Area market snapshot · in Plymouth

Millbay property market

Updated 20 August 2026 · refreshed daily

Map: Millbay is about 2 miles south-west of central Plymouth, in Devon.
Median asking price
£210,000↓ 9% below Plymouth

Plymouth: £230k

136 homes for sale in Millbay. Half of them ask between £140k and £318k. Updated 20 August 2026.

Median sold price
£190,000↓ 16% below Plymouth

163 Land Registry sales in the 12 months to December 2025 · Plymouth £227k

Typical asking range
Typical asking range (middle half of listings) and median
MarketRange lowMedianRange high
Millbay£140,000£210,000£317,500
Plymouth£160,000£230,000£325,000

Buying in Millbay typically costs less than Plymouth: the median asking price is 9% lower, though the top end of the market prices close to Plymouth's.

Each band covers the middle half of asking prices.

How Millbay differs from Plymouth
  • Flats are 71% of what's for sale, compared to 30% across Plymouth
  • Only 43% of listings have a garden, compared to 71% across Plymouth
  • A typical 2-bed asks £220k here, compared to £190k across Plymouth
The last 30 days

More homes came onto the market in Millbay than left it

New listings
45

↓ 22% · was 58

Price cuts
11

No change · was 11

Went off market
26

↑ 117% · was 12

Typical time listed
36 days

before going off the market

Changes compare with the prior 30 days.

Asking prices

Where homes in Millbay sit by price band, against Plymouth

27% of homes in Millbay ask under £150k, the most common band

61% of Millbay listings ask under £250k, a bigger share than Plymouth (54%)

Share of current listings by asking-price band
Price bandMillbay listingsMillbay sharePlymouth share
<£150k3727%19%
£150k–200k2418%17%
£200k–250k2216%18%
£250k–300k1310%13%
£300k–400k118%15%
£400k–500k1612%9%
£500k–750k54%5%
£750k+86%4%

Asking prices by type

All homes for sale in Millbay, set against Plymouth

Flats are the most common property type for sale in Millbay and ask 30% more than Plymouth flats

Median asking price by property type
property typeMillbayPlymouth
Flat (96 for sale · 71%)£181,500£140,000
Terraced (12 for sale · 9%)£310,000£232,500
Penthouse (8 for sale · 6%)£512,500£500,000
Townhouse (5 for sale · 4%)£775,000£425,000

Price per square foot

Sold · 12 months to June 2026
£232per sq ft↓ 9% below Plymouth

104 matched sales

Plymouth: £255 per sq ft

Asking · current listings
£249per sq ftIn line with Plymouth

87 listings with a known floor area

Plymouth: £247 per sq ft

Asking price per sq ft by property type in Millbay

Current listings with a known floor area; the count under each row

Median asking price per sq ft by property type
property typeMillbayPlymouth
Flats (70 listings)£267£238

Asking against sold price per sq ft by property type in Millbay

Today's listings against Land Registry sales in the 12 months to June 2026

TypeAskingSoldAsking vs sold
Flat / maisonette£26770 listings£24669 sales+8.5%

Per square foot, so size differences are already taken out; what remains is a mix of pricing, condition and which homes happen to be for sale versus sold. Context, not a discount.

Sold price per sq ft by property type in Millbay

Median sold price per sq ft by property type
property typeMillbayPlymouth
Terraced (34 sales)£226£229
Flat / maisonette (69 sales)£246£221

Sold prices per sq ft in Millbay are up 29% over 10 years, to £232

Plymouth: up 41% to £255 over the same period

Sold price per square foot over time (12-month windows ending each quarter)
Window endsMillbayPlymouth
Sept 2016£180£181
Dec 2016£176£181
Mar 2017£175£183
Jun 2017£179£182
Sept 2017£187£186
Dec 2017£191£187
Mar 2018£194£188
Jun 2018£185£189
Sept 2018£179£190
Dec 2018£178£191
Mar 2019£183£191
Jun 2019£184£194
Sept 2019£198£194
Dec 2019£200£193
Mar 2020£198£194
Jun 2020£198£195
Sept 2020£195£198
Dec 2020£191£204
Mar 2021£196£207
Jun 2021£205£210
Sept 2021£203£213
Dec 2021£206£213
Mar 2022£212£219
Jun 2022£219£224
Sept 2022£232£234
Dec 2022£235£243
Mar 2023£232£247
Jun 2023£232£248
Sept 2023£224£247
Dec 2023£222£245
Mar 2024£222£244
Jun 2024£227£246
Sept 2024£227£248
Dec 2024£231£250
Mar 2025£235£252
Jun 2025£230£252
Sept 2025£232£252
Dec 2025£232£253
Mar 2026£228£254
Jun 2026£232£255

Sold figures: HM Land Registry and EPC data, excluding new-builds. Asking figures: current listings with a known floor area.

