Key indicators for buyers
The PL21 market is moderately favourable for buyers. Prices have softened (-4.7%), which could present a buying opportunity. Affordability has improved from a peak of 13.3x in 2023 to 11.4x today. Rising rents (£996/mo, +3.8%) 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 South Hams area
A home in South Hams costs 11.4x the local median salary — very stretched, improving from a peak of 13.3x in 2023.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider South Hams area
Average monthly rent in South Hams is £996, up 3.8% 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 South Hams price of £323,931 with a 25% deposit (£81k), a 2-year fixed mortgage at 3.97% costs around £1,278 per month.
Monthly cost comparison based on current data
Uses PL21 avg. price with South Hams rental data
Monthly mortgage payments (£1,278) are £282 more than renting (£996). However, buying requires an upfront deposit of £81k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
7, YEOLLAND PARK PL21 0YP | Detached | £355,000 | 16 Jan 2026 |
28, WOODFIELD CRESCENT PL21 0FB | Detached | £275,000 | 16 Jan 2026 |
26, SAVERY CLOSE PL21 0JR | Terraced | £257,500 | 13 Jan 2026 |
27, HIGHER GREEN PARK, MODBURY PL21 0FZ | Semi-detached | £410,000 | 13 Jan 2026 |
4, BADGERS CLOSE PL21 9TN | Detached | £461,000 | 13 Jan 2026 |
4A, GLANVILLES MILL PL21 9PS | Flat/Maisonette | £177,950 | 9 Jan 2026 |
3, ROSE COTTAGES, CORNWOOD PL21 9QF | Terraced |
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 PL21 sold for £323,931 in 2026, with a median of £315,000 across 8 transactions. Prices fell 4.7% compared to the previous year.
| £235,000 |
| 9 Jan 2026 |
4, NEW GREEN STREET PL21 0GD | Detached | £420,000 | 5 Jan 2026 |
WHISPERS, BITTAFORD PL21 0ER | Detached | £385,000 | 22 Dec 2025 |
2, SOUTH VIEW, LUTTON PL21 9RX | Semi-detached | £210,000 | 19 Dec 2025 |
3, HILLSIDE, LUTTON PL21 9RY | Terraced | £158,000 | 19 Dec 2025 |
19, TOM MADDOCK GARDENS PL21 0WE | Detached | £302,500 | 18 Dec 2025 |
27, FURZELAND, FILHAM PL21 0XD | Detached | £475,000 | 17 Dec 2025 |
22, HENRY CLOSE, LEE MILL BRIDGE PL21 9EX | Semi-detached | £225,000 | 15 Dec 2025 |
14, SAVERY CLOSE PL21 0JR | Semi-detached | £332,500 | 14 Dec 2025 |
18, BORINGDON PARK, WOODLANDS PL21 9TY | Terraced | £219,000 | 12 Dec 2025 |
31, CRESCENT GARDENS PL21 0BS | Detached | £395,000 | 12 Dec 2025 |
6, THE SPINNEY, WOODLANDS PL21 9TU | Detached | £520,000 | 12 Dec 2025 |
16, LUTTERBURN STREET, UGBOROUGH PL21 0NG | Semi-detached | £355,000 | 11 Dec 2025 |
47, HARSTON ROAD PL21 9FU | Terraced | £257,500 | 10 Dec 2025 |
The most recent recorded sale in PL21 was a detached property on Yeolland Park for £355,000 in January 2026. Across the last 20 sales, the median price was £332,500.