Local market reports › PL area › PL1
Plymouth City Centre market report PL1, Plymouth
The PL1 (Plymouth City Centre) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 13,356 registered sales in PL1 (Plymouth) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 139 registered 2026 sales put the PL1 (Plymouth) median at £165,000, down 13% on five years earlier, with a mean of £195,500, and by floor area homes here have averaged about £2,570 per square metre over the last five years. Everything rests on 13,356 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
The postcode district PL1 covering Plymouth City Centre, Barbican, Devonport sits in Plymouth. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where PL1 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 prices, from the sold record
The 2026 median for PL1 is £165,000, taken from 139 registered sales. The mean, which is what most sites call the "average house price", is £195,500, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
What a square metre costs in PL1
Averaged across five years of sales, floor space in PL1 costs about £2,570 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Set against the £285,000 England and Wales median, PL1 sits 42% below the national market.
A typical PL1 home, priced year by year (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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £165,000 | £165,000 | 139 |
| 2025 | £185,000 | £189,424 | 319 |
| 2024 | £180,000 | £191,377 | 369 |
| 2023 | £175,000 | £192,282 | 371 |
| 2022 | £175,000 | £205,207 | 557 |
| 2021 | £190,000 | £240,565 | 577 |
| 2020 | £183,000 | £237,446 | 359 |
| 2019 | £166,000 | £217,586 | 350 |
| 2018 | £157,000 | £209,284 | 428 |
| 2017 | £156,000 | £212,768 | 457 |
| 2016 | £152,500 | £213,349 | 552 |
| 2015 | £156,800 | £221,558 | 549 |
| 2014 | £150,000 | £212,801 | 462 |
| 2013 | £141,200 | £203,173 | 367 |
| 2012 | £139,000 | £204,591 | 320 |
| 2011 | £135,000 | £203,798 | 296 |
| 2010 | £145,000 | £227,397 | 378 |
| 2009 | £147,000 | £236,304 | 376 |
| 2008 | £135,000 | £221,294 | 380 |
| 2007 | £142,000 | £240,872 | 531 |
| 2006 | £143,500 | £249,098 | 590 |
| 2005 | £120,000 | £213,552 | 588 |
| 2004 | £112,800 | £204,867 | 474 |
| 2003 | £94,600 | £174,276 | 552 |
| 2002 | £65,000 | £122,297 | 521 |
| 2001 | £55,500 | £106,696 | 472 |
| 2000 | £49,000 | £96,163 | 473 |
| 1999 | £44,400 | £88,487 | 389 |
| 1998 | £38,900 | £78,522 | 344 |
| 1997 | £40,500 | £83,057 | 315 |
| 1996 | £33,500 | £70,650 | 271 |
| 1995 | £37,200 | £80,867 | 230 |
In cash terms the typical PL1 home went from £37,200 in 1995 to £165,000 in 2026, roughly 4 times the price. Inflation explains only part of it: in today's money the rise is still about 104%, a genuine increase in what a home here costs. The real-terms peak came in 2006, and today's median remains roughly 34% under it: a 2006 buyer is still waiting to get that price back in today's money.
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.
The strongest year on record here is 2003 (+45.5% on the year before); the weakest, 2026 (−10.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 61% of the typed total. In 2020, the last year both were recorded here, a detached home traded at £190,000 against £155,000 for a flat, a 23% premium.
Median by property type, PL1
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £190,000 (2020) | – | 85 |
| Semi-detached | £226,000 (2024) | – | 361 |
| Terraced | £235,000 | 41 | 4,734 |
| Flats | £147,000 | 92 | 8,097 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −10.8% | −12.9% |
| 5 years (since 2021) | −2.8% | −7.3% |
| 10 years (since 2016) | +0.8% | −2.5% |
| 20 years (since 2006) | +0.7% | −2.0% |
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.
How many homes change hands in PL1
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
PL1 recorded 278 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 525 sales a year before the financial crisis and 351 a year over the last five. 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.
Rents around PL1
The local authority for PL1 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.
Set against the £165,000 median sold price, £994 a month is £11,928 a year, a gross yield of 7.2%: 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.
How PL1 trades
PL1 is currently the cheapest district of its postcode area by median price, which cuts both ways: the lowest entry price, and the least priced-in expectation.
Asked and answered: PL1 (Plymouth City Centre)
How much did a house sell for in PL1 (Plymouth City Centre)?
Are property prices falling in PL1 (Plymouth City Centre)?
Is PL1 (Plymouth City Centre) a good place to buy a house?
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 13% over five years in cash but down 31% 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.
PL1's current homes for sale
Everything above is what homes in PL1 sold for. The live side of the market holds 151 homes at the moment, listed by 11 agents publishing to HomesIndex, at a typical asking price 3% below the PL1 median sold price.
Of everything listed here, 32% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- White Lane, The Barbican, Plymouth, Plymouth
- North Road West, Plymouth, Devon, PL1
- Theatre Ope, Plymouth, Devon, PL1
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every PL1 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in PL: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the PL area. 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
PL1 ranks 32 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.
PL area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside PL1, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PL1 2 | £160,000 | 15 |
| PL1 3 | £180,000 | 35 |
| PL1 4 | £162,000 | 54 |
| PL1 5 | £153,000 | 35 |
How PL1 compares nearby
Same city, different markets. The dearest districts of the PL area, and PL1 itself, which ranks 35 of 35 by median price:
| District | Median | 5-year |
|---|---|---|
| PL28 | £525,000 | +9% |
| PL23 | £506,800 | +30% |
| PL8 | £392,500 | -16% |
| PL34 | £370,000 | +28% |
| PL30 | £367,500 | +1% |
| PL29 | £340,000 | -39% |
| PL27 | £332,500 | +4% |
| PL20 | £323,500 | +5% |
| PL16 | £322,600 | -3% |
| PL10 | £308,500 | +16% |
| PL21 | £305,000 | +7% |
| PL9 | £300,000 | +11% |
| PL13 | £300,000 | +3% |
| PL17 | £294,400 | +13% |
| PL12 | £278,500 | +14% |
| PL22 | £270,000 | -10% |
| PL19 | £267,200 | -12% |
| PL7 | £265,500 | +15% |
| PL3 | £265,000 | +20% |
| PL25 | £260,000 | +6% |
| PL33 | £257,500 | +5% |
| PL26 | £256,800 | +7% |
| PL35 | £255,000 | -23% |
| PL1 (this report) | £165,000 | -13% |
Selling a home in PL1? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in PL1, use the average prices map for a rough value: zoom from PL1's shading down to the sold homes on your own street. The figures above are every recorded PL1 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim PL1.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PL1. Free, with a one click sign in.
Two maps carry on from here: every PL1 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.