# PL4 9RA Area Summary
PL4 9RA is located in the Stonehouse area of Plymouth, a historic inner-city district that has undergone significant regeneration in recent years. This postcode represents one of the more affordable pockets of the Plymouth property market, with an average property price of £92,350 based on 66 properties—substantially below the national average and indicative of the area's appeal to first-time buyers and property investors seeking entry-level opportunities.
The notably low average price point suggests the local market is dominated by flats and smaller terraced properties, typical of Plymouth's Victorian-era housing stock in this quarter. Stonehouse has traditionally been a working-class area with strong naval connections given its proximity to HM Naval Base Devonport, and the property values reflect both the compact nature of available housing and the area's ongoing transformation. The postcode benefits from reasonable transport links into Plymouth city centre and offers an affordable stepping stone onto the property ladder in what remains one of the South West's more accessible markets.
This area may particularly suit investors targeting the rental market, given Plymouth's substantial student population from the University of Plymouth and naval personnel seeking accommodation. The price accessibility makes PL4 9RA an interesting prospect for those willing to consider areas with strong regeneration potential, though buyers should conduct thorough local research regarding specific street-level variations in desirability and property condition.
The average house price in PL4 9RA, Plymouth is £92,350. Prices range from £28,000 to £245,000.
There are 66 properties in PL4 9RA, Plymouth.
PL4 9RA contains 51 flat / maisonette properties, 11 terraced properties, 4 semi-detached properties.
Average house prices in PL4 9RA have risen by 329.5% from £45,693 in 1995 to £196,250 in 2024.
PL4 9RA is located in Plymouth, Devon, England.