Chapel, Launceston - PL15 7BU
Key Postcode Insights
PL15 7BU is a residential postcode situated on Chapel, Launceston, PL15 with 2 addresses.
It ranks as the 55th largest and 315th most expensive of the 882 postcodes in the PL15 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £260,528
- 10 Year change
- up 41.7%
- Ave. Rental Price
- £1,052pcm
- 10 Year change
- up 60.8%
- Ave. £ per ft²
- £182/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PL15 7BU is a residential postcode situated on Chapel, Launceston, PL15 with 2 addresses.
It ranks as the 55th largest and 315th most expensive of the 882 postcodes in the PL15 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £260,528
- 10 Year change
- up 41.7%
- Ave. Rental Price
- £1,052pcm
- 10 Year change
- up 60.8%
- Ave. £ per ft²
- £182/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Sales Market Trends
The last sale in PL15 7BU sold for £68,500 on 26th March 1996. Since then prices are down an average of 0.0%.
The current average value in the postcode is £260,528.
The PL15 7BU Sales Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £260,528 |
| June 2025 | -1.6% | £254,751 |
| June 2024 | -1.3% | £258,799 |
| June 2023 | 1.9% | £262,234 |
| June 2022 | 12% | £257,342 |
| June 2021 | 9.9% | £229,823 |
| June 2020 | -0.8% | £209,174 |
| June 2019 | 2.7% | £210,948 |
| June 2018 | 8% | £205,437 |
| June 2017 | 3.5% | £190,258 |
| June 2016 | 2.2% | £183,893 |
| June 2015 | 3.2% | £179,985 |
| June 2014 | 3.9% | £174,333 |
| June 2013 | 1.8% | £167,766 |
| June 2012 | -1.8% | £164,772 |
| June 2011 | -1.4% | £167,733 |
| June 2010 | 7.6% | £170,045 |
| June 2009 | -11.7% | £157,992 |
| June 2008 | -2.4% | £179,021 |
| June 2007 | 0% | £183,430 |
Rental Market Trends
The current average rental value in the postcode is £1,052.
The PL15 7BU Rental Market has increased by 60.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £1,052pcm |
| June 2025 | 5.9% | £998pcm |
| June 2024 | 3.1% | £943pcm |
| June 2023 | 4.4% | £914pcm |
| June 2022 | 12.7% | £876pcm |
| June 2021 | 8.2% | £777pcm |
| June 2020 | 1.8% | £718pcm |
| June 2019 | 1.6% | £705pcm |
| June 2018 | 2.3% | £694pcm |
| June 2017 | 3.8% | £679pcm |
| June 2016 | 2.1% | £654pcm |
| June 2015 | 1.2% | £640pcm |
| June 2014 | 4% | £633pcm |
| June 2013 | -0.6% | £609pcm |
| June 2012 | -0.4% | £612pcm |
| June 2011 | 2.2% | £615pcm |
| June 2010 | 7.4% | £601pcm |
| June 2009 | -8.8% | £560pcm |
| June 2008 | 2.4% | £615pcm |
| June 2007 | 0% | £600pcm |
Sales History
The last sale was on 26th March 1996 for £68,500 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PL15 7BU has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PL15 7BU is the 55th largest and the 315th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7EH, Chapel, Launceston, PL15PL15 7EH6 Addresses|58 m away
- PL15 7DH, Ranch View, Launceston, PL15PL15 7DH12 Addresses|59 m away
- PL15 7DU, Summerhill Road, Launceston, PL15PL15 7DU33 Addresses|111 m away
- PL15 7DX, Highfield Park Road, Launceston, PL15PL15 7DX24 Addresses|131 m away
- PL15 7DQ, Boyton, Launceston, PL15PL15 7DQ16 Addresses|138 m away
Property Types
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- St Catherine's CofE Primary School400 m away
- Windmill Hill Academy800 m away
- Launceston Primary School1.4 km away
- Launceston College1.1 km away
- Callington Community College14.7 km away
- Tavistock College18.4 km away
More reading links
Public Transport Nearby
The closest station to PL15 7BU is Gunnislake station, which is 16.9 kilometres away.
- Gunnislake|16.9 km away
- Calstock|18.9 km away
- Bere Alston|20.4 km away
- Liskeard|21.8 km away