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2 Preston Cottages, Ermington, Ivybridge, South Hams, Devon, PL21 9NQ

How much is 2 Preston Cottages, Ermington, Ivybridge, South Hams, Devon, PL21 9NQ worth?

Estimated value — November 2026

£253,000

Likely range £143,000 – £342,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale April 1995

2%

confidence

Low

Typically within 24% of the sale price

Property details

Flat / Maisonette

Preston Cottages · Ivybridge · PL21 9NQ

Address

District
South Hams
County
Devon
See house prices in PL21 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k£400k£500k20002002200420062008201020122014201620182020202220242026£253,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£114,664£91,326 – £137,219
2001£136,253£106,722 – £163,831
2002£183,554£141,566 – £221,575
2003£202,272£153,401 – £245,511
2004£233,606£173,826 – £285,852
2005£251,160£183,502 – £309,487
2006£264,599£189,934 – £328,917
2007£281,214£199,498 – £352,284
2008£228,983£160,564 – £289,322
2009£241,350£167,310 – £308,030
2010£250,441£171,706 – £321,435
2011£222,937£171,379 – £264,652
2012£233,214£176,043 – £279,470
2013£231,911£171,842 – £280,513
2014£247,717£180,116 – £302,412
2015£249,206£177,741 – £307,028
2016£250,848£175,431 – £311,867
2017£262,644£180,036 – £329,481
2018£256,910£172,541 – £325,172
2019£264,533£173,990 – £337,791
2020£273,788£176,278 – £352,683
2021£292,790£184,450 – £380,447
2022£308,506£190,069 – £404,332
2023£296,325£178,453 – £391,694
2024£280,357£164,946 – £373,735
2025£265,316£152,416 – £356,663
2026£253,000£143,000 – £342,000

Sale history

1995Sold
£79,000
2026Today — estimated
+220%£253,000

Mortgage calculator

£1,358

Estimated monthly repayment

£227,700

Loan amount

£261,132

Total interest

£488,832

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

2 Preston Cottages, Ermington, Ivybridge, South Hams, Devon, PL21 9NQ is a flat on Preston Cottages in Ivybridge, Devon. Stede's estimated value for November 2026 is £253,000. Four in five similar homes sold within their likely range when tested; for this property that range is £143,000 to £342,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 15 similar homes in the same postcode sector (25%). The confidence score is 2 out of 100 (low): estimates like this one are typically within 24% of the eventual sale price.

It last sold in April 1995 for £79,000. The current estimate is 220% higher than that price. The current owner has held it for about 31 years.

The modelled value is down 6% over the past year and down 16% over the past five years.

Common questions

How much is 2 Preston Cottages, Ermington, Ivybridge, South Hams, Devon, PL21 9NQ worth?

Stede estimates 2 Preston Cottages, Ermington, Ivybridge, South Hams, Devon, PL21 9NQ is worth £253,000 as of November 2026, within a likely range of £143,000 to £342,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 2 Preston Cottages, Ermington, Ivybridge, South Hams, Devon, PL21 9NQ last sell?

It last sold in April 1995 for £79,000.

What type of property is 2 Preston Cottages, Ermington, Ivybridge, South Hams, Devon, PL21 9NQ?

It is recorded as a Flat / Maisonette on Preston Cottages in the PL21 postcode area.

How reliable is this estimate?

The confidence score is 2 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 24% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 15 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 2,404 real sales of similar homes.

  • Its sale in April 1995, brought up to today with the House Price Index£292,05175%
  • 15 similar homes sold recently in the same postcode sector£137,26825%

Estimate £253,000, likely £143,000 – £342,000

Read the full methodology and data sources →