Key indicators for buyers
The PL5 market is moderately favourable for buyers. Affordability has improved from a peak of 7.3x in 2021 to 6.2x today. Rising rents (£982/mo, +5.2%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider City of Plymouth area
A home in City of Plymouth costs 6.2x the local median salary — moderate, improving from a peak of 7.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider City of Plymouth area
Average monthly rent in City of Plymouth is £982, up 5.2% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average City of Plymouth price of £205,917 with a 25% deposit (£51k), a 2-year fixed mortgage at 3.97% costs around £813 per month.
Monthly cost comparison based on current data
Uses PL5 avg. price with City of Plymouth rental data
Monthly mortgage payments (£813) are £169 less than renting (£982). However, buying requires an upfront deposit of £51k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
3, BARRIE GARDENS PL5 3DW | Semi-detached | £190,000 | 23 Jan 2026 |
36, JACKSON CLOSE PL5 1AS | Terraced | £165,000 | 23 Jan 2026 |
4, YORK ROAD PL5 1AT | Terraced | £215,000 | 19 Jan 2026 |
25, LAKE VIEW CLOSE PL5 4LT | Terraced | £190,000 | 16 Jan 2026 |
3, DALTON GARDENS PL5 2DS | Terraced | £172,500 | 16 Jan 2026 |
23, CHESTERTON CLOSE PL5 3SB | Terraced | £166,000 | 16 Jan 2026 |
18, ABERDEEN AVENUE PL5 3UG | Semi-detached | £225,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in PL5 sold for £205,917 in 2026, with a median of £206,000 across 12 transactions. Prices rose 1.3% compared to the previous year.
| 16 Jan 2026 |
57, CARDINAL AVENUE PL5 1UN | Semi-detached | £197,000 | 9 Jan 2026 |
36, CONRAD ROAD PL5 3HJ | Terraced | £230,000 | 9 Jan 2026 |
9, BLAIRGOWRIE ROAD PL5 1NP | Semi-detached | £266,000 | 9 Jan 2026 |
334, ST PETERS ROAD PL5 3DR | Terraced | £222,500 | 9 Jan 2026 |
30, QUEENS ROAD, HIGHER ST BUDEAUX PL5 2NN | Semi-detached | £232,000 | 9 Jan 2026 |
3, KIRKWALL ROAD PL5 3TE | Terraced | £170,000 | 22 Dec 2025 |
23, JUBILEE ROAD PL5 2PQ | Semi-detached | £230,000 | 19 Dec 2025 |
64, FOULSTON AVENUE PL5 1HJ | Semi-detached | £215,000 | 19 Dec 2025 |
763, WOLSELEY ROAD PL5 1JN | Semi-detached | £210,000 | 19 Dec 2025 |
3, RAMILLIES AVENUE PL5 2NU | Semi-detached | £227,000 | 19 Dec 2025 |
24, BICKHAM ROAD PL5 1SA | Semi-detached | £280,000 | 19 Dec 2025 |
13, NORTHUMBERLAND STREET PL5 1AY | Terraced | £210,000 | 19 Dec 2025 |
22, BARNE CLOSE PL5 1DZ | Flat/Maisonette | £90,000 | 19 Dec 2025 |
The most recent recorded sale in PL5 was a semi-detached property on Barrie Gardens for £190,000 in January 2026. Across the last 20 sales, the median price was £215,000.