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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PL1 2LYHouse Prices / South West, Plymouth, New Street
Last updated May 2026
Key Postcode Insights
PL1 2LY is a residential postcode situated on New Street, Plymouth, PL1 with 6 addresses.
It ranks as the 175th largest and 23rd most expensive of the 724 postcodes in the PL1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 flats.
6
Properties
- Flats
Key Postcode Insights
PL1 2LY is a residential postcode situated on New Street, Plymouth, PL1 with 6 addresses.
It ranks as the 175th largest and 23rd most expensive of the 724 postcodes in the PL1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 flats.
6
Properties
- Flats
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House Pricesin PL1 2LY
Sale prices range from £80,488 for 1 bedroom leasehold flats (365 ft2) to £105,544 for 2 bedroom leasehold flats (667 ft2) .
Monthly rental prices range from £533 pcm for 1 bed flats to £660 pcm for 2 bed flats.
The gross rental yield is between 7.5% and 8.0%.
The average value per square foot is £206.
Average Sale Value
£87,935
Average Rental Value
£576 pcm
Average Rental Yield
7.9% /year
Average Value Per Sqft
£206 /ft2
Sales Market Trendsin PL1 2LY
The last sale in PL1 2LY sold for £80,000 on 1st June 2021. Since then prices are up an average of 12.1%.
The current average value in the postcode is £87,935.
The PL1 2LY Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £87,935 |
| April 2025 | 4.5% | £86,331 |
| April 2024 | -1.7% | £82,576 |
| April 2023 | 1% | £83,996 |
| April 2022 | 6.8% | £83,124 |
| April 2021 | 5.7% | £77,825 |
| April 2020 | 1.7% | £73,620 |
| April 2019 | -0.2% | £72,416 |
| April 2018 | 1% | £72,554 |
| April 2017 | -0.2% | £71,835 |
| April 2016 | -2% | £72,001 |
| April 2015 | 2.3% | £73,446 |
| April 2014 | 1.7% | £71,793 |
| April 2013 | -0.6% | £70,607 |
| April 2012 | 3.2% | £71,068 |
| April 2011 | -5.2% | £68,851 |
| April 2010 | 2.7% | £72,596 |
| April 2009 | -11.3% | £70,692 |
| April 2008 | -0.3% | £79,740 |
| April 2007 | 0% | £79,984 |
Rental Market Trendsin PL1 2LY
The current average rental value in the postcode is £576.
The PL1 2LY Rental Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £576pcm |
| April 2025 | 3.6% | £555pcm |
| April 2024 | 5.8% | £536pcm |
| April 2023 | 9.3% | £507pcm |
| April 2022 | 5.5% | £464pcm |
| April 2021 | 3.2% | £439pcm |
| April 2020 | 2.4% | £426pcm |
| April 2019 | 0.6% | £416pcm |
| April 2018 | -2.6% | £413pcm |
| April 2017 | 0.4% | £424pcm |
| April 2016 | -1.5% | £423pcm |
| April 2015 | 2.8% | £429pcm |
| April 2014 | 0.4% | £418pcm |
| April 2013 | -0.3% | £416pcm |
| April 2012 | 0.9% | £417pcm |
| April 2011 | 0.2% | £413pcm |
| April 2010 | -0.2% | £412pcm |
| April 2009 | -6.3% | £413pcm |
| April 2008 | 7.1% | £441pcm |
| April 2007 | 0% | £412pcm |
Explore Buildingsin PL1 2LY, New Street, Plymouth, PL1
- 5, New Street, Plymouth, PL1 Mid-century building 6 units
Sales Historyin PL1 2LY
The last sale was on 1st June 2021 for £80,000 and since then the market in the area has increased by 12.1%. The postcode has had a total of 3 sales since 1995.
PL1 2LY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PL1 2LY
PL1 2LY is the 175th largest and the 23rd most expensive postcode out of the 724 postcodes in the PL1 area.
- 16 mPL1 2ND, New Street, Plymouth, PL1PL1 2ND7 Addresses
- 23 mPL1 2BL, New Street, Plymouth, PL1PL1 2BL21 Addresses
- 28 mPL1 2JT, Mitre Court, Plymouth, PL1PL1 2JT9 Addresses
- 39 mPL1 2LG, Friars Lane, Plymouth, PL1PL1 2LG29 Addresses
- 39 mPL1 2LN, Castle Dyke Lane, Plymouth, PL1PL1 2LN9 Addresses
- 40 mPL1 2NT, Lambhay Hill, Plymouth, PL1PL1 2NT5 Addresses
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Property Typesin PL1 2LY
- 6 mid-century flats built between 1936 and 1979
- mid-century flat (6)
Energy Efficiencyof properties in PL1 2LY
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (0)
Top 3 Most Expensive Saleson New Street
- Sold Nov 2024£572,000 | 3 Bed FlatPalace Vaults 33, New StreetFlat 14, Palace Vaults 33, New Street, Plymouth, PL1 2NA
- Sold Oct 2016£410,000 | 3 Bed FlatPalace Vaults 33, New StreetFlat 14, Palace Vaults 33, New Street, Plymouth, PL1 2NA
- Sold Feb 2017£355,000 | 5 Bed HouseNew Street45, New Street, Plymouth, PL1 2ND
Schools Nearbyto PL1 2LY
The nearest primary school to PL1 2LY is Holy Cross Catholic Primary School which is 614 metres away.
- 614mHoly Cross Catholic Primary School
- 884mSt Andrew's Cof E VA Primary School
- 913mMount Street Primary School
The nearest secondary school is Millbay Academy which is 1.2 kilometres away.
- 1.2kmMillbay Academy
- 1.3kmPlymouth High School for Girls
- 2.0kmDevonport High School for Boys
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Public Transport Nearbyto PL1 2LY
The closest station to PL1 2LY is Plymouth station which is 1.3 kilometres away.
- 1.3kmPlymouth
- 2.8kmDevonport
- 3.3kmDockyard (Devonport)
- 3.9kmKeyham