Chapel, Launceston - PL15 7BY
Key Postcode Insights
PL15 7BY is a residential postcode situated on Chapel, Launceston, PL15 with 12 addresses.
It ranks as the 518th largest and 11th 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 12 properties: 4 houses and 8 flats.
- Ave. Sale Price
- £141,522
- 10 Year change
- up 36.0%
- Ave. Rental Price
- £608pcm
- 10 Year change
- up 54.3%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
PL15 7BY is a residential postcode situated on Chapel, Launceston, PL15 with 12 addresses.
It ranks as the 518th largest and 11th 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 12 properties: 4 houses and 8 flats.
- Ave. Sale Price
- £141,522
- 10 Year change
- up 36.0%
- Ave. Rental Price
- £608pcm
- 10 Year change
- up 54.3%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin PL15 7BY
- Duchy Valley
3 Bed Modern House
- Elesem House
5 Bed Modern House
- Greenbank
2 Bed Mid-century House
- Southcott
Unknown
- 1 Chapel Flats Launceston
1 Bed Modern Flat
Sales Market Trends
The last sale in PL15 7BY sold for £196,500 on 31st January 2020. Since then prices are up an average of 22.6%.
The current average value in the postcode is £141,522.
The PL15 7BY Sales Market has increased by 36.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £141,522 |
| June 2025 | -1.4% | £138,699 |
| June 2024 | -1% | £140,612 |
| June 2023 | 1.5% | £142,055 |
| June 2022 | 11.3% | £140,024 |
| June 2021 | 9.1% | £125,755 |
| June 2020 | -0.8% | £115,242 |
| June 2019 | 2.1% | £116,124 |
| June 2018 | 7% | £113,770 |
| June 2017 | 2.1% | £106,318 |
| June 2016 | 1.5% | £104,085 |
| June 2015 | 2.8% | £102,568 |
| June 2014 | 3.1% | £99,813 |
| June 2013 | 2.2% | £96,827 |
| June 2012 | -2.5% | £94,709 |
| June 2011 | -1.9% | £97,094 |
| June 2010 | 5.4% | £98,989 |
| June 2009 | -12.8% | £93,909 |
| June 2008 | -2.5% | £107,713 |
| June 2007 | 0% | £110,526 |
Rental Market Trends
The current average rental value in the postcode is £608.
The PL15 7BY Rental Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £608pcm |
| June 2025 | 6.1% | £578pcm |
| June 2024 | 3.4% | £545pcm |
| June 2023 | 3.9% | £527pcm |
| June 2022 | 12.1% | £507pcm |
| June 2021 | 7.5% | £452pcm |
| June 2020 | 1.9% | £421pcm |
| June 2019 | 0.9% | £413pcm |
| June 2018 | 1.4% | £409pcm |
| June 2017 | 2.4% | £403pcm |
| June 2016 | 1.4% | £394pcm |
| June 2015 | 0.7% | £388pcm |
| June 2014 | 3.1% | £386pcm |
| June 2013 | -0.2% | £374pcm |
| June 2012 | -1.1% | £374pcm |
| June 2011 | 1.7% | £379pcm |
| June 2010 | 5.1% | £372pcm |
| June 2009 | -9.9% | £354pcm |
| June 2008 | 2.2% | £393pcm |
| June 2007 | 0% | £385pcm |
Sales History
The last sale was on 31st January 2020 for £196,500 and since then the market in the area has increased by 22.6%. The postcode has had a total of 7 sales since 1995.
PL15 7BY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2020£196,500 | 3 Bed HouseDuchy Valley, Launceston, PL15 7BYDuchy Valley, Launceston, PL15 7BY
- Sold Aug 2019£257,520 | 5 Bed HouseElesem House, Launceston, PL15 7BYElesem House, Launceston, PL15 7BY
- Sold Nov 2017£229,950 | 3 Bed HouseDuchy Valley, Launceston, PL15 7BYDuchy Valley, Launceston, PL15 7BY
- Sold Apr 2017£175,000 | 2 Bed HouseGreenbank, Launceston, PL15 7BYGreenbank, Launceston, PL15 7BY
- Sold Mar 2010£190,000 | 3 Bed HouseDuchy Valley, Launceston, PL15 7BYDuchy Valley, Launceston, PL15 7BY
Nearby Postcodes
PL15 7BY is the 518th largest and the 11th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7FL, Chapel Close, Coads Green, Launceston, PL15PL15 7FL4 Addresses|32 m away
- PL15 7BT, Chapel Park Gardens, Launceston, PL15PL15 7BT12 Addresses|59 m away
- PL15 7BE, Carboth Lane, Launceston, PL15PL15 7BE1 Addresses|67 m away
- PL15 7DF, Chapel Park Terrace, Launceston, PL15PL15 7DF6 Addresses|89 m away
- PL15 7AT, Western Road, Launceston, PL15PL15 7AT5 Addresses|89 m away
Property Types
- 2 modern houses built after 1980
- 8 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- modern house (2)
- modern flat (8)
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (7)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
Schools Nearby
- Windmill Hill Academy500 m away
- St Catherine's CofE Primary School600 m away
- Launceston Primary School1.1 km away
- Launceston College800 m away
- Callington Community College14.5 km away
- Tavistock College18.1 km away
More reading links
Public Transport Nearby
The closest station to PL15 7BY is Gunnislake station, which is 16.6 kilometres away.
- Gunnislake|16.6 km away
- Calstock|18.7 km away
- Bere Alston|20.1 km away
- Liskeard|21.9 km away
