House Prices in PL8 House Prices in PL8 (Plymouth)

The average house price in PL8 (Plymouth) is £674,750 using HM Land Registry data.

The average property price increased by £95,042 (34.57%) over the last 5 years and increased by £19,044 (4.93%) over the last 12 months.

Over the last year, there were 53 residential property sales – a decrease of 41 transactions (-77.36%) relative to the previous year. The majority of house sales (24) were in the £250,000 - £430,000 range. Then came properties in the £430,000 - £610,000 range, where 12 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 £-6,666 (-1%).

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

5-Year Average Property Prices in PL8 (Plymouth)

34.57%

Property prices in Plymouth increased by 34.57% 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 PL8 (Plymouth) Over the Last Year

4.93%

Property prices in Plymouth increased by 4.93% 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 PL8 (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 PL8 (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 PL8 (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 PL8 (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 PL8 (Plymouth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PL8 postcode area since 1995.

Recent Sales in PL8 (Plymouth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
52 Yealm Park, Yealmpton, Plymouth, Devon, PL8 2NP£225,000£225,000£0015 Feb 202412 Apr 202457 Days
1 Orchard Close, Yealmpton, Plymouth, Devon, PL8 2JQ£415,000£410,000-£5,00004 Sep 202315 Mar 2024193 Days
Sun Rock, New Road, Yealmpton, Plymouth, Devon, PL8 2HH£300,000£277,500-£22,50023 Oct 202301 Mar 2024130 Days
44 Elm Tree Park, Yealmpton, Plymouth, Devon, PL8 2ED£410,000£400,000-£10,00014 Dec 202329 Feb 202477 Days
39 Elm Tree Park, Yealmpton, Plymouth, Devon, PL8 2ED£350,000£325,000-£25,00017 Nov 202329 Feb 2024104 Days
1 Church Park Road, Yealmpton, Plymouth, Devon, PL8 2EY£425,000£375,000-£50,00008 Sep 202302 Feb 2024147 Days
3 Torr Lane, Torr, Plymouth, Devon, PL8 2HW£400,000£395,000-£5,00001 Sep 202316 Jan 2024137 Days
5 Meadow Drive, Brixton, Plymouth, Devon, PL8 2NZ£290,000£280,000-£10,00028 Jul 202313 Dec 2023138 Days
9 The Fairway, Newton Ferrers, Plymouth, Devon, PL8 1DW£475,000£475,000£0009 Sep 202317 Nov 202369 Days
40 Stray Park, Yealmpton, Plymouth, Devon, PL8 2HF£400,000£385,000-£15,00002 Jun 202321 Sep 2023111 Days
Yealmpton Villa, Market Street, Yealmpton, Plymouth, Devon, PL8 2EB£1,250,000£1,250,000£0009 Jun 202318 Sep 2023101 Days
7 Brixton Lodge Gardens, Brixton, Plymouth, Devon, PL8 2AX£700,000£655,000-£45,00006 Mar 202303 Aug 2023150 Days
Greenfields, Lodge Lane, Brixton, Plymouth, Devon, PL8 2AU£550,000£550,000£0011 Apr 202302 Aug 2023113 Days
Reef Knot, Stoke Road, Noss Mayo, Plymouth, Devon, PL8 1DZ£995,000£990,000-£5,00016 Nov 202201 Aug 2023258 Days
North Shore, Riverside Road West, Newton Ferrers, Plymouth, Devon, PL8 1AD£2,250,000£1,800,000-£450,00013 Dec 202231 Jul 2023230 Days
8 Church Park, Newton Ferrers, Plymouth, Devon, PL8 1AJ£1,950,000£1,848,000-£102,00011 Jul 202226 Jul 2023380 Days
5 Holmbush Way, Brixton, Plymouth, Devon, PL8 2DU£180,000£178,500-£1,50030 Aug 202210 Jul 2023314 Days
East St. Marys Cottage, Fore Street, Holbeton, Plymouth, Devon, PL8 1NE£375,000£365,000-£10,00015 Mar 202304 Jul 2023111 Days
16 Church Park Road, Yealmpton, Plymouth, Devon, PL8 2EY£285,000£275,000-£10,00015 Feb 202328 Jun 2023133 Days
2 Chapel Lane, Yealmpton, Plymouth, Devon, PL8 2JL£250,000£243,000-£7,00022 Sep 202219 May 2023239 Days

Most Expensive Streets in PL8 (Plymouth)

PostcodeStreetAreaAverageNo. of Sales
PL8 1DGLower Court Road, Newton FerrersPlymouth£1,560,0004
PL8 1EWNoss MayoPlymouth£1,063,3333
PL8 1BLYealm Road, Newton FerrersPlymouth£1,055,89214
PL8 1ADRiverside Road West, Newton FerrersPlymouth£1,023,1378
PL8 2EBMarket Street, YealmptonPlymouth£978,3333
PL8 1AERiverside Road East, Newton FerrersPlymouth£960,0003
PL8 1DYStoke Road, Noss MayoPlymouth£957,6666
PL8 1EDPillory Hill, Noss MayoPlymouth£906,6666
PL8 1DFDe Ferrers Drive, Newton FerrersPlymouth£898,3256
PL8 1ANYealm View Road, Newton FerrersPlymouth£861,6663

Least Expensive Streets in PL8 (Plymouth)

PostcodeStreetAreaAverageNo. of Sales
PL8 1DTBishops Court, Newton HillPlymouth£158,0005
PL8 2BNSteer Point Road, BrixtonPlymouth£188,3333
PL8 2JLChapel Lane, YealmptonPlymouth£188,5006
PL8 2NPYealm Park, YealmptonPlymouth£196,4553
PL8 2LAChurch Way, YealmptonPlymouth£208,6663
PL8 2HLChurch Close, YealmptonPlymouth£216,2504
PL8 2PGKitley Walk, YealmptonPlymouth£222,0004
PL8 2FRRusset Way, BrixtonPlymouth£243,0005
PL8 2AHBrixtonPlymouth£250,0004
PL8 2BGRailway View, BrixtonPlymouth£253,3333

Explore PL8 (Plymouth) using map