Area guides

›

PL1

› New builds

New builds in PL1: what they really sell for.

2 new-build homes sold in PL1 in the last 12 months, 1% of all sales. New terraced homes sold for a median £422,000, 75.8% more than existing ones.

Plymouth, covering Devonport, Plymstock Radford, Stoke, St Peter and the Waterfront.

New homes sold

2

1% of sales, last 12 months

New-build premium

+75.8%

Terraced homes

Resold, vs market

—

Too few resales

Energy bills

~£740/yr

100% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Royal William YardPL1 3GX · terraced, flat · 9 sold · latest Oct 2025
£300k–£788k
Mount Wise CrescentPL1 4TJ · flat · 4 sold · latest May 2025
£180k–£750k£3,833/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Terraced

+75.8%

New £422k · existing £240k

8 new-build sales

Flat

+124.2%

New £348k · existing £155k

6 new-build sales

Running costs

What new homes here cost to run

Energy bills

~£740/yr

Typical 105 m² home

Typical rating

EPC B

Solar panels

100%

of homes

Heat pumps

0%

of homes

From the energy certificates of 4 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in PL1?

Over the last two years, new terraced homes in PL1 sold for a median £422,000 against £240,000 for existing ones, a difference of +75.8%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Which new developments are selling in PL1?

Recent new-build sales recorded by Land Registry in PL1 include Royal William Yard, Mount Wise Crescent. New streets appear once the first homes complete.

How do I know if a new build in PL1 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers