Melrose Avenue - PL2 3RQ
Key Postcode Insights
PL2 3RQ is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 21 addresses.
It ranks as the 332nd largest and 387th 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: 21 houses.
- Ave. Sale Price
- £209,420
- 10 Year change
- up 44.2%
- Ave. Rental Price
- £1,113pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
PL2 3RQ is a residential postcode situated on Melrose Avenue, Plymouth, PL2 with 21 addresses.
It ranks as the 332nd largest and 387th 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: 21 houses.
- Ave. Sale Price
- £209,420
- 10 Year change
- up 44.2%
- Ave. Rental Price
- £1,113pcm
- 10 Year change
- up 59.8%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin PL2 3RQ
- 18 Melrose Avenue
3 Bed Early-century House
- 20 Melrose Avenue
3 Bed Mid-century House
- 22 Melrose Avenue
3 Bed Early-century House
- 24 Melrose Avenue
3 Bed Mid-century House
- 26 Melrose Avenue
3 Bed Mid-century House
Sales Market Trends
The last sale in PL2 3RQ sold for £166,100 on 23rd May 2025. Since then prices are up an average of 2.6%.
The current average value in the postcode is £209,420.
The PL2 3RQ Sales Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £209,420 |
| June 2025 | 1.8% | £204,746 |
| June 2024 | -0.4% | £201,198 |
| June 2023 | 1.1% | £201,972 |
| June 2022 | 14.9% | £199,741 |
| June 2021 | 7.7% | £173,852 |
| June 2020 | 2.9% | £161,398 |
| June 2019 | 1.6% | £156,874 |
| June 2018 | 2.5% | £154,444 |
| June 2017 | 3.8% | £150,743 |
| June 2016 | 1.5% | £145,268 |
| June 2015 | 4.4% | £143,179 |
| June 2014 | 4.9% | £137,101 |
| June 2013 | 2.7% | £130,666 |
| June 2012 | 1.2% | £127,219 |
| June 2011 | -4.7% | £125,715 |
| June 2010 | 7.8% | £131,885 |
| June 2009 | -11.1% | £122,332 |
| June 2008 | -5.4% | £137,620 |
| June 2007 | 0% | £145,441 |
Rental Market Trends
The current average rental value in the postcode is £1,113.
The PL2 3RQ Rental Market has increased by 59.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £1,113pcm |
| June 2025 | 5.3% | £1,052pcm |
| June 2024 | 5.8% | £999pcm |
| June 2023 | 7.7% | £945pcm |
| June 2022 | 11.4% | £877pcm |
| June 2021 | 5.7% | £788pcm |
| June 2020 | 3.3% | £745pcm |
| June 2019 | 1.9% | £722pcm |
| June 2018 | 0% | £708pcm |
| June 2017 | 1.7% | £709pcm |
| June 2016 | 1.1% | £697pcm |
| June 2015 | 3.3% | £689pcm |
| June 2014 | 2.1% | £667pcm |
| June 2013 | 1.3% | £653pcm |
| June 2012 | 0.5% | £645pcm |
| June 2011 | 1.5% | £642pcm |
| June 2010 | 4.7% | £632pcm |
| June 2009 | -5.9% | £604pcm |
| June 2008 | 5% | £642pcm |
| June 2007 | 0% | £612pcm |
Sales History
The last sale was on 23rd May 2025 for £166,100 and since then the market in the area has increased by 2.6%. The postcode has had a total of 16 sales since 1995.
PL2 3RQ has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£166,100 | 3 Bed House35, Melrose Avenue, Plymouth, PL2 3RQ35, Melrose Avenue, Plymouth, PL2 3RQ
- Sold Dec 2024£185,000 | 2 Bed House37, Melrose Avenue, Plymouth, PL2 3RQ37, Melrose Avenue, Plymouth, PL2 3RQ
- Sold Jul 2024£225,000 | 3 Bed House40, Melrose Avenue, Plymouth, PL2 3RQ40, Melrose Avenue, Plymouth, PL2 3RQ
- Sold Jun 2023£182,000 | 2 Bed House41, Melrose Avenue, Plymouth, PL2 3RQ41, Melrose Avenue, Plymouth, PL2 3RQ
- Sold Jun 2021£134,000 | 3 Bed House26, Melrose Avenue, Plymouth, PL2 3RQ26, Melrose Avenue, Plymouth, PL2 3RQ
Nearby Postcodes
PL2 3RQ is the 332nd largest and the 387th most expensive postcode out of the 623 postcodes in the PL2 area.
- PL2 3RN, Arden Grove, Plymouth, PL2PL2 3RN5 Addresses|56 m away
- PL2 3QY, Springhill, Plymouth, PL2PL2 3QY3 Addresses|76 m away
- PL2 3RA, Fountains Crescent, Plymouth, PL2PL2 3RA32 Addresses|76 m away
- PL2 3RB, Fountains Crescent, Plymouth, PL2PL2 3RB7 Addresses|79 m away
- PL2 3RG, Melrose Avenue, Plymouth, PL2PL2 3RG21 Addresses|106 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 7 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (10)
- early-century house (7)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (5)
- G (0)
- D (9)
- No EPC (4)
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
- Manadon Vale Primary School1.1 km away
- All Saints Church of England Academy500 m away
- Devonport High School for Girls800 m away
- St Boniface's RC College1.3 km away
More reading links
Public Transport Nearby
The closest station to PL2 3RQ is Keyham station, which is 2.2 kilometres away.
- Keyham|2.2 km away
- St Budeaux Ferry Road|2.5 km away
- Plymouth|2.5 km away
- Dockyard (Devonport)|2.6 km away
