PL15 7BQ

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PL15 7BQHouse Prices / South West, Cornwall, Western Road

Name: PL15 7BQ
Address: PL15 7BQ, Cornwall, South West, PL15 7BQ, United Kingdom

Last updated May 2026

Key Postcode Insights

PL15 7BQ is a residential postcode situated on Western Road, Launceston, PL15 with 12 addresses.

It ranks as the 516th largest and 111th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a modern house built after 1980.

The postcode contains a total of 12 properties: 2 houses and 10 flats.

Properties

Houses
Flats

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Key Postcode Insights

PL15 7BQ is a residential postcode situated on Western Road, Launceston, PL15 with 12 addresses.

It ranks as the 516th largest and 111th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a modern house built after 1980.

The postcode contains a total of 12 properties: 2 houses and 10 flats.

Properties

Houses
Flats

Unlock Real Time Insights Into Current House Prices

Can I improve my house price estimate?

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House Pricesin PL15 7BQ

Sale prices range from £155,435 for 2 bedroom leasehold flats (742 ft²) to £275,055 for 4 bedroom freehold houses with a garden (1,722 ft²) .

Monthly rental prices range from £583 pcm for 2 bed flats to £1,126 pcm for 4 bed houses.

The gross rental yield is between 4.3% and 4.9%.

The average value per square foot is £202.

Average Sale Value

£182,149

Average Rental Value

£693 pcm

Average Rental Yield

4.6% /year

Average Value Per Sqft

£202 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin PL15 7BQ

The last sale in PL15 7BQ sold for £178,000 on 23rd August 2024. Since then prices are up an average of 2.7%.

The current average value in the postcode is £182,149.
The PL15 7BQ Sales Market has increased by 37.0% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	4%	£182,149
April 2025	-1.6%	£175,064
April 2024	-0.8%	£177,943
April 2023	3.3%	£179,449
April 2022	6.3%	£173,763
April 2021	11.2%	£163,517
April 2020	0.3%	£147,022
April 2019	1.8%	£146,577
April 2018	4.7%	£144,024
April 2017	3.5%	£137,535
April 2016	2.1%	£132,927
April 2015	1.4%	£130,139
April 2014	4%	£128,313
April 2013	-0.2%	£123,340
April 2012	-1.3%	£123,618
April 2011	-0.6%	£125,197
April 2010	2.4%	£125,992
April 2009	-12.6%	£123,013
April 2008	-1.2%	£140,793
April 2007	0%	£142,542

Rental Market Trendsin PL15 7BQ

The current average rental value in the postcode is £693.
The PL15 7BQ Rental Market has increased by 45.3% over the last 10 years.

Show table

Show chart

Period	Year on Year	Average Price
April 2026	4%	£693pcm
April 2025	4.7%	£666pcm
April 2024	5%	£637pcm
April 2023	3%	£607pcm
April 2022	11.6%	£589pcm
April 2021	5%	£528pcm
April 2020	2.6%	£502pcm
April 2019	-0.1%	£490pcm
April 2018	1%	£490pcm
April 2017	1.7%	£485pcm
April 2016	1.5%	£477pcm
April 2015	0.8%	£470pcm
April 2014	2.1%	£466pcm
April 2013	0.5%	£457pcm
April 2012	0%	£454pcm
April 2011	1.5%	£454pcm
April 2010	2%	£447pcm
April 2009	-9.5%	£439pcm
April 2008	6.6%	£484pcm
April 2007	0%	£454pcm

Explore Buildingsin PL15 7BQ, Western Road, Launceston, PL15

Duchy View, Western Road, Launceston, PL15 Modern building 12 units

Sales History
in PL15 7BQ

The last sale was on 23rd August 2024 for £178,000 and since then the market in the area has increased by 2.7%. The postcode has had a total of 7 sales since 1995.