PL2 3RG is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 21 addresses.
It ranks as the 331st largest and 124th most expensive of the 623 postcodes in the PL2 area. The dominant 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.
PL2 3RG is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 21 addresses.
It ranks as the 331st largest and 124th most expensive of the 623 postcodes in the PL2 area. The dominant 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.
Sale prices range from £135,032 for 2 bedroom Leasehold flats (688 ft2) to £243,768 for 3 bedroom freehold houses with a garden (1,054 ft2) .
Monthly rental prices range from £649 pcm for 2 bed flats to £1,038 pcm for 3 bed houses.
The gross rental yield is between 5.1% and 6.2%.
The average value per square foot is £294.
The last sale in PL2 3RG sold for £175,000 on 31st January 2019. Since then prices are up an average of 30.3%.
The current average value in the postcode is £167,981.
The PL2 3RG Sales Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £167,981 |
| April 2025 | 0.8% | £164,470 |
| April 2024 | -1.3% | £163,238 |
| April 2023 | 3.2% | £165,339 |
| April 2022 | 12.3% | £160,204 |
| April 2021 | 7.4% | £142,622 |
| April 2020 | 1.8% | £132,785 |
| April 2019 | 1.7% | £130,449 |
| April 2018 | 3.4% | £128,250 |
| April 2017 | 2.4% | £124,078 |
| April 2016 | 1.3% | £121,185 |
| April 2015 | 4.2% | £119,663 |
| April 2014 | 5.2% | £114,795 |
| April 2013 | 2.3% | £109,160 |
| April 2012 | 0.7% | £106,730 |
| April 2011 | -2.9% | £105,997 |
| April 2010 | 6.1% | £109,138 |
| April 2009 | -13.6% | £102,909 |
| April 2008 | -0.1% | £119,065 |
| April 2007 | 0% | £119,208 |
The current average rental value in the postcode is £771.
The PL2 3RG Rental Market has increased by 54.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £771pcm |
| April 2025 | 4.4% | £739pcm |
| April 2024 | 7.2% | £708pcm |
| April 2023 | 8% | £660pcm |
| April 2022 | 9.9% | £612pcm |
| April 2021 | 6.2% | £557pcm |
| April 2020 | 2.8% | £524pcm |
| April 2019 | 1.1% | £510pcm |
| April 2018 | -0.2% | £504pcm |
| April 2017 | 1.5% | £506pcm |
| April 2016 | 2% | £498pcm |
| April 2015 | 2.1% | £488pcm |
| April 2014 | 3% | £478pcm |
| April 2013 | 1.3% | £464pcm |
| April 2012 | 0.4% | £458pcm |
| April 2011 | 2.8% | £457pcm |
| April 2010 | 3% | £444pcm |
| April 2009 | -4.8% | £431pcm |
| April 2008 | 4.9% | £453pcm |
| April 2007 | 0% | £432pcm |
The last sale was on 31st January 2019 for £175,000 and since then the market in the area has increased by 30.3%. 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.
PL2 3RG is the 331st largest and the 124th most expensive postcode out of the 623 postcodes in the PL2 area.
Be the first Estate
Agent here!
The closest station to PL2 3RG is Keyham station which is 2.2 kilometres away.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around PL2 3RG, % of property is and % is .
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 PL2 3RG, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 PL2 3RG, 0.0% 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 PL2 3RG, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.