Melrose Avenue - PL2 3RH
Key Postcode Insights
PL2 3RH is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 59 addresses.
It ranks as the 588th largest and 219th 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 59 properties: 41 houses and 18 flats.
- Ave. Sale Price
- £159,098
- 10 Year change
- up 36.1%
- Ave. Rental Price
- £914pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
PL2 3RH is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 59 addresses.
It ranks as the 588th largest and 219th 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 59 properties: 41 houses and 18 flats.
- Ave. Sale Price
- £159,098
- 10 Year change
- up 36.1%
- Ave. Rental Price
- £914pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin PL2 3RH
- 48 Melrose Avenue
3 Bed House
- 49 Melrose Avenue
3 Bed Mid-century House
- 50 Melrose Avenue
4 Bed Mid-century House
- 51 Melrose Avenue
Unknown
- 52 Melrose Avenue
2 Bed Mid-century Flat
Sales Market Trends
The last sale in PL2 3RH sold for £176,000 on 31st March 2025. Since then prices are up an average of 3.4%.
The current average value in the postcode is £159,098.
The PL2 3RH Sales Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £159,098 |
| June 2025 | 1.3% | £156,459 |
| June 2024 | -0.2% | £154,397 |
| June 2023 | 0.7% | £154,752 |
| June 2022 | 12.5% | £153,625 |
| June 2021 | 7.3% | £136,566 |
| June 2020 | 2.8% | £127,317 |
| June 2019 | 1.5% | £123,794 |
| June 2018 | 1.8% | £121,938 |
| June 2017 | 2.5% | £119,817 |
| June 2016 | 0.3% | £116,940 |
| June 2015 | 4.2% | £116,591 |
| June 2014 | 3.8% | £111,853 |
| June 2013 | 1.9% | £107,741 |
| June 2012 | 0.9% | £105,751 |
| June 2011 | -4.3% | £104,820 |
| June 2010 | 5.6% | £109,560 |
| June 2009 | -11.6% | £103,706 |
| June 2008 | -4.6% | £117,265 |
| June 2007 | 0% | £122,902 |
Rental Market Trends
The current average rental value in the postcode is £914.
The PL2 3RH Rental Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £914pcm |
| June 2025 | 4.9% | £869pcm |
| June 2024 | 5.9% | £829pcm |
| June 2023 | 7.3% | £782pcm |
| June 2022 | 9% | £729pcm |
| June 2021 | 5.2% | £669pcm |
| June 2020 | 3.2% | £636pcm |
| June 2019 | 1.8% | £616pcm |
| June 2018 | -0.7% | £605pcm |
| June 2017 | 0.4% | £609pcm |
| June 2016 | -0.1% | £606pcm |
| June 2015 | 3.1% | £607pcm |
| June 2014 | 1.1% | £588pcm |
| June 2013 | 0.5% | £582pcm |
| June 2012 | 0.1% | £579pcm |
| June 2011 | 1.9% | £578pcm |
| June 2010 | 2.6% | £568pcm |
| June 2009 | -6.4% | £554pcm |
| June 2008 | 5.8% | £591pcm |
| June 2007 | 0% | £559pcm |
Sales History
The last sale was on 31st March 2025 for £176,000 and since then the market in the area has increased by 3.4%. The postcode has had a total of 47 sales since 1995.
PL2 3RH has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£176,000 | 3 Bed House100, Melrose Avenue, Plymouth, PL2 3RH100, Melrose Avenue, Plymouth, PL2 3RH
- Sold Mar 2025£145,000 | 3 Bed House59, Melrose Avenue, Plymouth, PL2 3RH59, Melrose Avenue, Plymouth, PL2 3RH
- Sold Oct 2022£100,000 | 2 Bed Flat54, Melrose Avenue, Plymouth, PL2 3RH54, Melrose Avenue, Plymouth, PL2 3RH
- Sold May 2022£217,000 | 2 Bed House80, Melrose Avenue, Plymouth, PL2 3RH80, Melrose Avenue, Plymouth, PL2 3RH
- Sold Apr 2022£166,000 | 3 Bed House48, Melrose Avenue, Plymouth, PL2 3RH48, Melrose Avenue, Plymouth, PL2 3RH
Nearby Postcodes
PL2 3RH is the 588th largest and the 219th most expensive postcode out of the 623 postcodes in the PL2 area.
- PL2 3RP, Springhill Green, Plymouth, PL2PL2 3RP14 Addresses|84 m away
- PL2 3RD, Fountains Crescent, Plymouth, PL2PL2 3RD63 Addresses|86 m away
- PL2 3RW, Springhill Green, Plymouth, PL2PL2 3RW11 Addresses|94 m away
- PL2 3QY, Springhill, Plymouth, PL2PL2 3QY3 Addresses|105 m away
- PL2 3RR, Ham Drive, Plymouth, PL2PL2 3RR16 Addresses|141 m away
Property Types
- 22 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 flat of an unknown age
- 6 early-century houses built between 1912 and 1935
- 11 early-century flats built between 1912 and 1935
- 15 other addresses of unknown type
- mid-century house (22)
- mid-century flat (3)
- house (1)
- flat (1)
- early-century house (6)
- early-century flat (11)
- Unknown (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 42 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (25)
- G (0)
- D (15)
- No EPC (17)
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 School200 m away
- Montpelier Primary School800 m away
- Mayflower Academy1.0 km away
- All Saints Church of England Academy400 m away
- Devonport High School for Girls800 m away
- St Boniface's RC College1.5 km away
More reading links
Public Transport Nearby
The closest station to PL2 3RH is Keyham station, which is 2.1 kilometres away.
- Keyham|2.1 km away
- St Budeaux Ferry Road|2.3 km away
- St Budeaux Victoria Road|2.4 km away
- Dockyard (Devonport)|2.4 km away
