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PL1 local market report Plymouth

Every figure on this page comes from the public record: 14,711 sales registered with HM Land Registry in PL1 (Plymouth) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

PL1 is the postcode district covering Plymouth City Centre, Barbican, Devonport in Plymouth. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where PL1 sits

Click the map to open PL1 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

PL2PL4PL3PL10PL9PL11PL8PL1
£155,000median sold price, 2026
-14%five-year change (cash)
362sales in the last 12 months
7.7%gross rental yield (est.)

What a home in PL1 sells for

The 2026 median in PL1 is £155,000, from 123 registered sales; the mean, £191,000, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so PL1 trades 43% below the country as a whole.

The price of a typical PL1 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £37,200 at the time · £78,978 in today's money · 230 sales1996: £33,500 at the time · £69,000 in today's money · 271 sales1997: £40,500 at the time · £81,118 in today's money · 315 sales1998: £38,900 at the time · £76,689 in today's money · 344 sales1999: £44,400 at the time · £86,420 in today's money · 389 sales2000: £49,000 at the time · £93,917 in today's money · 473 sales2001: £55,500 at the time · £104,204 in today's money · 472 sales2002: £65,000 at the time · £119,441 in today's money · 521 sales2003: £94,600 at the time · £170,206 in today's money · 552 sales2004: £112,800 at the time · £200,082 in today's money · 474 sales2005: £120,000 at the time · £208,564 in today's money · 588 sales2006: £143,500 at the time · £243,280 in today's money · 590 sales2007: £142,000 at the time · £235,246 in today's money · 531 sales2008: £135,000 at the time · £216,125 in today's money · 380 sales2009: £147,000 at the time · £230,785 in today's money · 378 sales2010: £145,000 at the time · £222,087 in today's money · 378 sales2011: £135,000 at the time · £199,038 in today's money · 296 sales2012: £139,000 at the time · £199,813 in today's money · 320 sales2013: £140,600 at the time · £197,585 in today's money · 384 sales2014: £149,000 at the time · £206,446 in today's money · 507 sales2015: £153,000 at the time · £211,140 in today's money · 655 sales2016: £151,000 at the time · £206,317 in today's money · 660 sales2017: £160,000 at the time · £213,127 in today's money · 557 sales2018: £158,000 at the time · £205,698 in today's money · 541 sales2019: £167,000 at the time · £213,785 in today's money · 462 sales2020: £175,000 at the time · £221,763 in today's money · 464 sales2021: £180,000 at the time · £222,581 in today's money · 742 sales2022: £177,500 at the time · £203,278 in today's money · 702 sales2023: £172,500 at the time · £185,109 in today's money · 511 sales2024: £180,000 at the time · £186,907 in today's money · 490 sales2025: £181,000 at the time · £181,000 in today's money · 411 sales2026: £155,000 at the time · £155,000 in today's money · 123 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£155,000£155,000123
2025£181,000£181,000411
2024£180,000£186,907490
2023£172,500£185,109511
2022£177,500£203,278702
2021£180,000£222,581742
2020£175,000£221,763464
2019£167,000£213,785462
2018£158,000£205,698541
2017£160,000£213,127557
2016£151,000£206,317660
2015£153,000£211,140655
2014£149,000£206,446507
2013£140,600£197,585384
2012£139,000£199,813320
2011£135,000£199,038296
2010£145,000£222,087378
2009£147,000£230,785378
2008£135,000£216,125380
2007£142,000£235,246531
2006£143,500£243,280590
2005£120,000£208,564588
2004£112,800£200,082474
2003£94,600£170,206552
2002£65,000£119,441521
2001£55,500£104,204472
2000£49,000£93,917473
1999£44,400£86,420389
1998£38,900£76,689344
1997£40,500£81,118315
1996£33,500£69,000271
1995£37,200£78,978230

In cash terms the typical PL1 home went from £37,200 in 1995 to £155,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 96%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2006; the current median sits about 36% below that. Someone who bought at the 2006 peak has not yet seen that price back in real terms.

Year-on-year change in the PL1 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · −9.9% on the year before1997 · +20.9% on the year before1998 · −4.0% on the year before1999 · +14.1% on the year before2000 · +10.4% on the year before2001 · +13.3% on the year before2002 · +17.1% on the year before2003 · +45.5% on the year before2004 · +19.2% on the year before2005 · +6.4% on the year before2006 · +19.6% on the year before2007 · −1.0% on the year before2008 · −4.9% on the year before2009 · +8.9% on the year before2010 · −1.4% on the year before2011 · −6.9% on the year before2012 · +3.0% on the year before2013 · +1.2% on the year before2014 · +6.0% on the year before2015 · +2.7% on the year before2016 · −1.3% on the year before2017 · +6.0% on the year before2018 · −1.3% on the year before2019 · +5.7% on the year before2020 · +4.8% on the year before2021 · +2.9% on the year before2022 · −1.4% on the year before2023 · −2.8% on the year before2024 · +4.3% on the year before2025 · +0.6% on the year before2026 · −14.4% on the year before200020052010201520202026

The strongest year on record here is 2003 (+45.5% on the year before); the weakest, 2026 (−14.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−14.4%−14.4%
5 years (since 2021)−2.9%−7.0%
10 years (since 2016)+0.3%−2.8%
20 years (since 2006)+0.4%−2.2%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

