Property profile

2 Erme Drive

Map showing 2, Erme Drive, Ivybridge

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£340,000

Detached sold in Ivybridge West

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold02 Dec 2022
£295,000Change since last sale: +£44,000 (+15%)
Annualised change
+3.7% per yearSouth Hams annualised change (detached) since 2022: −3.4% per yearThis property outperformed the market
Price per sq ftLocal median £347 per sq ft
£437 per sq ftEstimate vs local median: +£90 per sq ft (+26%)
Local sold pricesMedian for detached in Ivybridge West
£395,000Estimate vs local median: −£56,000 (−14%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeBungalow / Detached
TenureFreehold
Construction period1967-1975
Floor area72 m² / 775 sq ft
Rooms3 habitable / 3 heated
EPC ratingD
EPC inspection14 Feb 2017

Sales history

DatePriceChange
02 Dec 2022£295,000+24%
05 Oct 2017£237,000+152%
10 Dec 1999£94,000-

Local market

Property prices in Ivybridge West

Median price£280,000
Price per sq ft£343
Sales (last 12 months)102
Typical range (middle 50%)£230K – £359K

Based on 102 recent sales, the median property price is £280,000 (about £343 per square foot) in Ivybridge West area, with individual transactions ranging from £118,000 up to £655,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Ivybridge West over the last year.
TypeSalesMedian£/sq ft
Detached27£395,000£347
Semi-Detached40£280,500£346
Terraced29£230,000£342
Flats6£144,000£238

10-year price trendmedian sale price in Ivybridge West

Sale price

Ten year median sale price trend for each property type in Ivybridge West.
YearDetachedFlatsSemi-DetachedTerraced
2016£308,500£145,000£210,000£164,500
2017£302,000£147,000£222,000£182,995
2018£300,000£150,000£216,250£175,000
2019£297,500£135,000£220,000£160,000
2020£334,998£149,500£229,995£185,000
2021£345,000£142,500£235,995£189,995
2022£420,500£160,000£268,000£210,000
2023£395,000£168,975£272,475£223,000
2024£387,500£150,000£265,000£212,750
2025£395,000£152,500£277,500£230,000
2026£390,000£144,000£290,000£214,000
Ten year median sale price trend for each property type in Ivybridge West.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Ivybridge West.
YearDetachedFlatsSemi-DetachedTerraced
2016£273£240£241£243
2017£268£240£262£250
2018£283£249£272£273
2019£273£183£260£213
2020£286£241£283£278
2021£296£239£303£297
2022£342£246£324£276
2023£366£259£315£265
2024£335£262£327£313
2025£347£260£335£328
2026£349£238£318£321
Ten year median sale price per square foot trend for each property type in Ivybridge West.

Price distribution by property typelast 12 months

Price distribution by property type for Ivybridge West in the last year.

Recent sales

There were 43 recent sold properties in the last 18 months near PL21 9BN.

Recent sold properties in the last 18 months near PL21 9BN
DateAddressTypeTenurePriceMap
19 Aug 202568, Langham Way, Ivybridge, PL21 9BYTerracedFreehold£337,500
12 Nov 20256, Nirvana Close, Ivybridge, PL21 0APDetachedFreehold£600,000
05 Jun 202613, St Austin Close, Ivybridge, PL21 9BZSemi-DetachedFreehold£342,500
21 Jul 202533, St Austin Close, Ivybridge, PL21 9BZSemi-DetachedFreehold£300,000
12 Jun 202519, St Austin Close, Ivybridge, PL21 9BZTerracedFreehold£357,500

