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© 2026 UK House Prices. Data sourced from HM Land Registry.

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0.

Area guide

PL5 area guide — property prices & local market

Everything you need to know about buying property in the PL5 postcode area, covering Plymouth and surrounding areas. All price data sourced from HM Land Registry — updated July 2026.

PL5 area price snapshot

Average price

£122,101

Median price

£117,000

5-year trend

+34.5%

Total sales

19,610

The PL5 area has 809 individual postcodes with 19,610 registered sales. Prices are +69.2% below the national average, with the largest concentration in Plymouth. The five-year price movement is +34.5%.

About Plymouth

A historic naval city on the Devon coast with affordable housing, a strong maritime economy and direct trains to London Paddington.

🚆 Main station

Plymouth

⏱️ London commute

~165 min by train

View full Plymouth property data →

Market context

PL5 averages £122,101, placing it in the affordable category, +69.2% below the national average. Affordable areas can offer good value for first-time buyers and investors seeking lower entry points. The dataset includes 19,610 recorded sales across 809 postcodes.

The five-year price trend in PL5 is +34.5%, significantly outpacing many other areas. This level of growth may reflect improving local amenities, transport links or broader regeneration.

Buying tips for PL5

✅ Suitable for first-time buyers — average prices in PL5 start within a typical FTB budget. See the full first-time buyer guide →
  • 🎯First-time buyer schemes can help. Affordable areas may offer better value through Help to Buy, shared ownership or local authority schemes. Check eligibility alongside sold prices.
  • 🛤️Transport links affect long-term value. Affordable areas within commuting distance of major cities often see faster price growth. Check the town data pages for trend comparisons.
  • 🧮Factor in Stamp Duty. Use the Stamp Duty Calculator to estimate purchase costs based on the average price in PL5.
  • 🏘️Explore Plymouth. Much of the PL5 activity centres on Plymouth. Check the town-level data for more granular market analysis.
  • 💡Check individual postcodes. Average prices can mask significant variation between postcodes in the PL5 area. Browse the individual postcode pages to find properties that match your budget.
  • 💡Compare asking prices to sold prices. Use the Asking Price Checker to see whether a listing price aligns with local sold-price evidence.
  • 💡Use sold prices as evidence, not valuation. Historical data helps you understand market trends but does not replace a professional valuation by a qualified surveyor.

Top postcodes in PL5

PL5 3NZ

£84,973 avg · 213 sales

PL5 2HA

£100,217 avg · 194 sales

PL5 2HB

£100,956 avg · 187 sales

PL5 4PB

£91,587 avg · 164 sales

PL5 3RZ

£106,135 avg · 163 sales

PL5 4HH

£78,089 avg · 163 sales

PL5 4PS

£98,447 avg · 153 sales

PL5 3UG

£171,319 avg · 149 sales

PL5 1HZ

£60,322 avg · 133 sales

View all 809 postcodes in PL5 →

Useful tools for PL5 buyers

🧮

Stamp Duty ~£0

Avg £122,101 in PL5

Full guide →

📊

Asking Price Checker

Compare asking prices with sold-price evidence

📖

Stamp Duty Guide

Complete 2025 SDLT, LTT & LBTT guide

⚖️

Location Comparison

Compare PL5 with other areas

🏘️

Plymouth data

Full town-level property statistics

About this guide

This PL5 area guide is based on HM Land Registry Price Paid Data, covering registered residential property sales in England and Wales from January 1995 onwards. All figures are historical sold prices, not current valuations or asking prices.

Data last updated: July 2026 · View methodology

Frequently asked questions

What is the average house price in PL5?

The average sold price in the PL5 postcode area is £122,101, based on 19,610 HM Land Registry transactions. The largest town in this area is Plymouth.

How do PL5 house prices compare to the UK average?

Properties in PL5 average £122,101, which is +69.2% below the national average of £396,803 for England and Wales.

Is PL5 affordable compared to other postcode areas?

PL5 is +69.2% below the national average of £396,803 for England and Wales. With 809 postcodes, there is a wide range of property options and price points within this area.

How have PL5 house prices changed over 5 years?

Prices in PL5 have moved +34.5% over five years, reflecting broader UK house price growth. The large sample size gives confidence in this trend.

Are these area guide prices valuations or asking prices?

No. All figures on this page are historical completed sale prices from HM Land Registry Price Paid Data. They are not current valuations, estate agent asking prices, or financial advice. Always seek professional advice before making property decisions.

Related guides

Asking Price vs Sold Price in the UK

Understand the difference between asking prices and actual sold prices.

How to Use Sold Prices When Making an Offer

Use sold-price evidence to prepare for a UK property offer.

Down Valuations: What to Do

Respond to a low mortgage valuation with local sold-price evidence.

View all guides →