PL1 2LB is a residential postcode situated on Southside Street, Plymouth, PL1 with 16 addresses.
It ranks as the 356th largest and 328th most expensive of the 724 postcodes in the PL1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 16 properties: 5 houses and 11 flats.
PL1 2LB is a residential postcode situated on Southside Street, Plymouth, PL1 with 16 addresses.
It ranks as the 356th largest and 328th most expensive of the 724 postcodes in the PL1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 16 properties: 5 houses and 11 flats.
Sale prices range from £122,442 for 2 bedroom leasehold flats (473 ft2) to £245,437 for 3 bedroom freehold houses with a garden (925 ft2) .
Monthly rental prices range from £762 pcm for 2 bed flats to £1,027 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 7.5%.
The average value per square foot is £244.
The last sale in PL1 2LB sold for £175,000 on 26th May 2023. Since then prices are up an average of 4.7%.
The current average value in the postcode is £164,674.
The PL1 2LB Sales Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £164,674 |
| April 2025 | 4% | £160,802 |
| April 2024 | -1.6% | £154,654 |
| April 2023 | 1.7% | £157,238 |
| April 2022 | 7.6% | £154,606 |
| April 2021 | 6.1% | £143,695 |
| April 2020 | 1.9% | £135,419 |
| April 2019 | 0.3% | £132,882 |
| April 2018 | 2.1% | £132,543 |
| April 2017 | 1% | £129,833 |
| April 2016 | -1.2% | £128,559 |
| April 2015 | 3.3% | £130,135 |
| April 2014 | 3% | £126,022 |
| April 2013 | 0.5% | £122,367 |
| April 2012 | 3.5% | £121,724 |
| April 2011 | -5% | £117,574 |
| April 2010 | 5% | £123,825 |
| April 2009 | -10.8% | £117,934 |
| April 2008 | -1.1% | £132,209 |
| April 2007 | 0% | £133,634 |
The current average rental value in the postcode is £855.
The PL1 2LB Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £855pcm |
| April 2025 | 3% | £821pcm |
| April 2024 | 5.8% | £796pcm |
| April 2023 | 10% | £753pcm |
| April 2022 | 6.3% | £684pcm |
| April 2021 | 3.6% | £644pcm |
| April 2020 | 2.6% | £622pcm |
| April 2019 | 1.1% | £606pcm |
| April 2018 | -1.5% | £599pcm |
| April 2017 | 1.6% | £609pcm |
| April 2016 | -0.7% | £599pcm |
| April 2015 | 3.7% | £603pcm |
| April 2014 | 1.7% | £582pcm |
| April 2013 | 0.9% | £572pcm |
| April 2012 | 1.2% | £567pcm |
| April 2011 | 0.3% | £560pcm |
| April 2010 | 2% | £558pcm |
| April 2009 | -5.7% | £547pcm |
| April 2008 | 6.3% | £580pcm |
| April 2007 | 0% | £546pcm |
The last sale was on 26th May 2023 for £175,000 and since then the market in the area has increased by 4.7%. The postcode has had a total of 12 sales since 1995.
PL1 2LB has seen 1 sale in the last three years and no sales in the last twelve months.
PL1 2LB is the 356th largest and the 328th most expensive postcode out of the 724 postcodes in the PL1 area.
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The closest station to PL1 2LB is Plymouth station which is 1.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PL1 2LB, 46.0% of property is privately rented and 30.5% is socially rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PL1 2LB, 16.1% of residents are recorded as possessing school level qualifications and 41.5% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PL1 2LB, the average age was 32.4 and the most common age was 22.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PL1 2LB, 0.6% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PL1 2LB, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.