Other properties at this postcode

AddressTenureFloor areaLast sale
3, Erme Drive, IvybridgeFreehold143 m²£260,000 (2012)
5 Erme Drive, IvybridgeFreehold88 m²£415,000 (2024)
6, Erme Drive, IvybridgeFreehold81 m²£200,000 (2011)
8, Erme Drive, IvybridgeFreehold68 m²£245,000 (2017)
9, Erme Drive, Ivybridge-121 m²-
10, Erme Drive, IvybridgeFreehold74 m²£390,000 (2023)
14, Erme Drive, Ivybridge-74 m²-
16, Erme Drive, IvybridgeFreehold67 m²£235,000 (2015)
18, Erme Drive, IvybridgeFreehold75 m²£230,000 (2018)

Area insights for PL21 9BN

Full area profile →

Overview

Postcode PL21 9BN is located in an urban city, within the Ivybridge West ward of South Hams in the South West region, and forms part of the Ivybridge area. It has average deprivation and high crime levels, with around 87.8 crimes per 1,000 residents per year, in line with the South West average of 85 per 1,000. The average income per household in Ivybridge is £59,058 per year. The nearest station is Ivybridge, about 1 miles away. There are 4 primary and 1 secondary schools in the area.

Crime rate
8/10
Crimes per 1k residents
88
Deprivation level
6/10
Income level
8/10
Social housing
0.7%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

6/10

Ivybridge has an average level of deprivation, ranked at position 16,840 out of 32,844 areas in England, placing it within the bottom 49% least deprived areas in England.

Crime level

8/10

Ivybridge has a high crime rate, with approximately 87.8 reported incidents per 1,000 population each year.

Social housing

0.7%

Approximately 0.7% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 8.9% of dwellings are socially rented.

Income level

8/10

The average income per household in Ivybridge is £59,058 per year.

Noise Level

No noise

No significant noise sources from railways or roads near PL21 9BN.

Flood risk

No risk

Ivybridge near PL21 9BN has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Ivybridge located about 1 miles away. There are 1 stations nearby.

Nearby public transport stations for PL21 9BN
DistanceNameLinesDirections
1 mi

Ivybridge

N/A

Walking directions to Ivybridge

Parks

No parks nearby

Area Profile

Population
318
Population density
1,631.6 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
47.14(+41%)
Anti-social behaviour
29.66(+99%)
Shoplifting
15.03(+127%)
Criminal damage and arson
13(+100%)
Public order
8.13(+24%)
South West average

Demographics

Ethnic groups

British
313
98.43%
Other White
3
0.94%
Caribbean
1
0.31%
Irish
1
0.31%
Total population: 318

Economics

Education (age 16+)

Level 4+ (Degree)
105
37.1%
No qualifications
50
17.67%
Level 3 (A level)
38
13.43%
Level 2 (GCSEs 9-4)
34
12.01%
Apprenticeship
20
7.07%
Total 16+ residents: 283

Housing

Housing tenure

Owns outright
93
63.7%
Owns with a mortgage
39
26.71%
Private landlord or letting agency
11
7.53%
Other forms of private rent
2
1.37%
Other social rented
1
0.68%
Total households: 146

Schools

In the PL21 9BN postcode area, located within Ivybridge, there are 4 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for PL21 9BN
DistancePhaseNameTypeRating
0.2 miPrimaryManor Primary School, IvybridgeAcademy converter

Outstanding

0.3 miPrimaryThe Erme Primary SchoolCommunity school

Good

0.5 miSecondaryIvybridge Community CollegeAcademy converter

Good

Local amenities

4 nearby supermarkets & convenience stores within 0.5 mi of PL21 9BN

Nearby supermarkets & convenience stores for PL21 9BN
DistanceNameAddressDirections
0.3 miThe Co-operative Food14 Glanvilles Mill, Ivybridge, PL21 9PSWalking directions to The Co-operative Food
0.3 miMorrisons DailyCostly Street, Ivybridge, PL21 0DBWalking directions to Morrisons Daily
0.3 miTesco ExpressLeonards Road, Ivybridge, PL21 0RUWalking directions to Tesco Express
0.4 miMaceLeonards Road, South Hams, PL21 0RUWalking directions to Mace