Chapel, Launceston - PL15 7BX
Key Postcode Insights
PL15 7BX is a residential postcode situated on Chapel, Launceston, PL15 with 8 addresses.
It ranks as the 390th largest and 697th most expensive of the 882 postcodes in the PL15 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £458,920
- 10 Year change
- up 41.0%
- Ave. Rental Price
- £1,246pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £336/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Key Postcode Insights
PL15 7BX is a residential postcode situated on Chapel, Launceston, PL15 with 8 addresses.
It ranks as the 390th largest and 697th most expensive of the 882 postcodes in the PL15 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £458,920
- 10 Year change
- up 41.0%
- Ave. Rental Price
- £1,246pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £336/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Sales Market Trends
The last sale in PL15 7BX sold for £360,000 on 26th March 2024. Since then prices are up an average of 0.7%.
The current average value in the postcode is £458,920.
The PL15 7BX Sales Market has increased by 41.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £458,920 |
| June 2025 | -1.6% | £452,047 |
| June 2024 | -1.3% | £459,208 |
| June 2023 | 1.8% | £465,105 |
| June 2022 | 12% | £457,092 |
| June 2021 | 10.4% | £408,283 |
| June 2020 | -0.8% | £369,804 |
| June 2019 | 2.8% | £372,862 |
| June 2018 | 8.2% | £362,642 |
| June 2017 | 3% | £335,311 |
| June 2016 | 2% | £325,530 |
| June 2015 | 3.4% | £319,112 |
| June 2014 | 3.7% | £308,487 |
| June 2013 | 1.7% | £297,434 |
| June 2012 | -2% | £292,578 |
| June 2011 | -1.1% | £298,588 |
| June 2010 | 7.9% | £302,024 |
| June 2009 | -11.3% | £279,916 |
| June 2008 | -2.1% | £315,745 |
| June 2007 | 0% | £322,396 |
Rental Market Trends
The current average rental value in the postcode is £1,246.
The PL15 7BX Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,246pcm |
| June 2025 | 5.9% | £1,192pcm |
| June 2024 | 3.2% | £1,125pcm |
| June 2023 | 4.3% | £1,090pcm |
| June 2022 | 12.7% | £1,046pcm |
| June 2021 | 8.7% | £928pcm |
| June 2020 | 1.8% | £854pcm |
| June 2019 | 1.7% | £839pcm |
| June 2018 | 2.5% | £825pcm |
| June 2017 | 3.3% | £805pcm |
| June 2016 | 1.9% | £779pcm |
| June 2015 | 1.4% | £764pcm |
| June 2014 | 3.8% | £754pcm |
| June 2013 | -0.7% | £727pcm |
| June 2012 | -0.7% | £731pcm |
| June 2011 | 2.4% | £736pcm |
| June 2010 | 7.6% | £719pcm |
| June 2009 | -8.5% | £668pcm |
| June 2008 | 2.7% | £730pcm |
| June 2007 | 0% | £711pcm |
Sales History
The last sale was on 26th March 2024 for £360,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 7 sales since 1995.
PL15 7BX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£360,000 | 3 Bed HouseHomelea, Launceston, PL15 7BXHomelea, Launceston, PL15 7BX
- Sold Jan 2021£141,500 | 4 Bed HouseSouthville, Launceston, PL15 7BXSouthville, Launceston, PL15 7BX
- Sold Sep 2010£294,000 | 4 Bed HouseTregarth, Launceston, PL15 7BXTregarth, Launceston, PL15 7BX
- Sold May 2007£250,000 | 4 Bed HouseLancarrow, Launceston, PL15 7BXLancarrow, Launceston, PL15 7BX
- Sold Aug 2003£175,000 | 4 Bed HouseLancarrow, Launceston, PL15 7BXLancarrow, Launceston, PL15 7BX
Nearby Postcodes
PL15 7BX is the 390th largest and the 697th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7DU, Summerhill Road, Launceston, PL15PL15 7DU33 Addresses|105 m away
- PL15 7FZ, Long Meadow, Launceston, PL15PL15 7FZ55 Addresses|125 m away
- PL15 7BU, Chapel, Launceston, PL15PL15 7BU2 Addresses|139 m away
- PL15 7DX, Highfield Park Road, Launceston, PL15PL15 7DX24 Addresses|145 m away
- PL15 7DL, Meadowside, Launceston, PL15PL15 7DL14 Addresses|158 m away
Property Types
- 3 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 2 other addresses of unknown type
- modern house (3)
- mid-century house (1)
- house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
Schools Nearby
- St Catherine's CofE Primary School300 m away
- Windmill Hill Academy900 m away
- Launceston Primary School1.5 km away
- Launceston College1.2 km away
- Callington Community College14.7 km away
- Tavistock College18.4 km away
More reading links
Public Transport Nearby
The closest station to PL15 7BX is Gunnislake station, which is 16.9 kilometres away.
- Gunnislake|16.9 km away
- Calstock|19.0 km away
- Bere Alston|20.4 km away
- Liskeard|21.7 km away
