Melrose Avenue - PL2 3RJ
Key Postcode Insights
PL2 3RJ is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 49 addresses.
It ranks as the 554th largest and 355th 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 49 properties: 49 houses.
- Ave. Sale Price
- £210,793
- 10 Year change
- up 42.7%
- Ave. Rental Price
- £1,125pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
PL2 3RJ is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 49 addresses.
It ranks as the 554th largest and 355th 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 49 properties: 49 houses.
- Ave. Sale Price
- £210,793
- 10 Year change
- up 42.7%
- Ave. Rental Price
- £1,125pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin PL2 3RJ
- 109 Melrose Avenue
3 Bed Mid-century House
- 110 Melrose Avenue
3 Bed Early-century House
- 111 Melrose Avenue
3 Bed Mid-century House
- 112 Melrose Avenue
3 Bed Early-century House
- 113 Melrose Avenue
House
Sales Market Trends
The last sale in PL2 3RJ sold for £195,000 on 3rd February 2025. Since then prices are up an average of 4.1%.
The current average value in the postcode is £210,793.
The PL2 3RJ Sales Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £210,793 |
| June 2025 | 1.5% | £208,462 |
| June 2024 | -0.5% | £205,477 |
| June 2023 | 1.1% | £206,595 |
| June 2022 | 14% | £204,446 |
| June 2021 | 8.7% | £179,393 |
| June 2020 | 2.8% | £165,061 |
| June 2019 | 2.2% | £160,541 |
| June 2018 | 2.8% | £157,152 |
| June 2017 | 3.5% | £152,883 |
| June 2016 | 1.3% | £147,667 |
| June 2015 | 5% | £145,802 |
| June 2014 | 4.6% | £138,889 |
| June 2013 | 1.9% | £132,801 |
| June 2012 | 1% | £130,288 |
| June 2011 | -3.6% | £128,950 |
| June 2010 | 8.6% | £133,786 |
| June 2009 | -10.1% | £123,153 |
| June 2008 | -4.2% | £137,012 |
| June 2007 | 0% | £143,009 |
Rental Market Trends
The current average rental value in the postcode is £1,125.
The PL2 3RJ Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,125pcm |
| June 2025 | 5% | £1,076pcm |
| June 2024 | 5.6% | £1,025pcm |
| June 2023 | 7.6% | £970pcm |
| June 2022 | 10.5% | £902pcm |
| June 2021 | 6.6% | £816pcm |
| June 2020 | 3.2% | £766pcm |
| June 2019 | 2.5% | £742pcm |
| June 2018 | 0.3% | £724pcm |
| June 2017 | 1.5% | £722pcm |
| June 2016 | 0.9% | £711pcm |
| June 2015 | 3.9% | £705pcm |
| June 2014 | 1.8% | £679pcm |
| June 2013 | 0.5% | £667pcm |
| June 2012 | 0.3% | £663pcm |
| June 2011 | 2.6% | £661pcm |
| June 2010 | 5.5% | £644pcm |
| June 2009 | -4.9% | £611pcm |
| June 2008 | 6.3% | £642pcm |
| June 2007 | 0% | £604pcm |
Sales History
The last sale was on 3rd February 2025 for £195,000 and since then the market in the area has increased by 4.1%. The postcode has had a total of 58 sales since 1995.
PL2 3RJ has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£195,000 | 3 Bed House124, Melrose Avenue, Plymouth, PL2 3RJ124, Melrose Avenue, Plymouth, PL2 3RJ
- Sold Sep 2024£243,000 | 3 Bed House142, Melrose Avenue, Plymouth, PL2 3RJ142, Melrose Avenue, Plymouth, PL2 3RJ
- Sold Nov 2023£190,000 | 3 Bed House119, Melrose Avenue, Plymouth, PL2 3RJ119, Melrose Avenue, Plymouth, PL2 3RJ
- Sold Nov 2022£208,000 | 3 Bed House136, Melrose Avenue, Plymouth, PL2 3RJ136, Melrose Avenue, Plymouth, PL2 3RJ
- Sold Sep 2022£225,000 | 3 Bed House132, Melrose Avenue, Plymouth, PL2 3RJ132, Melrose Avenue, Plymouth, PL2 3RJ
Nearby Postcodes
PL2 3RJ is the 554th largest and the 355th most expensive postcode out of the 623 postcodes in the PL2 area.
- PL2 3RE, Fountains Crescent, Plymouth, PL2PL2 3RE25 Addresses|53 m away
- PL2 3PD, Ham Lane, Plymouth, PL2PL2 3PD2 Addresses|111 m away
- PL2 3NE, Ham Drive, Plymouth, PL2PL2 3NE20 Addresses|112 m away
- PL2 2NS, Wenlock Gardens, Plymouth, PL2PL2 2NS10 Addresses|115 m away
- PL2 2NR, Ham Drive, Plymouth, PL2PL2 2NR18 Addresses|143 m away
Property Types
- 21 mid-century houses built between 1936 and 1979
- 17 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- mid-century house (21)
- early-century house (17)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 38 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (13)
- G (0)
- D (20)
- No EPC (11)
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 School400 m away
- Mayflower Academy700 m away
- Montpelier Primary School700 m away
- All Saints Church of England Academy400 m away
- Devonport High School for Girls800 m away
- Marine Academy Plymouth1.5 km away
More reading links
Public Transport Nearby
The closest station to PL2 3RJ is Keyham station, which is 1.9 kilometres away.
- Keyham|1.9 km away
- St Budeaux Ferry Road|2.1 km away
- St Budeaux Victoria Road|2.2 km away
- Dockyard (Devonport)|2.3 km away
