New Zealand House, Penlee Way - PL3 4AP
Key Building Insights
New Zealand House, Penlee Way is a residential building situated on Penlee Way, Plymouth, PL3 with 20 addresses.
It ranks as the 430th largest and 80th most expensive of the 437 buildings in the PL3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 20 properties: 20 flats.
- Ave. Sale Price
- £108,726
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £682pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Building Insights
New Zealand House, Penlee Way is a residential building situated on Penlee Way, Plymouth, PL3 with 20 addresses.
It ranks as the 430th largest and 80th most expensive of the 437 buildings in the PL3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 20 properties: 20 flats.
- Ave. Sale Price
- £108,726
- 10 Year change
- up 26.3%
- Ave. Rental Price
- £682pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertieson Penlee Way, Plymouth, PL3
- Flat 1 New Zealand House
2 Bed Mid-century Flat
- Flat 2 New Zealand House
2 Bed Mid-century Flat
- Flat 3 New Zealand House
2 Bed Mid-century Flat
- Flat 4 New Zealand House
2 Bed Mid-century Flat
- Flat 5 New Zealand House
2 Bed Mid-century Flat
Sales Market Trends
The last sale in New Zealand House, Penlee Way sold for £93,000 on 9th May 2025. Since then prices are up an average of 2.1%.
The current average value in the building is £108,726.
The New Zealand House, Penlee Way Sales Market has increased by 26.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £108,726 |
| June 2025 | 1.8% | £106,472 |
| June 2024 | -0.3% | £104,555 |
| June 2023 | -0.3% | £104,857 |
| June 2022 | 8.8% | £105,215 |
| June 2021 | 7.1% | £96,743 |
| June 2020 | 3.1% | £90,367 |
| June 2019 | 0.3% | £87,652 |
| June 2018 | 0.3% | £87,420 |
| June 2017 | 1.2% | £87,122 |
| June 2016 | -1.7% | £86,066 |
| June 2015 | 3.7% | £87,517 |
| June 2014 | 1% | £84,380 |
| June 2013 | 2.3% | £83,576 |
| June 2012 | 0.7% | £81,673 |
| June 2011 | -4.5% | £81,083 |
| June 2010 | 3.5% | £84,943 |
| June 2009 | -11.6% | £82,081 |
| June 2008 | -4.6% | £92,889 |
| June 2007 | 0% | £97,391 |
Rental Market Trends
The current average rental value in the building is £682.
The New Zealand House, Penlee Way Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £682pcm |
| June 2025 | 3.5% | £647pcm |
| June 2024 | 7% | £625pcm |
| June 2023 | 6.4% | £584pcm |
| June 2022 | 5.6% | £549pcm |
| June 2021 | 6.9% | £520pcm |
| June 2020 | 3.7% | £486pcm |
| June 2019 | 1.5% | £469pcm |
| June 2018 | -2.1% | £462pcm |
| June 2017 | 0.2% | £472pcm |
| June 2016 | -2% | £471pcm |
| June 2015 | 3.7% | £481pcm |
| June 2014 | -0.3% | £464pcm |
| June 2013 | -0.2% | £465pcm |
| June 2012 | -0.4% | £466pcm |
| June 2011 | 1.7% | £468pcm |
| June 2010 | 0.3% | £460pcm |
| June 2009 | -6.2% | £459pcm |
| June 2008 | 6.6% | £489pcm |
| June 2007 | 0% | £459pcm |
Sales History
The last sale was on 9th May 2025 for £93,000 and since then the market in the area has increased by 2.1%. The building has had a total of 6 sales since 1995.
New Zealand House, Penlee Way, Plymouth, PL3 4AP has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£93,000 | 2 Bed FlatFlat 12, New Zealand House, Penlee Way, Plymouth, PL3 4APFlat 12, New Zealand House, Penlee Way, Plymouth, PL3 4AP
- Sold Mar 2024£140,000 | 2 Bed FlatFlat 6, New Zealand House, Penlee Way, Plymouth, PL3 4APFlat 6, New Zealand House, Penlee Way, Plymouth, PL3 4AP
- Sold Jun 2018£84,000 | 2 Bed FlatFlat 12, New Zealand House, Penlee Way, Plymouth, PL3 4APFlat 12, New Zealand House, Penlee Way, Plymouth, PL3 4AP
- Sold Oct 2013£87,500 | 2 Bed FlatFlat 13, New Zealand House, Penlee Way, Plymouth, PL3 4APFlat 13, New Zealand House, Penlee Way, Plymouth, PL3 4AP
- Sold Sep 2009£91,000 | 2 Bed FlatFlat 13, New Zealand House, Penlee Way, Plymouth, PL3 4APFlat 13, New Zealand House, Penlee Way, Plymouth, PL3 4AP
Property Types
- 19 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century flat (19)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (10)
- G (0)
- D (9)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Apr 2024£875,000 | 5 Bed House16, Penlee Way, Plymouth, PL3 4AW16, Penlee Way, Plymouth, PL3 4AW
- Sold Apr 2010£760,000 | 5 Bed House18, Penlee Way, Plymouth, PL3 4AW18, Penlee Way, Plymouth, PL3 4AW
- Sold Mar 2021£740,000 | 5 Bed House22, Penlee Way, Plymouth, PL3 4AW22, Penlee Way, Plymouth, PL3 4AW
Schools Nearby
- Stuart Road Primary Academy400 m away
- Stoke Damerel Primary Academy700 m away
- The Cathedral School of St Mary1.0 km away
- Stoke Damerel Community College100 m away
- Scott Medical and Healthcare College100 m away
- Devonport High School for Boys700 m away
More reading links
Public Transport Nearby
The closest station to New Zealand House, Penlee Way, Plymouth, PL3 4AP is Devonport station, which is 1.0 kilometres away.
- Devonport|1.0 km away
- Plymouth|1.1 km away
- Dockyard (Devonport)|1.3 km away
- Keyham|1.8 km away
