PL3, covering outer Plymouth areas, recorded a five-year compound annual growth rate of 3.4% for property prices and 5.8% for rental income between 2019 and 2024. The district sits at the 22nd percentile nationally with a trajectory score of 45.0 out of 100, indicating average market fundamentals. Population growth remained modest at 0.5% over the same period, whilst the area is classified at the latent stage of gentrification, suggesting limited transformation activity currently. The rental growth rate outpaced capital appreciation, a metric investors may note when evaluating yield versus equity buildup in this outer suburban location.
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See plans from £20/moKey signals
- 1Property prices up 2.9% over 5 years (5yr CAGR)
- 2Rents growing at 5.8% per year
- 3Population growing at 0.5% per year
Nearby districts
What's changing in Plymouth · June 2026
37 planning applications submitted in PL3 over the last six months, including 1 new build residential scheme proposing 15 homes, 2 change of use, 1 demolition.
- Pre-application for demolition of a vacant office building and construction of 15 houses and 6 flatsFeb 2026 · Awaiting decision
- Prior approval for the demolition of a vacant office buildingJun 2026 · Awaiting decision
- Change of use from agricultural use to community use (class F2(c)) for outdoor recreation activities and camping and provision of associated temporary WC facilities.Mar 2026 · Under consideration
Plymouth (PL3) common questions
Is Plymouth up and coming?
Plymouth (PL3) has a trajectory score of 45/100 (Average), placing it in the top 77% of postcode districts in England and Wales. The score is up 5.3 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Plymouth safe?
Plymouth has a safety score of 45/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Plymouth?
The average property price in Plymouth (PL3) is £257k as of January 2026, based on UK House Price Index data. Prices have grown at 2.9% per year over the last five years.
What is the average rent in Plymouth?
The median monthly rent in Plymouth (PL3) is £982 (2026), based on ONS private rental data.
Which areas are near Plymouth?
Neighbouring postcode districts include Plymouth (PL4), Plymouth (PL1), Plymouth (PL6), Plymouth (PL9), Plymouth (PL7). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.