# 45 MILLS ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NF

## Property details

- Slug: `247b1ee` (address key hash: `247b1ee2bd1898b5586266ddc11c8094d33e5bc6`)
- Postcode: PL1 4NF
- Transactions on record: 3

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 2
- Bathrooms: 1
- Floor area: 71 m²
- EPC rating: B
- Year built: England and Wales: 1950-1966
- Last sold: £132,000 Feb 2026
- Price per m²: £1,859/m²
- Local average: £170,133 (54 sales)
- Street crime: 555 incidents within 1 mile (Jun 2026)

## Latest sale

- Price: £132,000
- Date: 2026-02-06
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 10/05/2031
- **Current heating cost:** £212/year
- **Est. upgrade cost to C:** £15

### Recommendations
- E (£15)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9491-3006-9205-0069-2204)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-02-06 | £132,000 | Flat | +5.6% | £132,133 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/4c1b673e-fe19-d8ea-e063-4704a8c0bf7d) |
| Sold | 2016-09-02 | £125,000 | Flat | +52.4% | £158,974 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/3e0330ef-8e41-8d89-e050-a8c062052140) |
| Sold | 2009-10-30 | £82,000 | Flat | — | £116,372 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/aed60000-99e9-4215-b89d-a0de3473a922) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 45 MILLS ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NF | £132,000 | 06/02/2026 | Flat |
| 45 MILLS ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NF | £125,000 | 02/09/2016 | Flat |
| 45 MILLS ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NF | £82,000 | 30/10/2009 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [164723339](http://87.117.209.195:8080/listings/3ebb6ca)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £132,000 |
| listed | 2025-07-19 | £130,000 |
| sold | 2016-01-01 | £125,000 |
| sold | 2009-01-01 | £82,000 |
| sold | 1996-01-01 | £27,500 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 21 RAGLAN GARDENS, PLYMOUTH, CITY OF PLYMOUTH, PL1 4PZ | £164,000 | 06/03/2026 | Flat |
| 60 FLAT 18 CHAPEL STREET, DEVONPORT, PLYMOUTH, CITY OF PLYMOUTH, PL1 4TF | £151,000 | 12/11/2025 | Flat |
| 10 MILLS ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NF | £127,000 | 07/08/2025 | Flat |
| 9 RAGLAN GARDENS, PLYMOUTH, CITY OF PLYMOUTH, PL1 4PZ | £172,500 | 16/06/2025 | Flat |
| 52 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE | £260,000 | 28/03/2025 | Flat |
| 9 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE | £145,500 | 06/12/2024 | Flat |
| 18 RAGLAN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NQ | £115,000 | 14/12/2023 | Flat |
| 26 MILLS ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NF | £157,500 | 24/11/2023 | Flat |
| 31 KER STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 4FQ | £183,000 | 02/06/2023 | Flat |
| 28 RAGLAN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NQ | £140,000 | 19/05/2023 | Flat |
| 36 MILLS ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NF | £123,500 | 25/04/2023 | Flat |
| 1 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE | £130,000 | 21/04/2023 | Flat |
| 1 FLAT 7 KER STREET OPE, PLYMOUTH, CITY OF PLYMOUTH, PL1 4RZ | £159,000 | 05/04/2023 | Flat |
| 3 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE | £155,000 | 27/03/2023 | Flat |
| 59 FLAT 9 CHAPEL STREET, DEVONPORT, PLYMOUTH, CITY OF PLYMOUTH, PL1 4TF | £150,000 | 27/01/2023 | Flat |
| 18 MILLS ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NF | £130,000 | 06/12/2022 | Flat |
| 26 MADDEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NE | £127,000 | 28/11/2022 | Flat |
| 3 RAGLAN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4NQ | £145,000 | 18/11/2022 | Flat |
| 59 FLAT 5 CHAPEL STREET, DEVONPORT, PLYMOUTH, CITY OF PLYMOUTH, PL1 4TF | £123,000 | 14/11/2022 | Flat |
| 88 CHAPEL STREET, DEVONPORT, PLYMOUTH, CITY OF PLYMOUTH, PL1 4DU | £145,000 | 01/11/2022 | Flat |

**Area average:** £150,150 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -12.4%
- **10y growth:** 14.4%

## House Price Index (HM Land Registry)

*Official index for City of Plymouth; Flats and maisonettes series; as of May 2026.*

- **1y growth (index):** 0.1%
- **5y growth (index):** 12.7%
- **10y growth (index):** 28%

## Rental Range

*ONS Price Index of Private Rents (Plymouth). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £898/mo
- **Realistic:** £998/mo
- **Optimistic:** £1,098/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Mizzen Road, PL1 | £1,200/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, George St, PL1 | £750/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Stonehouse, PL1 | £950/mo | 2 | 0.8 miles | OpenRent |
| 2 Bed Flat, Charlotte St, PL2 | £1,200/mo | 2 | 0.83 miles | OpenRent |
| 2 Bed Flat, St Levans Rd, PL2 | £1,200/mo | 2 | 0.91 miles | OpenRent |
| 2 Bed Flat, Citadel Road, PL1 | £1,450/mo | 2 | 1.16 miles | OpenRent |

**Average rent: £1,125/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.91% (okay)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,200/mo).*

- **Gross yield:** 10.9%
- **Cost-to-rent:** 9.2×
- **Monthly cashflow:** £535/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 16.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 202 |
| Shoplifting | 112 |
| Anti-social behaviour | 75 |
| Criminal damage and arson | 46 |
| Other theft | 33 |
| Public order | 32 |
| Robbery | 12 |
| Drugs | 11 |
| Vehicle crime | 9 |
| Burglary | 7 |
| Other crime | 7 |
| Possession of weapons | 7 |
| Theft from the person | 2 |
| **Total incidents** | **555** |

*Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| St Joseph's Catholic Primary School | Primary | 0.1 miles | Good — 29 Jun 2022 |
| Mount Wise Community Primary School | Primary | 0.3 miles | Good — 16 Dec 2014 |
| City College Plymouth | Other | 0.3 miles | — (No rating) |
| Marlborough Primary Academy | Primary | 0.4 miles | Good — 11 Dec 2023 |
| UTC Plymouth | Secondary | 0.5 miles | Good — 6 Mar 2023 |

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #16609387
- **Address:** 45 Mills Road, PLYMOUTH, PL1 4NF
- **Certificate Issued:** 22/12/2024
- **Work Completed:** 05/12/2024
- **Items:** 1 door(s)

### FENSA Certificate #7925372
- **Address:** 45 Mills Road, PLYMOUTH, PL1 4NF
- **Certificate Issued:** 24/01/2011
- **Work Completed:** 10/01/2011
- **Items:** 6 window(s), 1 door(s)