PL2 covers parts of central Plymouth with a trajectory score of 53.0/100, placing it in the 67th percentile nationally. Over the past five years, property prices have grown at 3.4% CAGR whilst rental yields have expanded at 5.8% CAGR, indicating stronger rental demand relative to capital appreciation. Population growth in the district has remained modest at 0.5% over the same period. The area is classified as pre-cursor stage gentrification, suggesting early-stage structural changes before wider neighbourhood transformation. These metrics indicate a district with rental market momentum outpacing price growth, relevant for investors evaluating yield-focused strategies.
Domain breakdown
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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
The trajectory score moved down 0.7 points this month to 52/100, driven mainly by safety.
16 planning applications submitted in PL2 over the last six months, including 1 new build residential scheme proposing 3 homes, 1 change of use.
- Erection of 3 apartments over ground floor car parkingMar 2026 · Awaiting decision
- Change of use from Offices (Class E) to a Non-residential Special Educational Needs and Disability (SEND) School (Class F1)Apr 2026 · Awaiting decision
- Pre-application for patio area outside kitchenJun 2026 · Awaiting decision
Plymouth (PL2) common questions
Is Plymouth up and coming?
Praesago's gentrification model currently classifies Plymouth (PL2) as Pre-Cursor. Its trajectory score is 52/100 (Strong), in the top 37% of districts nationally. The score is down 0.7 points over the last 12 months.
Is Plymouth safe?
Plymouth has a safety score of 19/100 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 (PL2) 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 (PL2) is £982 (2026), based on ONS private rental data.
Which areas are near Plymouth?
Neighbouring postcode districts include Beaworthy (EX21), Okehampton (EX20), Winkleigh (EX19), Holsworthy (EX22), Lifton (PL16). 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.