5001,000 1995: 230 sales1996: 271 sales1997: 315 sales1998: 344 sales1999: 389 sales2000: 473 sales2001: 472 sales2002: 521 sales2003: 552 sales2004: 474 sales2005: 588 sales2006: 590 sales2007: 531 sales2008: 380 sales2009: 378 sales2010: 378 sales2011: 296 sales2012: 320 sales2013: 384 sales2014: 507 sales2015: 655 sales2016: 660 sales2017: 557 sales2018: 541 sales2019: 462 sales2020: 464 sales2021: 742 sales2022: 702 sales2023: 511 sales2024: 490 sales2025: 411 sales2026: 123 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

50100 June 2021 · 85 sales registeredJuly 2021 · 46 sales registeredAugust 2021 · 58 sales registeredSeptember 2021 · 99 sales registeredOctober 2021 · 47 sales registeredNovember 2021 · 69 sales registeredDecember 2021 · 59 sales registeredJanuary 2022 · 47 sales registeredFebruary 2022 · 68 sales registeredMarch 2022 · 83 sales registeredApril 2022 · 47 sales registeredMay 2022 · 65 sales registeredJune 2022 · 57 sales registeredJuly 2022 · 60 sales registeredAugust 2022 · 55 sales registeredSeptember 2022 · 61 sales registeredOctober 2022 · 39 sales registeredNovember 2022 · 47 sales registeredDecember 2022 · 73 sales registeredJanuary 2023 · 45 sales registeredFebruary 2023 · 41 sales registeredMarch 2023 · 50 sales registeredApril 2023 · 37 sales registeredMay 2023 · 32 sales registeredJune 2023 · 47 sales registeredJuly 2023 · 28 sales registeredAugust 2023 · 48 sales registeredSeptember 2023 · 50 sales registeredOctober 2023 · 54 sales registeredNovember 2023 · 49 sales registeredDecember 2023 · 30 sales registeredJanuary 2024 · 40 sales registeredFebruary 2024 · 35 sales registeredMarch 2024 · 34 sales registeredApril 2024 · 48 sales registeredMay 2024 · 39 sales registeredJune 2024 · 34 sales registeredJuly 2024 · 40 sales registeredAugust 2024 · 40 sales registeredSeptember 2024 · 38 sales registeredOctober 2024 · 53 sales registeredNovember 2024 · 36 sales registeredDecember 2024 · 53 sales registeredJanuary 2025 · 22 sales registeredFebruary 2025 · 35 sales registeredMarch 2025 · 67 sales registeredApril 2025 · 28 sales registeredMay 2025 · 20 sales registeredJune 2025 · 34 sales registeredJuly 2025 · 46 sales registeredAugust 2025 · 40 sales registeredSeptember 2025 · 30 sales registeredOctober 2025 · 29 sales registeredNovember 2025 · 35 sales registeredDecember 2025 · 25 sales registeredJanuary 2026 · 26 sales registeredFebruary 2026 · 21 sales registeredMarch 2026 · 41 sales registeredApril 2026 · 22 sales registeredMay 2026 · 13 sales registered

PL1 recorded 362 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 447 sales a year recently, against 525 a year before 2008. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around PL1

PL1 falls under Plymouth, where the ONS puts the average private rent 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.

1 bed: £698 a month£6981 bed2 bed: £876 a month£8762 bed3 bed: £1,052 a month£1,0523 bed4+ bed: £1,479 a month£1,4794+ bed

Set against the £155,000 median sold price, £994 a month is £11,928 a year, a gross yield of 7.7%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will PL1 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 14% over five years in cash but down 30% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

PL1 ranks 31 of 35 in the PL area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

Five-year change in the median, PL area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

PL28PL28 · +24% over five years · median £572,500+24%PL5PL5 · +23% over five years · median £197,000+23%PL7PL7 · +19% over five years · median £268,000+19%PL2PL2 · +18% over five years · median £200,000+18%PL10PL10 · +16% over five years · median £298,500+16%PL1PL1 · −14% over five years · median £155,000−14%PL19PL19 · −15% over five years · median £260,000−15%PL22PL22 · −17% over five years · median £245,800−17%PL35PL35 · −19% over five years · median £266,500−19%PL23PL23 · −33% over five years · median £270,000−33%

Inside PL1, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
PL1 1£242,50012
PL1 2£147,50018
PL1 3£185,00023
PL1 4£149,50046
PL1 5£140,00035

How PL1 compares nearby

Same city, different markets. The neighbouring districts of the PL area, dearest first:

DistrictMedian5-year
PL28£572,500+24%
PL8£448,800-3%
PL29£425,000+4%
PL30£380,000+9%
PL27£345,000+9%
PL16£320,100-7%
PL21£311,500+11%
PL34£305,400+5%
PL13£305,000+9%
PL9£300,000+11%
PL10£298,500+16%
PL20£295,000-5%
PL17£275,000+6%
PL12£270,000+12%
PL18£270,000+2%
PL23£270,000-32%
PL7£268,000+19%
PL35£266,500-19%
PL19£260,000-15%
PL32£257,500+3%
PL26£250,000+4%
PL22£245,800-17%
PL3£245,000+11%
PL33£242,500-2%

Dig further

See every individual PL1 sale on the live map, mapped to the exact address, or the quick-reference PL1 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.