Key indicators for buyers
The PL8 market is moderately favourable for buyers. Prices have softened (-3.8%), 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
2025averages · 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 £560,313 with a 25% deposit (£140k), a 2-year fixed mortgage at 3.97% costs around £2,211 per month.
Monthly cost comparison based on current data
Uses PL8 avg. price with South Hams rental data
Monthly mortgage payments (£2,211) are £1,215 more than renting (£996). However, buying requires an upfront deposit of £140k — it would take around 105 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
20, TAPPERS LANE, YEALMPTON PL8 2PL | Semi-detached | £295,000 | 19 Dec 2025 |
62, STRAY PARK, YEALMPTON PL8 2HF | Detached | £565,000 | 12 Dec 2025 |
8, YEO PARK, YEALMPTON PL8 2LP | Semi-detached | £290,000 | 10 Dec 2025 |
HOLMROCK, STAMPS HILL, BRIXTON PL8 2DB | Detached | £347,500 | 9 Dec 2025 |
8, THE CRESCENT, BRIXTON PL8 2AP | Detached | £390,000 | 3 Dec 2025 |
3, ORCHARD ROAD, BRIXTON PL8 2FE | Detached | £612,500 | 1 Dec 2025 |
39, YEALM PARK, YEALMPTON PL8 2NR | 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 PL8 sold for £560,313 in 2025, with a median of £465,000 across 91 transactions. Prices fell 3.8% compared to the previous year.
| £285,000 |
| 27 Nov 2025 |
16, THE CRESCENT, BRIXTON PL8 2AP | Detached | £425,000 | 26 Nov 2025 |
12, ORCHARD ROAD, BRIXTON PL8 2FE | Detached | £505,000 | 25 Nov 2025 |
2, YEALM VIEW ROAD, NEWTON FERRERS PL8 1AN | Detached | £1,700,000 | 24 Nov 2025 |
2, BRAMLEY CLOSE, BRIXTON PL8 2FG | Semi-detached | £282,500 | 21 Nov 2025 |
33A, YEALM PARK, YEALMPTON PL8 2NR | Terraced | £240,000 | 21 Nov 2025 |
18, COURT ROAD, NEWTON FERRERS PL8 1DL | Detached | £750,000 | 5 Nov 2025 |
111, YEALM PARK, YEALMPTON PL8 2NS | Terraced | £260,000 | 30 Oct 2025 |
3, CHURCH CLOSE, YEALMPTON PL8 2HL | Terraced | £350,000 | 3 Oct 2025 |
8, ORCHARD ROAD, BRIXTON PL8 2FE | Detached | £465,000 | 2 Oct 2025 |
8, ARCHERS COURT, NEWTON FERRERS PL8 1BD | Detached | £850,000 | 1 Oct 2025 |
FLAT 5, NEWTON COURT, 23, COURT ROAD, NEWTON FERRERS PL8 1DR | Flat/Maisonette | £500,000 | 26 Sept 2025 |
ROSEHIP, HARESTON FARM BARNS, HARESTON PL8 2LD | Terraced | £515,000 | 15 Sept 2025 |
MONTROSE, YEALM ROAD, NEWTON FERRERS PL8 1AH | Detached | £460,000 | 15 Sept 2025 |
The most recent recorded sale in PL8 was a semi-detached property on Tappers Lane for £295,000 in December 2025. Across the last 20 sales, the median price was £460,000.