Melrose Avenue - PL2 3RG
Key Postcode Insights
PL2 3RG is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 21 addresses.
It ranks as the 331st largest and 128th most expensive of the 623 postcodes in the PL2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 17 houses and 4 flats.
- Ave. Sale Price
- £172,018
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £887pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
PL2 3RG is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 21 addresses.
It ranks as the 331st largest and 128th most expensive of the 623 postcodes in the PL2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 17 houses and 4 flats.
- Ave. Sale Price
- £172,018
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £887pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin PL2 3RG
- 1 Melrose Avenue
2 Bed Mid-century House
- 3 Melrose Avenue
2 Bed Mid-century House
- 4 Melrose Avenue
3 Bed Mid-century House
- 5 Melrose Avenue
2 Bed Mid-century House
- 7 Melrose Avenue
2 Bed Mid-century House
Sales Market Trends
The last sale in PL2 3RG sold for £175,000 on 31st January 2019. Since then prices are up an average of 31.1%.
The current average value in the postcode is £172,018.
The PL2 3RG Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £172,018 |
| June 2025 | 0.5% | £168,245 |
| June 2024 | -0.5% | £167,344 |
| June 2023 | 1.2% | £168,263 |
| June 2022 | 12.8% | £166,276 |
| June 2021 | 7.8% | £147,357 |
| June 2020 | 2.3% | £136,748 |
| June 2019 | 1.5% | £133,614 |
| June 2018 | 3.2% | £131,615 |
| June 2017 | 2.2% | £127,536 |
| June 2016 | 1.4% | £124,810 |
| June 2015 | 4% | £123,106 |
| June 2014 | 5.4% | £118,393 |
| June 2013 | 1.3% | £112,281 |
| June 2012 | 1.1% | £110,849 |
| June 2011 | -3.1% | £109,667 |
| June 2010 | 7.1% | £113,151 |
| June 2009 | -11.3% | £105,607 |
| June 2008 | -4% | £119,090 |
| June 2007 | 0% | £124,068 |
Rental Market Trends
The current average rental value in the postcode is £887.
The PL2 3RG Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £887pcm |
| June 2025 | 4.8% | £840pcm |
| June 2024 | 5.4% | £801pcm |
| June 2023 | 7.8% | £760pcm |
| June 2022 | 10.2% | £705pcm |
| June 2021 | 4.5% | £640pcm |
| June 2020 | 3.1% | £613pcm |
| June 2019 | 1.9% | £594pcm |
| June 2018 | -0.3% | £583pcm |
| June 2017 | 0.7% | £585pcm |
| June 2016 | 1.4% | £581pcm |
| June 2015 | 2.8% | £573pcm |
| June 2014 | 1.8% | £557pcm |
| June 2013 | 0.6% | £547pcm |
| June 2012 | 0.5% | £544pcm |
| June 2011 | 2.2% | £541pcm |
| June 2010 | 4.3% | £530pcm |
| June 2009 | -6.3% | £508pcm |
| June 2008 | 5.6% | £542pcm |
| June 2007 | 0% | £513pcm |
Sales History
The last sale was on 31st January 2019 for £175,000 and since then the market in the area has increased by 31.1%. The postcode has had a total of 7 sales since 1995.
PL2 3RG has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2019£175,000 | 3 Bed House4, Melrose Avenue, Plymouth, PL2 3RG4, Melrose Avenue, Plymouth, PL2 3RG
- Sold Dec 2016£140,000 | 3 Bed House14, Melrose Avenue, Plymouth, PL2 3RG14, Melrose Avenue, Plymouth, PL2 3RG
- Sold Feb 2011£120,000 | 3 Bed House8, Melrose Avenue, Plymouth, PL2 3RG8, Melrose Avenue, Plymouth, PL2 3RG
- Sold Feb 2004£100,000 | 3 Bed House8, Melrose Avenue, Plymouth, PL2 3RG8, Melrose Avenue, Plymouth, PL2 3RG
- Sold Feb 2003£81,500 | 3 Bed House10, Melrose Avenue, Plymouth, PL2 3RG10, Melrose Avenue, Plymouth, PL2 3RG
Nearby Postcodes
PL2 3RG is the 331st largest and the 128th most expensive postcode out of the 623 postcodes in the PL2 area.
- PL2 3RU, Holman Court, Pennycross, Plymouth, PL2PL2 3RU34 Addresses|71 m away
- PL2 3RN, Arden Grove, Plymouth, PL2PL2 3RN5 Addresses|81 m away
- PL2 3RA, Fountains Crescent, Plymouth, PL2PL2 3RA32 Addresses|105 m away
- PL2 3RQ, Melrose Avenue, Plymouth, PL2PL2 3RQ21 Addresses|106 m away
- PL2 3RL, Arden Grove, Plymouth, PL2PL2 3RL4 Addresses|117 m away
Property Types
- 14 mid-century houses built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 1 other address of unknown type
- mid-century house (14)
- mid-century flat (4)
- house (1)
- early-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (11)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Sep 2024£243,000 | 3 Bed House142, Melrose Avenue, Plymouth, PL2 3RJ142, Melrose Avenue, Plymouth, PL2 3RJ
- Sold Sep 2022£240,000 | 3 Bed House114, Melrose Avenue, Plymouth, PL2 3RJ114, Melrose Avenue, Plymouth, PL2 3RJ
- Sold Sep 2022£225,000 | 3 Bed House132, Melrose Avenue, Plymouth, PL2 3RJ132, Melrose Avenue, Plymouth, PL2 3RJ
Schools Nearby
- Pennycross Primary School100 m away
- Montpelier Primary School700 m away
- Manadon Vale Primary School1.1 km away
- All Saints Church of England Academy600 m away
- Devonport High School for Girls700 m away
- St Boniface's RC College1.3 km away
More reading links
Public Transport Nearby
The closest station to PL2 3RG is Keyham station, which is 2.2 kilometres away.
- Keyham|2.2 km away
- Plymouth|2.4 km away
- Dockyard (Devonport)|2.5 km away
- St Budeaux Ferry Road|2.5 km away
