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House Prices in PL1

The average house price in PL1 (Plymouth) is £169,437 using HM Land Registry data.

The average property price decreased by £22,073 (-34.85%) over the last 5 years and decreased by £4,422 (-4.96%) over the last 12 months.

Over the last year, there were 290 residential property sales – a decrease of 80 transactions (-27.59%) relative to the previous year. The majority of house sales (79) were in the £100,000 - £150,000 range. Then came properties in the £150,000 - £200,000 range, where 67 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 189 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,710 (-3%).

In January 2025, there were 77 new estate agency instructions, 51 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in PL1 (Plymouth)

34.85%

Property prices in PL1 (Plymouth) increased by 34.85% 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 PL1 (Plymouth) Over the Last Year

4.96%

Property prices in PL1 (Plymouth) increased by 4.96% 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.

Property Market Heat Gauge for PL1 (Plymouth) - 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 PL1 (Plymouth)

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 PL1 (Plymouth)

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 PL1 (Plymouth)

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 PL1 (Plymouth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PL1 postcode area since 1995.

Recent Sales in PL1 (Plymouth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
38 Cornwall Street, Devonport, Plymouth, City Of Plymouth, PL1 4NY	£240,000	£240,000	£0	28 Aug 2024	12 Dec 2024	106 Days
62 Hotham Place, Plymouth, City Of Plymouth, PL1 5NF	£220,000	£210,000	-£10,000	13 Jul 2024	09 Dec 2024	149 Days
15 The Old Laundry, Plymouth, City Of Plymouth, PL1 3NL	£225,000	£220,000	-£5,000	21 Jun 2024	02 Dec 2024	164 Days
12 Third Avenue, Stoke, Plymouth, City Of Plymouth, PL1 5QB	£165,000	£160,000	-£5,000	31 Jul 2024	02 Dec 2024	124 Days
54 Emma Place, Plymouth, City Of Plymouth, PL1 3QU	£615,000	£610,000	-£5,000	17 Jun 2024	22 Nov 2024	158 Days
144 Durnford Street, Plymouth, City Of Plymouth, PL1 3QP	£140,000	£133,000	-£7,000	12 Feb 2024	26 Jul 2024	165 Days
3 Neswick Street, Plymouth, City Of Plymouth, PL1 5JJ	£180,000	£170,000	-£10,000	05 Mar 2024	22 Jul 2024	139 Days
235 Stuart Road, Plymouth, City Of Plymouth, PL1 5LH	£550,000	£545,000	-£5,000	01 Feb 2024	19 Jul 2024	169 Days
32 Castle Street, Plymouth, City Of Plymouth, PL1 2NH	£140,000	£130,000	-£10,000	24 May 2023	12 Jul 2024	415 Days
24 Claremont Street, Plymouth, City Of Plymouth, PL1 5AQ	£110,000	£108,000	-£2,000	18 Oct 2023	18 Jun 2024	244 Days
41 Buckwell Street, Plymouth, City Of Plymouth, PL1 2DA	£125,000	£105,000	-£20,000	20 Sep 2023	07 Jun 2024	261 Days
45 Morice Street, Plymouth, City Of Plymouth, PL1 4NG	£100,000	£87,500	-£12,500	12 Dec 2023	07 Jun 2024	178 Days
19 Castle Street, Plymouth, City Of Plymouth, PL1 2NJ	£120,000	£115,000	-£5,000	26 Jan 2024	31 May 2024	126 Days
71 West Hoe Road, Plymouth, City Of Plymouth, PL1 3BH	£130,000	£125,000	-£5,000	24 Jan 2024	14 May 2024	111 Days
2 Fellowes Place, Plymouth, City Of Plymouth, PL1 5NB	£350,000	£345,000	-£5,000	05 Sep 2023	07 May 2024	245 Days
75 Valletort Road, Plymouth, City Of Plymouth, PL1 5PN	£150,000	£150,000	£0	22 Aug 2011	26 Apr 2024	4631 Days
165 Citadel Road, Plymouth, City Of Plymouth, PL1 2HU	£495,000	£450,000	-£45,000	25 Jul 2023	10 Apr 2024	260 Days
First Floor Flat, 75, Stuart Road, Plymouth, City Of Plymouth, PL1 5LW	£115,000	£115,000	£0	22 Jan 2018	04 Apr 2024	2264 Days
8 Garfield Terrace, Plymouth, City Of Plymouth, PL1 5NU	£400,000	£394,000	-£6,000	08 Sep 2023	03 Apr 2024	208 Days
21 South Hill, Stoke, Plymouth, City Of Plymouth, PL1 5RR	£290,000	£283,000	-£7,000	08 Dec 2023	26 Mar 2024	109 Days

Most Expensive Streets in PL1 (Plymouth)

Postcode	Street	Area	Average	No. of Sales
PL1 3TG	Custom House Lane	Plymouth	£620,000	4
PL1 5NZ	Collingwood Villas	Plymouth	£617,500	4
PL1 2PE	Cliff Road, The Hoe	Plymouth	£523,333	6
PL1 3DE	Hoe Road	Plymouth	£517,500	4
PL1 4SW	Maritime Square	Plymouth	£457,363	11
PL1 2BA	Elliot Street	Plymouth	£452,500	4
PL1 2RP	Alfred Street	Plymouth	£412,000	4
PL1 2PJ	The Esplanade	Plymouth	£411,875	4
PL1 2BE	Elliot Street	Plymouth	£407,958	6
PL1 3RN	Freemans Wharf	Plymouth	£398,666	3

Least Expensive Streets in PL1 (Plymouth)

Postcode	Street	Area	Average	No. of Sales
PL1 3HR	Union Street	Plymouth	£73,333	3
PL1 1SL	Morley Court	Plymouth	£78,000	3
PL1 4FL	Pottery Road	Plymouth	£82,666	3
PL1 5AQ	Claremont Street	Plymouth	£86,100	5
PL1 3QT	Emma Place	Plymouth	£90,125	4
PL1 5AF	Claremont Street	Plymouth	£90,333	3
PL1 4RX	St Michaels Close	Plymouth	£91,045	11
PL1 5JD	King Street	Plymouth	£92,122	11
PL1 4SS	Wright Close	Plymouth	£93,625	4
PL1 4DA	St Nazaire Close	Plymouth	£97,000	6