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Plymouth City Centre market report PL1 3, Plymouth
The PL1 3 (Plymouth City Centre) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 3,881 sales recorded by HM Land Registry in PL1 3 (Plymouth) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical PL1 3 (Plymouth) home changed hands for £180,000 in 2026 (median of 35 registered sales, down 17% on five years earlier), with the mean at £220,900, and by floor area homes here have averaged about £2,890 per square metre over the last five years. Source: 3,881 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
PL1 3 is a postcode sector: one group of streets inside PL1 (Plymouth). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where PL1 3 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's PL1 3 prices, from the sold record
The 2026 median for PL1 3 is £180,000, taken from 35 registered sales. The mean, which is what most sites call the "average house price", is £220,900, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
House prices per square metre in PL1 3
Per square metre, PL1 3 homes have averaged around £2,890 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
The national median for England and Wales is £285,000, which puts PL1 3 37% below the country at large.
A typical PL1 3 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £180,000 | £180,000 | 35 |
| 2025 | £245,000 | £250,859 | 96 |
| 2024 | £220,000 | £233,905 | 113 |
| 2023 | £183,000 | £201,072 | 114 |
| 2022 | £220,000 | £257,975 | 210 |
| 2021 | £218,000 | £276,016 | 236 |
| 2020 | £201,500 | £261,450 | 152 |
| 2019 | £177,800 | £233,053 | 120 |
| 2018 | £183,000 | £243,942 | 124 |
| 2017 | £160,000 | £218,224 | 142 |
| 2016 | £175,000 | £244,827 | 165 |
| 2015 | £154,500 | £218,309 | 206 |
| 2014 | £165,000 | £234,081 | 193 |
| 2013 | £157,000 | £225,907 | 109 |
| 2012 | £160,000 | £235,500 | 68 |
| 2011 | £152,500 | £230,216 | 69 |
| 2010 | £155,000 | £243,080 | 116 |
| 2009 | £148,000 | £237,911 | 166 |
| 2008 | £160,000 | £262,274 | 122 |
| 2007 | £183,000 | £310,419 | 102 |
| 2006 | £180,000 | £312,457 | 151 |
| 2005 | £170,000 | £302,531 | 169 |
| 2004 | £142,000 | £257,900 | 107 |
| 2003 | £118,200 | £217,753 | 101 |
| 2002 | £85,500 | £160,868 | 94 |
| 2001 | £76,800 | £147,644 | 116 |
| 2000 | £70,000 | £137,375 | 122 |
| 1999 | £54,800 | £109,214 | 103 |
| 1998 | £43,800 | £88,413 | 92 |
| 1997 | £45,000 | £92,286 | 63 |
| 1996 | £50,000 | £105,448 | 69 |
| 1995 | £49,800 | £108,258 | 36 |
In cash terms the typical PL1 3 home went from £49,800 in 1995 to £180,000 in 2026, roughly 3.6 times the price. Adjusted for inflation it still comes to a real rise of roughly 66%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2006, and today's median remains roughly 42% under it: a 2006 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PL1 3 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+38.2% on the year before); the weakest, 2026 (−26.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −26.5% | −28.2% |
| 5 years (since 2021) | −3.8% | −8.2% |
| 10 years (since 2016) | +0.3% | −3.0% |
| 20 years (since 2006) | 0.0% | −2.7% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
PL1 3 recorded 35 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 114 sales a year recently, against 120 a year before 2008. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What homes rent for around PL1 3
The local authority for PL1 3 is Plymouth, and its ONS average private rent currently stands at £994 a month (May 2026 figures). A one-bed averages £698 a month here and a four-or-more-bed £1,479, so size does most of the work in setting the rent.
Average monthly rent by size, Plymouth
ONS Price Index of Private Rents, May 2026.
Against the £180,000 median purchase price, a rent of £994 a month (£11,928 a year) works out at a 6.6% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Reading the PL1 3 market
This is a thin market: 35 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the PL1 district median, PL1 3 sits 9% higher, marking it as a dearer pocket of the district.
What people ask about PL1 3 (Plymouth City Centre)
Is PL1 3 (Plymouth City Centre) a good place to buy a house?
How much did a house sell for in PL1 3 (Plymouth City Centre)?
Are property prices falling in PL1 3 (Plymouth City Centre)?
What happens to PL1 3 prices now?
The record answers a different question than "what happens next": the median is down 17% over five years in cash but down 35% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in PL1 right now
The live side of the market holds 151 homes at the moment, listed by 11 agents publishing to HomesIndex.
These cover the whole PL1 district, not just PL1 3: live asking prices are collected per district.
32% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- White Lane, The Barbican, Plymouth, Plymouth
- North Road West, Plymouth, Devon, PL1
- Theatre Ope, Plymouth, Devon, PL1
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every PL1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in PL: the cost
Real sold prices by size across the PL area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £295,000 | £396,000 (+34%) | £575,000 (+45%) | £775,000 (+35%) |
| Semi-detached | £199,750 | £237,500 (+19%) | £283,500 (+19%) | £370,000 (+31%) | £487,500 (+32%) |
| Terraced | £179,000 | £200,000 (+12%) | £230,000 (+15%) | £274,750 (+19%) | £358,000 (+30%) |
| Flat | £120,000 | £152,000 (+27%) | £260,000 (+71%) | £445,000 (+71%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the PL area is the point: the same five years treated these districts very differently.
Five-year change in the median, PL area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in PL1
A few minutes' walk can separate two very different markets. Here are PL1's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PL1 2 | £160,000 | 15 |
| PL1 4 | £162,000 | 54 |
| PL1 5 | £153,000 | 35 |
Zoom out to the full PL1 district report for the type split, monthly volumes and how PL1 compares with its neighbours.
Selling a home in PL1 3? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in PL1 3, open the average prices map and zoom from the PL1 3 shading down to the sold homes on your own street. Every recorded PL1 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working PL1 3: the featured spot on this report is free for founding agents, one per district. Claim PL1 3.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PL1 3. Free, with a one click sign in.
Two maps carry on from here: every PL1 3 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.