Balfour Terrace - PL2 1RS
Key Postcode Insights
PL2 1RS is a residential postcode situated on Balfour Terrace, Plymouth, PL2 with 23 addresses.
It ranks as the 351st largest and 287th most expensive of the 623 postcodes in the PL2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 23 properties: 15 houses and 8 flats.
- Ave. Sale Price
- £194,401
- 10 Year change
- up 35.2%
- Ave. Rental Price
- £1,069pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £157/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
PL2 1RS is a residential postcode situated on Balfour Terrace, Plymouth, PL2 with 23 addresses.
It ranks as the 351st largest and 287th most expensive of the 623 postcodes in the PL2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 23 properties: 15 houses and 8 flats.
- Ave. Sale Price
- £194,401
- 10 Year change
- up 35.2%
- Ave. Rental Price
- £1,069pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £157/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin PL2 1RS
- 1 Balfour Terrace
3 Bed Mid-century House
- 2 Balfour Terrace
4 Bed Period House
- 3 Balfour Terrace
Building  |  2 Flats
- 4 Balfour Terrace
Building  |  2 Flats
- 5 Balfour Terrace
4 Bed Period House
Sales Market Trends
The last sale in PL2 1RS sold for £249,000 on 3rd April 2025. Since then prices are up an average of 2.8%.
The current average value in the postcode is £194,401.
The PL2 1RS Sales Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £194,401 |
| June 2025 | 2.2% | £190,368 |
| June 2024 | -0.6% | £186,266 |
| June 2023 | -0.3% | £187,388 |
| June 2022 | 11.5% | £187,971 |
| June 2021 | 7.8% | £168,634 |
| June 2020 | 3.7% | £156,427 |
| June 2019 | 0.7% | £150,806 |
| June 2018 | 1.3% | £149,803 |
| June 2017 | 2.8% | £147,831 |
| June 2016 | -0.7% | £143,818 |
| June 2015 | 4.5% | £144,761 |
| June 2014 | 1.8% | £138,529 |
| June 2013 | 2.9% | £136,126 |
| June 2012 | 0.8% | £132,242 |
| June 2011 | -4.5% | £131,188 |
| June 2010 | 5.2% | £137,308 |
| June 2009 | -11% | £130,468 |
| June 2008 | -4.8% | £146,662 |
| June 2007 | 0% | £154,071 |
Rental Market Trends
The current average rental value in the postcode is £1,069.
The PL2 1RS Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £1,069pcm |
| June 2025 | 4.2% | £1,013pcm |
| June 2024 | 6.6% | £972pcm |
| June 2023 | 6.6% | £912pcm |
| June 2022 | 7.2% | £855pcm |
| June 2021 | 7.8% | £798pcm |
| June 2020 | 3.8% | £740pcm |
| June 2019 | 1.9% | £713pcm |
| June 2018 | -0.8% | £700pcm |
| June 2017 | 1.3% | £705pcm |
| June 2016 | -1.3% | £696pcm |
| June 2015 | 4.3% | £706pcm |
| June 2014 | 0.7% | £677pcm |
| June 2013 | 0% | £672pcm |
| June 2012 | 0% | £672pcm |
| June 2011 | 1.9% | £672pcm |
| June 2010 | 2.1% | £659pcm |
| June 2009 | -5.5% | £645pcm |
| June 2008 | 6.2% | £683pcm |
| June 2007 | 0% | £643pcm |
Sales History
The last sale was on 3rd April 2025 for £249,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 23 sales since 1995.
PL2 1RS has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£249,000 | 4 Bed House6, Balfour Terrace, Plymouth, PL2 1RS6, Balfour Terrace, Plymouth, PL2 1RS
- Sold Jun 2024£160,000 | 4 Bed House11, Balfour Terrace, Plymouth, PL2 1RS11, Balfour Terrace, Plymouth, PL2 1RS
- Sold Mar 2024£265,000 | 4 Bed House5, Balfour Terrace, Plymouth, PL2 1RS5, Balfour Terrace, Plymouth, PL2 1RS
- Sold Dec 2023£220,000 | 4 Bed House5, Balfour Terrace, Plymouth, PL2 1RS5, Balfour Terrace, Plymouth, PL2 1RS
- Sold Apr 2022£110,000 | 3 Bed Flat3A , Balfour Terrace, Plymouth, PL2 1RS3A , Balfour Terrace, Plymouth, PL2 1RS
Nearby Postcodes
PL2 1RS is the 351st largest and the 287th most expensive postcode out of the 623 postcodes in the PL2 area.
- PL2 1RF, Balfour Terrace, Plymouth, PL2PL2 1RF13 Addresses|44 m away
- PL2 1DE, Garden Street, Plymouth, PL2PL2 1DE6 Addresses|61 m away
- PL2 1DH, Garden Street, Plymouth, PL2PL2 1DH5 Addresses|82 m away
- PL2 1RU, Herbert Place, Plymouth, PL2PL2 1RU39 Addresses|86 m away
- PL2 1RH, Charlotte Street, Plymouth, PL2PL2 1RH47 Addresses|94 m away
Property Types
- 8 period houses built between 1800 and 1911
- 8 period flats built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- period house (8)
- period flat (8)
- mid-century house (3)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (10)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Mar 2024£265,000 | 4 Bed House5, Balfour Terrace, Plymouth, PL2 1RS5, Balfour Terrace, Plymouth, PL2 1RS
- Sold Apr 2025£249,000 | 4 Bed House6, Balfour Terrace, Plymouth, PL2 1RS6, Balfour Terrace, Plymouth, PL2 1RS
- Sold Dec 2023£220,000 | 4 Bed House5, Balfour Terrace, Plymouth, PL2 1RS5, Balfour Terrace, Plymouth, PL2 1RS
Schools Nearby
- Morice Town Primary Academy100 m away
- College Road Primary School500 m away
- Marlborough Primary Academy800 m away
- UTC Plymouth300 m away
- Scott Medical and Healthcare College1.3 km away
- Stoke Damerel Community College1.3 km away
More reading links
Public Transport Nearby
The closest station to PL2 1RS is Dockyard (Devonport) station, which is 200 metres away.
- Dockyard (Devonport)|200 m away
- Devonport|400 m away
- Keyham|1.1 km away
- Plymouth|2.4 km away
