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Plymouth House Prices

The average house price in Plymouth is £219,280 using HM Land Registry data.

The average property price increased by £46,115 (23.22%) over the last 5 years and increased by £9,219 (3.91%) over the last 12 months.

Over the last year, there were 2,977 residential property sales – a decrease of 1,131 transactions (-37.99%) relative to the previous year. The majority of house sales (809) were in the £170,000 - £220,000 range. Then came properties in the £220,000 - £270,000 range, where 525 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,243 (-2%).

In June 2024, there were 533 new estate agency instructions, 438 agreed home sales and 268 property price reductions.

5-Year Average Property Prices in Plymouth

23.22%

Property prices in Plymouth increased by 23.22% 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 Plymouth Over the Last Year

3.91%

Property prices in Plymouth increased by 3.91% 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 Plymouth - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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 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 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 Plymouth since 1995

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

Recent Property Sales in Plymouth

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
24 Fremantle Gardens, Plymouth, City Of Plymouth, PL2 1JW	£88,000	£87,500	-£500	13 Mar 2024	24 May 2024	72 Days
123 Truro Drive, Plymouth, City Of Plymouth, PL5 4TR	£180,000	£175,000	-£5,000	29 Jan 2024	17 May 2024	109 Days
1 Hazel Close, Plymouth, City Of Plymouth, PL6 6HL	£300,000	£290,000	-£10,000	04 Jan 2024	15 May 2024	132 Days
61 Haddington Road, Plymouth, City Of Plymouth, PL2 1RW	£350,000	£350,000	£00	04 Sep 2023	14 May 2024	253 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
117 Sheridan Road, Plymouth, City Of Plymouth, PL5 3HB	£100,000	£96,000	-£4,000	08 Feb 2024	10 May 2024	92 Days
73 Thames Gardens, Plymouth, City Of Plymouth, PL3 6HE	£230,000	£225,000	-£5,000	22 Aug 2023	10 May 2024	262 Days
34 Rougemont Close, Plymouth, City Of Plymouth, PL3 6QY	£190,000	£182,500	-£7,500	20 Dec 2023	10 May 2024	142 Days
27 Foxwood Gardens, Plymstock, Plymouth, City Of Plymouth, PL9 9HX	£300,000	£290,000	-£10,000	19 Feb 2024	10 May 2024	81 Days
94 Elburton Road, Plymouth, City Of Plymouth, PL9 8JB	£299,950	£299,950	£00	19 Feb 2024	10 May 2024	81 Days
29 Laira Park Place, Plymouth, City Of Plymouth, PL4 7HT	£165,000	£164,000	-£1,000	12 Jan 2024	09 May 2024	118 Days
28 Ferrers Road, Plymouth, City Of Plymouth, PL5 1TX	£165,000	£165,000	£00	07 Mar 2024	08 May 2024	62 Days
14 Tretower Close, Derriford, Plymouth, City Of Plymouth, PL6 6BH	£435,000	£420,000	-£15,000	18 Oct 2023	07 May 2024	202 Days
32 Consort Close, Plymouth, City Of Plymouth, PL3 5TX	£325,000	£320,000	-£5,000	31 Aug 2023	07 May 2024	250 Days
18 Potters Way, Plymouth, City Of Plymouth, PL7 1QP	£230,000	£225,000	-£5,000	08 Jan 2024	03 May 2024	116 Days
8 Churchlands Close, Plymouth, Devon, PL6 7RX	£200,000	£200,000	£00	27 Jan 2024	03 May 2024	97 Days
96 Reddington Road, Plymouth, City Of Plymouth, PL3 6PT	£230,000	£228,500	-£1,500	29 Feb 2024	03 May 2024	64 Days
42 Thornyville Villas, Plymouth, City Of Plymouth, PL9 7LB	£350,000	£350,000	£00	22 Nov 2023	03 May 2024	163 Days
79 Stanborough Road, Plymouth, City Of Plymouth, PL9 8TN	£325,000	£300,000	-£25,000	29 Jan 2024	03 May 2024	95 Days
10b, River View, Prince Rock, Plymouth, City Of Plymouth, PL4 9NR	£130,000	£130,000	£00	10 Jan 2024	03 May 2024	114 Days

Most Expensive Streets in Plymouth

Postcode	Street	Area	Average	No. of Sales
PL3 5BG	Seymour Drive	Plymouth	£914,500	3
PL6 6AA	Powisland Drive	Plymouth	£778,333	6
PL3 4SP	Mannamead Avenue	Plymouth	£773,500	4
PL6 8AR	Parkfield Drive	Plymouth	£723,333	3
PL3 5RA	Russell Avenue	Plymouth	£698,333	6
PL6 8AP	Beechwood Rise	Plymouth	£664,611	9
PL3 4TG	Thorn Park	Plymouth	£629,000	6
PL4 0BN	North East Quay	Plymouth	£629,000	5
PL1 3TG	Custom House Lane	Plymouth	£620,000	4
PL1 5NZ	Collingwood Villas	Plymouth	£617,500	4

Least Expensive Streets in Plymouth

Postcode	Street	Area	Average	No. of Sales
PL4 6NG	Central Park Avenue	Plymouth	£41,333	3
PL4 0AY	Cattedown Road	Plymouth	£48,266	3
PL4 8AF	Constantine Street	Plymouth	£56,500	5
PL4 9BQ	Marvell Lane	Plymouth	£58,480	19
PL4 8BD	Regent Street	Plymouth	£58,573	17
PL2 1QX	Keyham Road	Plymouth	£59,500	3
PL4 8AR	Regent Street	Plymouth	£62,571	7
PL1 3HR	Union Street	Plymouth	£73,333	3
PL2 1SG	St Leo Place	Plymouth	£73,500	4
PL1 1SL	Morley Court	Plymouth	£80,250	4