,79625
PL21 9EXHenry Close, Lee Mill BridgeIvybridge£163,9833
PL21 9HHIvybridge, DevonIvybridge£166,0003
PL21 0HUParksideIvybridge£167,7374
PL21 0YPYeolland ParkIvybridge£168,13217
PL21 9AJZion PlaceIvybridge£168,3333
PL21 0YLYeolland LaneIvybridge£172,5416
PL21 9TQFord CloseIvybridge£175,7003
PL21 9ELHazeldene CloseIvybridge£177,0004

Explore PL21 (Ivybridge) using map

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