Bricks&Logic
PL1 3LB
Millbay Road, Plymouth, South West
PL1 3LB

PL1 3LBHouse Prices / South West, Plymouth, Millbay Road

Last updated May 2026

Key Postcode Insights

PL1 3LB is a residential postcode situated on Millbay Road, Plymouth, PL1 with 75 addresses.

It ranks as the 709th largest and 301st most expensive of the 724 postcodes in the PL1 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 75 properties: 75 flats.

75
Properties
  • Flats

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House Pricesin PL1 3LB

Sale prices range from £122,070 for 1 bedroom leasehold flats with a balcony (419 ft2) to £197,964 for 3 bedroom leasehold flats with a balcony (1,139 ft2) .

Monthly rental prices range from £730 pcm for 1 bed flats to £1,004 pcm for 3 bed flats.

The gross rental yield is between 6.1% and 7.3%.

The average value per square foot is £267.

Average Sale Value
£147,838
Average Rental Value
£849 pcm
Average Rental Yield
6.9% /year
Average Value Per Sqft
£267 /ft2
Prices last updated 1st May 2026
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Sales Market Trendsin PL1 3LB

The last sale in PL1 3LB sold for £160,000 on 16th January 2026. Since then prices are up an average of 4.4%.

The current average value in the postcode is £147,838.
The PL1 3LB Sales Market has increased by 20.9% over the last 10 years.

PeriodYear on YearAverage Price
April 20263%£147,838
April 20254.6%£143,493
April 2024-1.9%£137,236
April 20231.5%£139,918
April 20223%£137,787
April 20214.6%£133,718
April 20202.6%£127,803
April 20190.4%£124,624
April 20181.9%£124,176
April 2017-0.4%£121,853
April 2016-3.8%£122,329
April 20153%£127,158
April 20141.1%£123,474
April 20130.6%£122,080
April 20125.3%£121,314
April 2011-6.1%£115,237
April 20102.4%£122,661
April 2009-7.7%£119,804
April 2008-2.4%£129,784
April 20070%£132,991
Blog header image

Rental Market Trendsin PL1 3LB

The current average rental value in the postcode is £849.
The PL1 3LB Rental Market has increased by 34.8% over the last 10 years.

PeriodYear on YearAverage Price
April 20264.6%£849pcm
April 20252.5%£812pcm
April 20245.6%£791pcm
April 20239.1%£750pcm
April 20225.1%£687pcm
April 20212.2%£654pcm
April 20202.7%£639pcm
April 20191.4%£623pcm
April 2018-2.8%£614pcm
April 20170.3%£632pcm
April 2016-2.2%£630pcm
April 20153.4%£644pcm
April 20141.1%£623pcm
April 20130.2%£616pcm
April 20121.6%£615pcm
April 2011-0.1%£605pcm
April 20100.1%£606pcm
April 2009-5.8%£605pcm
April 20086.2%£642pcm
April 20070%£605pcm
Properties list background

Explore Buildingsin PL1 3LB, Millbay Road, Plymouth, PL1

properties list title title

Sales History
in PL1 3LB

The last sale was on 16th January 2026 for £160,000 and since then the market in the area has increased by 4.4%. The postcode has had a total of 145 sales since 1995.

PL1 3LB has seen 15 sales in the last three years and 4 sales in the last twelve months.

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Nearby Postcodesto PL1 3LB

PL1 3LB is the 709th largest and the 301st most expensive postcode out of the 724 postcodes in the PL1 area.

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Agent here!

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Property Typesin PL1 3LB

  • 75 modern flats built after 1980
  • modern flat (75)
Energy Efficiency

Energy Efficiencyof properties in PL1 3LB

  • Energy Performance Certificate (EPC) surveys conducted for 47 properties.
  • The dominant rating is B.
  • A (0)
  • E (0)
  • B (29)
  • F (0)
  • C (16)
  • G (0)
  • D (2)
  • No EPC (28)
properties list title title

Top 3 Most Expensive Saleson Millbay Road

Schools Nearby

Schools Nearbyto PL1 3LB

The nearest primary school to PL1 3LB is St Andrew's Cof E VA Primary School which is 122 metres away.
  • 122
    m
    St Andrew's Cof E VA Primary School
  • 339
    m
    St Peter's CofE Primary School
  • 603
    m
    The Cathedral School of St Mary
The nearest secondary school is Millbay Academy which is 394 metres away.
  • 394
    m
    Millbay Academy
  • 1.2
    km
    Devonport High School for Boys
  • 1.4
    km
    Plymouth High School for Girls
More reading links
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto PL1 3LB

The closest station to PL1 3LB is Plymouth station which is 1.1 kilometres away.

  • 1.1
    km
    Plymouth
  • 2.0
    km
    Devonport
  • 2.5
    km
    Dockyard (Devonport)
  • 3.3
    km
    Keyham
Source: National Rail


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