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Plymouth · report

Renovation in Plymouth

In 2025, 34% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
34%

Homes finished in Plymouth, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
2025156—81237
2024173—100273
2023367—61428
2022283—56339
2021524—317841
2020608—87695
2019894—75969
20181,416—501,466
2017604—67671
20161,169—201,189
2015876—27903
2014734—51785
2013668—8676

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Plymouth

Sale prices have an 80% chance of landing between £225,946 and £252,684 by August 2027.

Expected, August 2027
£239,315
Chance of a rise
94%

At the average sale price, a home costs £223,229. With 10% down and a 30-year mortgage, the payment is £1,030 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
18%
Payment, one income
35%

Owning and renting the average home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,008
Owning per month
£1,051

29.6% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
290
Per 1,000 residents
1.1

Figures for United Kingdom: Plymouth has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 3 times since 1995. The deepest began in August 2007.

Deepest fall
−19.1%
Recovery from the low
79 months

In 2025 the population fell by 390 while 130 homes were finished.

Homes finished, 2025
130
Population change, 2025
−390

5.3% of the 121,528 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.3%
Empty homes
6,475