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Plymouth House Prices Plymouth House Prices

The average house price in Plymouth is £225,103 using HM Land Registry data.

The average property price increased by £48,178 (24.54%) over the last 5 years and increased by £9,629 (4.1%) over the last 12 months.

Over the last year, there were 2,991 residential property sales – a decrease of 1,301 transactions (-43.50%) relative to the previous year. The majority of house sales (815) were in the £170,000 - £220,000 range. Then came properties in the £120,000 - £170,000 range, where 527 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,243 (-2%).

In April 2024, there were 596 new estate agency instructions, 435 agreed home sales and 273 property price reductions.

Postcodes Covered: PL1, PL2, PL3, PL4, PL5, PL6, PL7, PL9

5-Year Average Property Prices in Plymouth

24.54%

Property prices in Plymouth increased by 24.54% 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

4.1%

Property prices in Plymouth increased by 4.1% 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 Plymouth - April 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Blackstone Close, Plymouth, City Of Plymouth, PL9 8UQ£299,950£294,950-£5,00008 Feb 202422 Mar 202443 Days
65 St Margarets Road, Plymouth, City Of Plymouth, PL7 4SA£270,000£268,000-£2,00008 Dec 202321 Mar 2024104 Days
18 Linton Road, Tamerton Foliot, Plymouth, City Of Plymouth, PL5 4PG£125,000£118,000-£7,00027 Oct 202315 Mar 2024140 Days
48 Orchard Road, Plymouth, City Of Plymouth, PL2 2QZ£210,000£205,000-£5,00015 Sep 202315 Mar 2024182 Days
5 Ashery Drive, Plymouth, City Of Plymouth, PL9 9PB£169,950£120,000-£49,95010 Feb 201815 Mar 20242225 Days
18 Holloway Gardens, Plymouth, City Of Plymouth, PL9 9TS£169,950£165,500-£4,45021 Nov 202315 Mar 2024115 Days
24 Homer Rise, Plymouth, City Of Plymouth, PL9 8NE£450,000£450,000£0005 Dec 202315 Mar 2024101 Days
14 Holcombe Drive, Plymouth, City Of Plymouth, PL9 9JD£315,000£303,000-£12,00030 Nov 202315 Mar 2024106 Days
19 Netton Close, Plymouth, City Of Plymouth, PL9 8UL£325,000£320,000-£5,00020 Oct 202315 Mar 2024147 Days
9 Lalebrick Road, Plymouth, City Of Plymouth, PL9 9RU£325,000£325,000£0006 Apr 202312 Mar 2024341 Days
26 Revell Park Road, Plymouth, City Of Plymouth, PL7 4EJ£235,000£230,000-£5,00019 Sep 202308 Mar 2024171 Days
46 Greystoke Avenue, Plymouth, City Of Plymouth, PL6 5UN£180,000£180,000£0023 Oct 202308 Mar 2024137 Days
2 Springfield Road, Plymouth, City Of Plymouth, PL9 8ED£525,000£510,000-£15,00009 Oct 202308 Mar 2024151 Days
1 Lang Grove, Plymouth, City Of Plymouth, PL9 8NP£399,950£380,000-£19,95006 Apr 202307 Mar 2024336 Days
84 Fort Austin Avenue, Plymouth, City Of Plymouth, PL6 5JW£350,000£340,000-£10,00012 Oct 202301 Mar 2024141 Days
3 Morley View Road, Plymouth, City Of Plymouth, PL7 4JY£410,000£395,000-£15,00012 Sep 202329 Feb 2024170 Days
22 Dunstone Close, Plymouth, City Of Plymouth, PL9 8SG£295,000£290,000-£5,00022 Aug 202329 Feb 2024191 Days
34 Bernice Terrace, Plymouth, City Of Plymouth, PL4 7HW£175,000£170,000-£5,00008 Aug 202329 Feb 2024205 Days
9 Churchill Way, Plymouth, City Of Plymouth, PL3 4PR£250,000£237,000-£13,00014 Jul 202328 Feb 2024229 Days
25 School Close, Plymouth, City Of Plymouth, PL7 4HP£300,000£297,250-£2,75012 Oct 202326 Feb 2024137 Days

Most Expensive Streets in Plymouth

PostcodeStreetAreaAverageNo. of Sales
PL3 5BGSeymour DrivePlymouth£810,8754
PL6 6AAPowisland DrivePlymouth£778,3336
PL3 4SPMannamead AvenuePlymouth£773,5004
PL6 8ARParkfield DrivePlymouth£723,3333
PL3 5QYBainbridge AvenuePlymouth£710,8333
PL3 5RARussell AvenuePlymouth£698,3336
PL3 4TGThorn ParkPlymouth£629,0006
PL4 0BNNorth East QuayPlymouth£629,0005
PL6 8APBeechwood RisePlymouth£626,34610
PL6 6AJCaradon CloseDerriford£624,5004

Least Expensive Streets in Plymouth

PostcodeStreetAreaAverageNo. of Sales
PL4 6NGCentral Park AvenuePlymouth£41,3333
PL4 0AYCattedown RoadPlymouth£48,2663
PL1 5JASt. Peters CourtKing Street, Plymouth£58,3753
PL4 8BDRegent StreetPlymouth£58,37518
PL4 9BQMarvell LanePlymouth£58,48019
PL2 1QXKeyham RoadPlymouth£59,5003
PL4 8AFConstantine StreetPlymouth£59,5836
PL4 8ARRegent StreetPlymouth£62,2508
PL1 3HRUnion StreetPlymouth£73,3333
PL2 1SGSt Leo PlacePlymouth£73,5004

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