Plymouth - North vs South

I am always looking for the best places to invest in Plymouth for both capital growth and yield; it is surprising the difference between the North and South of the city.

I thought it would be interesting to see how properties in PL4 (which is generally the South of Plymouth) compare to those in PL6 (which is generally to the North).

 Now it is probably not surprising that properties in PL6 are on average around 23.5% higher in value than in PL4, with the likes of Powisland Drive bumping up the price.  Property values in PL6 have increased by 7.9% in the last 6 months while, while property prices in PL4 have gone up by around 20.7% more over the same time. 

This must surely mean that PL4 is the place to invest for capital growth?  Well, it is very much worth looking at the broader picture, 6 months is a very short time in the life of a property.

When we start to look at property prices over the last 5 years, prices in PL6  have increased by only around 2.8% more than PL4. What would happen if we look at the last 10, 15 or even 20 years?

When we look at the yields for PL4 (5.5%)  and PL6 (5%), it is interesting to see that the lower the property price the higher the yield but the lower the capital growth scenario is in play. 

If you are considering purchasing a property in Plymouth, it is worth coming and seeing us at our  office so we can look at where will be the best for you to invest to make the most of your money.

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