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House Prices in PL2 House Prices in PL2 (Plymouth)

The average house price in PL2 (Plymouth) is £189,750 using HM Land Registry data.

The average property price increased by £50,366 (15.08%) over the last 5 years and increased by £10,092 (2.46%) over the last 12 months.

Over the last year, there were 368 residential property sales – a decrease of 64 transactions (-17.39%) relative to the previous year. The majority of house sales (88) were in the £172,000 - £208,000 range. Then came properties in the £136,000 - £172,000 range, where 76 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,829 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

Nearby Postcodes: EX20, EX21, EX22, EX23, PL1, PL10, PL11, PL12, PL13, PL14, PL15, PL16, PL17, PL18, PL19, PL20, PL21, PL22, PL23, PL24, PL25, PL26, PL27, PL28, PL29, PL3, PL30, PL31, PL32, PL33, PL34, PL35, PL4, PL5, PL6, PL7, PL8, PL9, PL95, TQ10, TQ11, TQ13, TQ7, TQ9, TR2, TR8, TR9

5-Year Average Property Prices in PL2 (Plymouth)

15.08%

Property prices in Plymouth increased by 15.08% 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 PL2 (Plymouth) Over the Last Year

2.46%

Property prices in Plymouth increased by 2.46% 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 PL2 (Plymouth) - Oct 24

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 PL2 (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 PL2 (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 PL2 (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 PL2 (Plymouth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PL2 postcode area since 1995.

Recent Sales in PL2 (Plymouth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
70 Cotehele Avenue, Keyham, Plymouth, City Of Plymouth, PL2 1LX£180,000£180,000£0011 Mar 202423 Aug 2024165 Days
9 St Georges Avenue, Plymouth, City Of Plymouth, PL2 3PW£250,000£231,500-£18,50024 Jan 202420 Aug 2024209 Days
1 Conway Gardens, Plymouth, City Of Plymouth, PL2 2RT£260,000£260,000£0029 Feb 202413 Aug 2024166 Days
43 Balmoral Avenue, Plymouth, City Of Plymouth, PL2 1HP£165,000£165,000£0011 Apr 202406 Aug 2024117 Days
10 Alcester Street, Plymouth, City Of Plymouth, PL2 1EE£200,000£200,000£0001 May 202405 Aug 202496 Days
28 Craigmore Avenue, Plymouth, City Of Plymouth, PL2 1HX£165,000£165,000£0027 Feb 202419 Jul 2024143 Days
18 Vaughan Close, Plymouth, City Of Plymouth, PL2 3QP£110,000£105,000-£5,00009 Jan 202417 Jul 2024190 Days
109 Townshend Avenue, Plymouth, City Of Plymouth, PL2 1PB£170,000£168,000-£2,00009 Feb 202412 Jul 2024154 Days
17 Buckfast Close, Plymouth, City Of Plymouth, PL2 2HD£159,950£155,000-£4,95028 Feb 202412 Jul 2024135 Days
46 Alexandra Road, Ford, Plymouth, City Of Plymouth, PL2 1PH£270,000£260,000-£10,00022 Jan 202405 Jul 2024165 Days
44 Victory Street, Plymouth, City Of Plymouth, PL2 2BY£170,000£164,000-£6,00027 Feb 202405 Jul 2024129 Days
33 Browning Road, Plymouth, City Of Plymouth, PL2 3AN£250,000£250,000£0018 Mar 202428 Jun 2024102 Days
105 North Down Crescent, Plymouth, City Of Plymouth, PL2 2AT£210,000£205,000-£5,00012 Mar 202425 Jun 2024105 Days
36 Halcyon Road, Plymouth, City Of Plymouth, PL2 2PJ£190,000£181,000-£9,00014 Feb 202407 Jun 2024114 Days
63 Dryburgh Crescent, Plymouth, City Of Plymouth, PL2 2NX£190,000£190,000£0018 Jan 202407 Jun 2024141 Days
7 Welsford Avenue, Plymouth, City Of Plymouth, PL2 1HU£160,000£150,000-£10,00009 Aug 202307 Jun 2024303 Days
95b, West Down Road, Plymouth, City Of Plymouth, PL2 3HQ£100,000£98,750-£1,25015 Aug 202331 May 2024290 Days
6b, Keppel Street, Plymouth, City Of Plymouth, PL2 1BU£140,000£140,000£0020 Feb 202431 May 2024101 Days
9 Hornby Street, Plymouth, City Of Plymouth, PL2 1JD£140,000£140,000£0026 Dec 202329 May 2024155 Days
70 Treveneague Gardens, Plymouth, City Of Plymouth, PL2 3SX£290,000£290,000£0015 Mar 202429 May 202475 Days

Most Expensive Streets in PL2 (Plymouth)

PostcodeStreetAreaAverageNo. of Sales
PL2 3DAOutland RoadPlymouth£383,8336
PL2 2QRBeacon Park RoadPlymouth£378,6254
PL2 3EEMillennium StreetPlymouth£359,5004
PL2 3LEBeaconfield RoadPlymouth£358,2504
PL2 3DNLyndhurst ClosePlymouth£325,6005
PL2 3EUFurneaux RoadPlymouth£311,6663
PL2 3QSHonicknowle LanePlymouth£288,7504
PL2 3EBParker RoadPlymouth£281,7147
PL2 3LZLangstone RoadPlymouth£276,8333
PL2 3SHCarnock RoadPlymouth£276,2188

Least Expensive Streets in PL2 (Plymouth)

PostcodeStreetAreaAverageNo. of Sales
PL2 1SGSt Leo PlacePlymouth£73,5004
PL2 1BXBenbow StreetPlymouth£85,65010
PL2 1RLCharlotte StreetPlymouth£90,7508
PL2 1BBHealy PlacePlymouth£92,8754
PL2 1EZNorthesk StreetPlymouth£94,41612
PL2 3QPVaughan ClosePlymouth£102,40015
PL2 1ABAlbert RoadPlymouth£112,7504
PL2 1JYAlexandra Road, FordPlymouth£113,7505
PL2 1BYVictoria Place, StokePlymouth£116,27211
PL2 1ANAlbert RoadPlymouth£117,8889

Explore PL2 (Plymouth) using map

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