Terraced 2 sales on record

48 FALCON ROAD

PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR

£265,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Sutton Court 0.1 miles
Shop Tesco Express 0.1 miles
Train station Devonport 0.7 miles
Hospital NHS Breast Imaging Service 1.4 miles
University University of Plymouth 1.5 miles

Property details

Tenure

Freehold

Property type

Terraced

Bedrooms

2

Bathrooms

2

Floor area

80 m²

EPC rating

B

Year built

England and Wales: 2012 onwards

Last sold

£265,000 Mar 2026

Price per m²

£3,313/m²

Local average

£271,899 (42 sales)

Street crime

493 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 05/09/2025

Expiry date: 04/09/2035

Current heating cost: £385/year

Potential heating cost: £385/year

Est. upgrade cost to C: £9,000

Recommendations

  • Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 20/03/2026 £265,000 Terraced +43.2% £265,255 to April 2026 View transaction
Sold 23/03/2018 £185,000 Terraced £255,325 to April 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
16 MIZZEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GT £390,000 09/01/2026 Terraced
3 MIZZEN ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GT £348,000 19/12/2025 Terraced
8 PEMBROKE LANE, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GX £225,000 08/12/2025 Terraced
22 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR £104,000 28/11/2025 Terraced
29 RAGLAN GARDENS, PLYMOUTH, CITY OF PLYMOUTH, PL1 4PZ £165,000 25/08/2023 Terraced
27 FLAGSTAFF WALK, PLYMOUTH, CITY OF PLYMOUTH, PL1 4SH £340,000 14/11/2022 Terraced
75 GEORGE STREET, PLYMOUTH, CITY OF PLYMOUTH, PL1 4HS £211,000 10/08/2022 Terraced
14 PEMBROKE LANE, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GX £225,000 29/07/2022 Terraced
4 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR £84,000 07/07/2022 Terraced
34 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR £215,000 11/01/2022 Terraced
10 PEMBROKE LANE, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GX £192,000 17/12/2021 Terraced
38 FALCON ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GR £221,100 15/12/2021 Terraced
2 BEAGLE ROAD, PLYMOUTH, CITY OF PLYMOUTH, PL1 4GS £212,500 22/10/2021 Terraced

Area average: £225,585 (13 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

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

5y growth 35.3%
10y growth 46.8%

House Price Index (HM Land Registry — official index, not sold-price averages): City of Plymouth. Series: Terraced. As of April 2026.

1y (index) 3.8%
5y (index) 24.5%
10y (index) 48%

Rental Range

Estimated market rent for Plymouth. Low = conservative, Realistic = average, Optimistic = best case.

Low £898/mo
Realistic £998/mo
Optimistic £1,098/mo

Based on Local Authority from postcode lookup → Plymouth.

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 0.03 miles OpenRent

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.45%
Max investor price (0.8%) £150,000
Target investor price (1%) £120,000
Gross yield 5.4%
Cost-to-rent ratio 18.4×
Monthly cashflow £11/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 0.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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

Job (default Low)

Street-level crime

Category Count
Violence and sexual offences 172
Shoplifting 91
Anti-social behaviour 61
Criminal damage and arson 55
Other theft 35
Public order 24
Possession of weapons 13
Drugs 10
Vehicle crime 9
Burglary 6
Other crime 6
Robbery 5
Theft from the person 4
Bicycle theft 2
Total incidents 493

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

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Mount Wise Community Primary School Primary 0.3 miles Good — 16 Dec 2014
St Joseph's Catholic Primary School Primary 0.3 miles Good — 29 Jun 2022
City College Plymouth Other 0.4 miles (No rating)
High Street Primary Academy Primary 0.5 miles Good — 14 Sep 2023
Marlborough Primary Academy Primary 0.5 miles Good — 11 Dec 2023

FENSA

No FENSA certificates found for this address.