Homes sold in Millbay

Land Registry records for the 12 months to December 2025

Completed sales
163↓ 18% vs previous year

Previous 12 months: 199 sales

Median sold price
£190,000↓ 16% below Plymouth

Plymouth: £227,000

Market pace
-18%well below 5-year norm

vs Millbay's norm of 199 sales a year · Plymouth: +4%

Sales are running well below Millbay's five-year norm; Plymouth is 4% above its own norm.

How sold prices have moved by property type in Millbay

Median sold price in the 12 months to December 2025 against the same window one and five years earlier

TypeSalesMedianvs 1 year agovs 5 years ago
All types163£190k+5.6%+11.8%
Flat / maisonette114£168k+3.1%+10.5%
Terraced48£245k+13.2%+28.7%

Changes compare medians of different homes sold in each window, so they mix price movement with what happened to sell; cells with fewer than 30 sales at either end are n/a.

Median sold price by property type in Millbay

Number of sales in the window under each type

Median sold price by property type
property typeMillbayPlymouth
Flat / maisonette (114 sales)£168,000£135,000
Terraced (48 sales)£244,500£210,000

The median sold price in Millbay is up 36% over 10 years, to £190k

Now 16% below Plymouth (£227k)

Median sold price over time (12-month windows ending each quarter)
Window endsMillbayPlymouth
Mar 2016£140k£158k
Jun 2016£142k£160k
Sept 2016£146k£162k
Dec 2016£148k£162k
Mar 2017£155k£164k
Jun 2017£160k£164k
Sept 2017£158k£165k
Dec 2017£153k£167k
Mar 2018£151k£170k
Jun 2018£150k£170k
Sept 2018£151k£170k
Dec 2018£154k£170k
Mar 2019£153k£170k
Jun 2019£155k£170k
Sept 2019£159k£170k
Dec 2019£167k£174k
Mar 2020£170k£175k
Jun 2020£170k£176k
Sept 2020£170k£180k
Dec 2020£170k£185k
Mar 2021£170k£190k
Jun 2021£175k£194k
Sept 2021£173k£195k
Dec 2021£172k£193k
Mar 2022£166k£195k
Jun 2022£170k£195k
Sept 2022£170k£204k
Dec 2022£170k£210k
Mar 2023£170k£212k
Jun 2023£165k£215k
Sept 2023£165k£210k
Dec 2023£166k£210k
Mar 2024£180k£210k
Jun 2024£170k£212k
Sept 2024£175k£215k
Dec 2024£180k£220k
Mar 2025£180k£225k
Jun 2025£180k£225k
Sept 2025£203k£225k
Dec 2025£190k£227k

163 homes sold in Millbay in the 12 months to December 2025, 18% fewer than the year before

Previous 12 months: 199

Homes sold over time (12-month windows ending each quarter)
Window endsMillbay
Mar 2016242
Jun 2016242
Sept 2016230
Dec 2016227
Mar 2017204
Jun 2017215
Sept 2017229
Dec 2017228
Mar 2018218
Jun 2018220
Sept 2018221
Dec 2018208
Mar 2019208
Jun 2019208
Sept 2019192
Dec 2019194
Mar 2020187
Jun 2020153
Sept 2020139
Dec 2020146
Mar 2021174
Jun 2021235
Sept 2021262
Dec 2021271
Mar 2022285
Jun 2022286
Sept 2022293
Dec 2022302
Mar 2023270
Jun 2023236
Sept 2023224
Dec 2023199
Mar 2024197
Jun 2024203
Sept 2024191
Dec 2024199
Mar 2025195
Jun 2025170
Sept 2025174
Dec 2025163

