124 Melrose Avenue

    124, MELROSE AVENUE, PLYMOUTH, PL2 3RJ

    This terraced freehold property on Melrose Avenue last sold in February 2025 for £195,000. Based on price growth in the PL2 district since then, its estimated current value is £195,000 — placing it in the 23rd percentile nationally and the 47th percentile within PL2. The property covers 84 m² (904 sq ft), giving an estimated value of £2,321 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £195,000

    Feb 2025

    Estimated Valuation

    £195,000

    Est. £/sq ft

    £216/sq ft

    £2,321/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area904 sq ft (84 m²)
    EPC dateSept 2024
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2025

    £195,000

    2 Nov 2009

    £112,950

    26 Jul 2001

    £57,950

    Key Metrics

    Estimated valuation£195,000
    Value per sq ft / m²£216/sq ft (£2,321/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PL2 district percentile47th percentile
    National percentile23rd percentile

    District Context — PL2

    PL2 covers the central and eastern areas of Plymouth, including Devonport and surrounding neighbourhoods on the city's waterfront and residential districts. It is a mixed-tenure area with strong maritime heritage, offering a blend of period housing, newer developments, and port-adjacent communities.

    Average Property Price - PL2

    £208,494

    14

    National percentile

    Average Net Household Income - PL2

    £37,707

    47

    National percentile

    10-Year Annualised Price Growth - PL2

    3.1%

    32

    National percentile

    10-Year Annualised Rent Growth - PL

    3.8%

    45

    National percentile

    View full analysis for PL2

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