Western Road - PL15 7AR
Key Postcode Insights
PL15 7AR is a residential postcode situated on Western Road, Launceston, PL15 with 15 addresses.
It ranks as the 595th largest and 7th most expensive of the 882 postcodes in the PL15 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 15 properties: 1 house and 14 flats.
- Ave. Sale Price
- £79,344
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £426pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £153/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
PL15 7AR is a residential postcode situated on Western Road, Launceston, PL15 with 15 addresses.
It ranks as the 595th largest and 7th most expensive of the 882 postcodes in the PL15 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 15 properties: 1 house and 14 flats.
- Ave. Sale Price
- £79,344
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £426pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £153/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin PL15 7AR
- Old Revenue Building
Modern Building | 8 Units
- Western Court
Building | 4 Flats
- 1A Western Road
Building | 2 Flats
- 1A Western Road
2 Bed Modern Flat
Sales Market Trends
The last sale in PL15 7AR sold for £255,000 on 4th July 2024. Since then prices are up an average of 20.0%.
The current average value in the postcode is £79,344.
The PL15 7AR Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £79,344 |
| June 2025 | -1.4% | £77,615 |
| June 2024 | -0.8% | £78,689 |
| June 2023 | 1.2% | £79,339 |
| June 2022 | 10.7% | £78,419 |
| June 2021 | 8.4% | £70,816 |
| June 2020 | -0.7% | £65,347 |
| June 2019 | 1.6% | £65,781 |
| June 2018 | 6.2% | £64,732 |
| June 2017 | 1.5% | £60,925 |
| June 2016 | 1.1% | £60,041 |
| June 2015 | 2.4% | £59,397 |
| June 2014 | 2.6% | £58,018 |
| June 2013 | 2.4% | £56,554 |
| June 2012 | -2.7% | £55,254 |
| June 2011 | -2.3% | £56,780 |
| June 2010 | 3.9% | £58,092 |
| June 2009 | -13.5% | £55,899 |
| June 2008 | -2.6% | £64,638 |
| June 2007 | 0% | £66,373 |
Rental Market Trends
The current average rental value in the postcode is £426.
The PL15 7AR Rental Market has increased by 50.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £426pcm |
| June 2025 | 6.1% | £404pcm |
| June 2024 | 3.7% | £381pcm |
| June 2023 | 3.6% | £367pcm |
| June 2022 | 11.5% | £355pcm |
| June 2021 | 6.7% | £318pcm |
| June 2020 | 2% | £298pcm |
| June 2019 | 0.5% | £292pcm |
| June 2018 | 0.6% | £291pcm |
| June 2017 | 1.8% | £289pcm |
| June 2016 | 1% | £284pcm |
| June 2015 | 0.3% | £281pcm |
| June 2014 | 2.6% | £280pcm |
| June 2013 | -0.1% | £273pcm |
| June 2012 | -1.3% | £273pcm |
| June 2011 | 1.3% | £277pcm |
| June 2010 | 3.7% | £273pcm |
| June 2009 | -10.7% | £263pcm |
| June 2008 | 2.1% | £295pcm |
| June 2007 | 0% | £289pcm |
Sales History
The last sale was on 4th July 2024 for £255,000 and since then the market in the area has increased by 20.0%. The postcode has had a total of 8 sales since 1995.
PL15 7AR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£255,000 | 2 Bed Flat3A Western Court, Western Road, Launceston, PL15 7AR3A Western Court, Western Road, Launceston, PL15 7AR
- Sold Nov 2020£67,000 | 2 Bed Flat3C Western Court, Western Road, Launceston, PL15 7AR3C Western Court, Western Road, Launceston, PL15 7AR
- Sold Nov 2020£67,000 | 2 Bed Flat3C Western Court, Western Road, Launceston, PL15 7AR3C Western Court, Western Road, Launceston, PL15 7AR
- Sold Dec 2019£70,500 | 2 Bed Flat3A Western Court, Western Road, Launceston, PL15 7AR3A Western Court, Western Road, Launceston, PL15 7AR
- Sold Jul 2015£46,000 | 2 Bed Flat3C Western Court, Western Road, Launceston, PL15 7AR3C Western Court, Western Road, Launceston, PL15 7AR
Nearby Postcodes
PL15 7AR is the 595th largest and the 7th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7BQ, Western Road, Launceston, PL15PL15 7BQ12 Addresses|38 m away
- PL15 9JE, Dunheved Road, Launceston, PL15PL15 9JE41 Addresses|48 m away
- PL15 7BN, Fairfax Place, Launceston, PL15PL15 7BN4 Addresses|73 m away
- PL15 7BP, Western Terrace, Launceston, PL15PL15 7BP6 Addresses|75 m away
- PL15 9DR, Dunheved Road, Launceston, PL15PL15 9DR32 Addresses|113 m away
Property Types
- 13 modern flats built after 1980
- 2 mid-century flats built between 1936 and 1979
- modern flat (13)
- mid-century flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (3)
- G (0)
- D (5)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold May 2016£370,000 | 5 Bed House19A, Western Road, Launceston, PL15 7AU19A, Western Road, Launceston, PL15 7AU
- Sold Feb 2021£325,000 | 4 Bed House40, Western Road, Launceston, PL15 7AU40, Western Road, Launceston, PL15 7AU
- Sold Jul 2007£299,950 | 5 Bed House19A, Western Road, Launceston, PL15 7AU19A, Western Road, Launceston, PL15 7AU
Schools Nearby
- Windmill Hill Academy300 m away
- St Catherine's CofE Primary School1.0 km away
- Launceston Primary School1.1 km away
- Launceston College800 m away
- Callington Community College14.8 km away
- Tavistock College18.1 km away
More reading links
Public Transport Nearby
The closest station to PL15 7AR is Gunnislake station, which is 16.7 kilometres away.
- Gunnislake|16.7 km away
- Calstock|18.8 km away
- Bere Alston|20.3 km away
- Liskeard|22.3 km away