Recent sales in Millbay

The newest completed sales registered with HM Land Registry

AddressSoldTypePrice£/sq ft
14 Frederick Street East · PL1 5JXJun 2026Terraced · Freehold£185,000£165
Flat 18, Citadel Court, 2 Elliot Street · PL1 2PPJun 2026Flat / maisonette · Leasehold£90,000£171
2 Hoe Gardens · PL1 2JDMay 2026Terraced · Freehold£395,000£232
19 Waterloo Close · PL1 3STMay 2026Terraced · Freehold£172,000£158
7 Kingdom Street · PL1 3GJMay 2026Flat / maisonette · Leasehold£168,000£347
9 Willoughby Way · PL1 3GAMay 2026Flat / maisonette · Leasehold£250,000£302
Flat 4, 7 Wyndham Square · PL1 5EFMay 2026Flat / maisonette · Leasehold£94,000£146
Flat 2, 27 Craigie Drive · PL1 3GPMay 2026Flat / maisonette · Leasehold£218,000£274
Flat 39, 169 Durnford Street · PL1 3QRMay 2026Flat / maisonette · Leasehold£400,000n/a
Flat 65, Wesley Court, 1 Millbay Road · PL1 3LBMay 2026Flat / maisonette · Leasehold£135,000£246
Flat 2, 28 Arundel Crescent · PL1 5DYMay 2026Flat / maisonette · Leasehold£125,000n/a
216 Citadel Road · PL1 3BBMay 2026Flat / maisonette · Leasehold£142,000n/a

Contains HM Land Registry and EPC data.

What listings offer

Gardens
43%

Fewer gardens than Plymouth

43% of listings have a garden; Plymouth: 71%. 59 of 136 listings have a garden. Counted from listing descriptions, so treat as a lower bound.
Parking
70%

Less parking than Plymouth

70% of listings have parking or a garage; Plymouth: 75%. 95 of 136 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.
Chain-free
36%

Chain-free in line with Plymouth

36% of listings are listed as chain-free; Plymouth: 34%. 49 of 136 listings are listed as chain-free. Counted from listing descriptions, so treat as a lower bound.

Current listings worth a look

Picked by simple rules, not adverts: cheapest, most space, gardens

Watching the Millbay market?

Perch sends you the new listings, price drops and off-market moves that match your search, every morning, from every estate agent we track.

Set up my daily briefing

How nearby areas compare

Current listings around Millbay

AreaFor saleMedian askingMedian 2-bedSold £/sq ftHouses
Millbay136£210k£220k£23219%
Barbican129£170k£210k£23219%
Stoke136£183k£170k£20339%
Mutley135£240k£160k£21464%
Plymouthbenchmark1,021£230k£190k£25565%

Millbay property market: common questions

Where is Millbay?

Millbay is about 2 miles south-west of central Plymouth, in Devon. Figures for Millbay cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.

What is the average house price in Millbay?

The median asking price across the 136 homes for sale in Millbay is £210,000 (as of 20 August 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £140,000 and £317,500. That is 9% below Plymouth. Homes that actually sold in Millbay went for a median £190,000 (Land Registry, 12 months to December 2025).

How many homes are for sale in Millbay?

136 homes are on the market in Millbay right now, 45 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.

Are house prices being cut in Millbay?

11 listings in Millbay had their asking price reduced in the last 30 days, about 8% of the homes currently for sale.

How long are homes on the market in Millbay?

Of the Millbay listings that came off the market in the last 30 days and that we first saw after we began tracking the area, the typical one had been advertised for 36 days. Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.

How much do flats and houses cost in Millbay?

The median asking price for a flat in Millbay is £190,000; for a house it is £337,500. Use the property type and bedroom filters on this page for a finer cut.

What is the price per square foot in Millbay?

In Millbay, homes that sold went for a median £232 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £249 per sq ft.

How these numbers are made

  • Asking figures: Current listings we track across estate agents and portals (136 in Millbay), refreshed daily, as of 20 August 2026. We quote medians, never means, and suppress anything based on fewer than 5 listings. Figures for Millbay cover listings within about 1 km of its centre (the dashed ring on the map), not an official boundary.
  • Off market and time listed: Off-market counts include only listings confirmed off the market after a short grace period; "typical time listed" is time advertised, not time to sell. We have tracked Millbay since October 2025.
  • Plymouth comparisons: The same daily snapshot taken across the whole of Plymouth, so both sides of every comparison share one basis. Where a comparison spans all property types, some of the gap reflects what is for sale here.
  • Sold figures: HM Land Registry price paid data for the 12 months to December 2025 (the latest months are left out while sales are still being registered), with floor areas from EPC certificates. England and Wales; new-builds and non-standard transactions excluded.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0, and Energy Performance of Buildings Data: England and Wales © Crown copyright.