Millbay property market

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.

The median asking price across the 175 homes for sale in Millbay is £200,000 (as of 4 October 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 £143,500 and £295,000. That is 13% below Plymouth. Homes that actually sold in Millbay went for a median £190,000 (Land Registry, 12 months to January 2026).

Rising. Based on HM Land Registry completed sales, the median sold price in Millbay is up 36% over the last 10 years and up 6% over the last 12 months (12 months to January 2026). These medians compare the homes that happened to sell in each window, so they mix price movement with changes in what sold.

Yes: asking prices in Millbay are typically lower than across Plymouth. The median asking price in Millbay is £200,000 against £230k across Plymouth: 13% below Plymouth. Some of that gap reflects what is for sale in each place rather than like-for-like value. The saving holds from the lower end to the top of the market.

175 homes are on the market in Millbay right now, up 5% since 31 Aug, 48 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.

21 listings in Millbay had their asking price reduced in the last 30 days, about 12% of the homes currently for sale.

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 38 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 Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.

The median asking price for a flat in Millbay is £175,000. Houses are quoted by type rather than as one figure, because the mix moves the number more than the market does: the largest group on the market is terraced houses, at a median £350,000 across 34 listings. The Prices by property type chart on this page covers every type we track.

The median asking price for a two-bedroom flat in Millbay is £195,000, across 65 current listings.

There is no single three-bedroom house price: the largest group of three-bedroom houses for sale in Millbay is terraced houses, at a median asking price of £225,000 across 11 listings. The Size × type view on this page covers every combination we track.

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 £264 per sq ft.