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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PL15 7BUHouse Prices / South West, Cornwall, Chapel, Launceston
Last updated May 2026
Key Postcode Insights
PL15 7BU is a residential postcode situated on Chapel, Launceston, PL15 with 2 addresses.
It ranks as the 53rd largest and 299th most expensive of the 881 postcodes in the PL15 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
PL15 7BU is a residential postcode situated on Chapel, Launceston, PL15 with 2 addresses.
It ranks as the 53rd largest and 299th most expensive of the 881 postcodes in the PL15 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin PL15 7BU
Sale prices range from £242,347 for 3 bedroom freehold houses with a garden (1,258 ft2) to £273,581 for 4 bedroom freehold houses with a garden (1,528 ft2) .
Monthly rental prices range from £1,064 pcm for 3 bed houses to £1,162 pcm for 4 bed houses.
The gross rental yield is between 5.1% and 5.3%.
The average value per square foot is £186.
Average Sale Value
£257,964
Average Rental Value
£1,113 pcm
Average Rental Yield
5.2% /year
Average Value Per Sqft
£186 /ft2
Sales Market Trendsin PL15 7BU
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 £257,964.
The PL15 7BU Sales Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £257,964 |
| April 2025 | -1.1% | £248,967 |
| April 2024 | -1.6% | £251,687 |
| April 2023 | 4.4% | £255,753 |
| April 2022 | 8.8% | £244,886 |
| April 2021 | 12.1% | £225,065 |
| April 2020 | -0.5% | £200,859 |
| April 2019 | 2.7% | £201,780 |
| April 2018 | 6.2% | £196,380 |
| April 2017 | 4.7% | £184,896 |
| April 2016 | 2.9% | £176,557 |
| April 2015 | 1.7% | £171,498 |
| April 2014 | 5.1% | £168,550 |
| April 2013 | 0.7% | £160,361 |
| April 2012 | -1.4% | £159,244 |
| April 2011 | -0.4% | £161,492 |
| April 2010 | 4.4% | £162,134 |
| April 2009 | -12.9% | £155,343 |
| April 2008 | -1.4% | £178,264 |
| April 2007 | 0% | £180,803 |
Rental Market Trendsin PL15 7BU
The current average rental value in the postcode is £1,113.
The PL15 7BU Rental Market has increased by 54.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,113pcm |
| April 2025 | 5.2% | £1,074pcm |
| April 2024 | 4.2% | £1,021pcm |
| April 2023 | 4.1% | £980pcm |
| April 2022 | 14.3% | £941pcm |
| April 2021 | 5.8% | £823pcm |
| April 2020 | 1.8% | £778pcm |
| April 2019 | 0.9% | £764pcm |
| April 2018 | 2.5% | £758pcm |
| April 2017 | 2.9% | £739pcm |
| April 2016 | 2.3% | £718pcm |
| April 2015 | 1.2% | £702pcm |
| April 2014 | 3.1% | £694pcm |
| April 2013 | 1.5% | £673pcm |
| April 2012 | -0.1% | £663pcm |
| April 2011 | 1.8% | £664pcm |
| April 2010 | 3.9% | £653pcm |
| April 2009 | -9.7% | £628pcm |
| April 2008 | 6.4% | £695pcm |
| April 2007 | 0% | £653pcm |
Explore Propertiesin PL15 7BU, Chapel, Launceston, PL15
Sales Historyin PL15 7BU
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 Postcodesto PL15 7BU
PL15 7BU is the 53rd largest and the 299th most expensive postcode out of the 881 postcodes in the PL15 area.
- 58 mPL15 7EH, Chapel, Launceston, PL15PL15 7EH6 Addresses
- 59 mPL15 7DH, Ranch View, Launceston, PL15PL15 7DH12 Addresses
- 111 mPL15 7DU, Summerhill Road, Launceston, PL15PL15 7DU33 Addresses
- 131 mPL15 7DX, Highfield Park Road, Launceston, PL15PL15 7DX24 Addresses
- 138 mPL15 7DQ, Launceston, PL15PL15 7DQ16 Addresses
- 139 mPL15 7BX, Chapel, Launceston, PL15PL15 7BX8 Addresses
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Property Typesin PL15 7BU
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiencyof properties in PL15 7BU
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Schools Nearbyto PL15 7BU
The nearest primary school to PL15 7BU is St Catherine's CofE Primary School which is 419 metres away.
- 419mSt Catherine's CofE Primary School
- 791mWindmill Hill Academy
- 1.4kmLaunceston Primary School
The nearest secondary school is Launceston College which is 1.1 kilometres away.
- 1.1kmLaunceston College
- 14.7kmCallington Community College
- 18.4kmTavistock College
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Public Transport Nearbyto PL15 7BU
The closest station to PL15 7BU is Gunnislake station which is 16.9 kilometres away.
- 16.9kmGunnislake
- 18.9kmCalstock
- 20.4kmBere Alston
- 21.8kmLiskeard
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