Pennygillam Way - PL15 7ED
Key Postcode Insights
PL15 7ED is a residential postcode situated on Pennygillam Way, Pennygillam Industrial Estate, Launceston, PL15 with 6 addresses.
It ranks as the 296th largest and 801st most expensive of the 882 postcodes in the PL15 area.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £562,165
- 10 Year change
- up 40.3%
- Ave. Rental Price
- £1,628pcm
- 10 Year change
- up 59.3%
- Ave. £ per ft²
- £234/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
PL15 7ED is a residential postcode situated on Pennygillam Way, Pennygillam Industrial Estate, Launceston, PL15 with 6 addresses.
It ranks as the 296th largest and 801st most expensive of the 882 postcodes in the PL15 area.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £562,165
- 10 Year change
- up 40.3%
- Ave. Rental Price
- £1,628pcm
- 10 Year change
- up 59.3%
- Ave. £ per ft²
- £234/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin PL15 7ED
- Unit 24F Pennygillam Way
Unknown
- Unit 39C Pennygillam Way
Unknown
- Unit B1-B2 Pennygillam Way
Unknown
- Unit C
Unknown
- Unit 4 Pennygillam Way
Unknown
Sales Market Trends
The last sale in PL15 7ED sold for £410,000 on 31st May 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £562,165.
The PL15 7ED Sales Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £562,165 |
| June 2025 | -1.8% | £559,114 |
| June 2024 | -1.2% | £569,089 |
| June 2023 | 1.6% | £576,288 |
| June 2022 | 11.5% | £567,303 |
| June 2021 | 11.3% | £508,588 |
| June 2020 | -0.6% | £456,841 |
| June 2019 | 3.1% | £459,722 |
| June 2018 | 8.4% | £445,971 |
| June 2017 | 2.7% | £411,290 |
| June 2016 | 1.8% | £400,592 |
| June 2015 | 3.8% | £393,498 |
| June 2014 | 3.4% | £379,229 |
| June 2013 | 0.9% | £366,606 |
| June 2012 | -1.9% | £363,254 |
| June 2011 | -0.6% | £370,439 |
| June 2010 | 8.5% | £372,521 |
| June 2009 | -10.7% | £343,380 |
| June 2008 | -1.3% | £384,311 |
| June 2007 | 0% | £389,270 |
Rental Market Trends
The current average rental value in the postcode is £1,628.
The PL15 7ED Rental Market has increased by 59.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,628pcm |
| June 2025 | 5.6% | £1,571pcm |
| June 2024 | 3.3% | £1,488pcm |
| June 2023 | 4.3% | £1,440pcm |
| June 2022 | 12.3% | £1,381pcm |
| June 2021 | 9.5% | £1,230pcm |
| June 2020 | 1.8% | £1,123pcm |
| June 2019 | 2% | £1,104pcm |
| June 2018 | 2.9% | £1,082pcm |
| June 2017 | 2.9% | £1,052pcm |
| June 2016 | 1.6% | £1,022pcm |
| June 2015 | 1.8% | £1,006pcm |
| June 2014 | 3.5% | £988pcm |
| June 2013 | -1.2% | £955pcm |
| June 2012 | -0.7% | £967pcm |
| June 2011 | 3% | £973pcm |
| June 2010 | 8.2% | £945pcm |
| June 2009 | -7.7% | £874pcm |
| June 2008 | 3.5% | £946pcm |
| June 2007 | 0% | £914pcm |
Sales History
The last sale was on 31st May 2024 for £410,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
PL15 7ED has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£410,000 | 5 Bed HouseUnit C, 1B, Pennygillam Way, Launceston, PL15 7EDUnit C, 1B, Pennygillam Way, Launceston, PL15 7ED
- Sold Nov 2021£384,000 | 5 Bed HouseUnit C, 1B, Pennygillam Way, Launceston, PL15 7EDUnit C, 1B, Pennygillam Way, Launceston, PL15 7ED
- Sold Nov 2013£108,000 | 5 Bed HouseUnit C, 1B, Pennygillam Way, Launceston, PL15 7EDUnit C, 1B, Pennygillam Way, Launceston, PL15 7ED
Nearby Postcodes
PL15 7ED is the 296th largest and the 801st most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7QA, Merchants Quay, Pennygillam Industrial Estate, Launceston, PL15PL15 7QA7 Addresses|134 m away
- PL15 7EF, Hawks Tor, Launceston, PL15PL15 7EF4 Addresses|272 m away
- PL15 7AH, Kensey Business Park, Pennygillam Industrial Estate, Launceston, PL15PL15 7AH2 Addresses|310 m away
- PL15 7GF, Tresmarrow Meadow, Launceston, PL15PL15 7GF4 Addresses|318 m away
- PL15 7EP, Boyton, Launceston, PL15PL15 7EP10 Addresses|333 m away
Property Types
- 6 other addresses of unknown type
- Unknown (6)
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 (6)
Top 3 Most Expensive Sales
- Sold May 2024£410,000 | 5 Bed HouseUnit C, 1B, Pennygillam Way, Launceston, PL15 7EDUnit C, 1B, Pennygillam Way, Launceston, PL15 7ED
- Sold Nov 2021£384,000 | 5 Bed HouseUnit C, 1B, Pennygillam Way, Launceston, PL15 7EDUnit C, 1B, Pennygillam Way, Launceston, PL15 7ED
- Sold Nov 2013£108,000 | 5 Bed HouseUnit C, 1B, Pennygillam Way, Launceston, PL15 7EDUnit C, 1B, Pennygillam Way, Launceston, PL15 7ED
Schools Nearby
- St Catherine's CofE Primary School500 m away
- Windmill Hill Academy1.6 km away
- Launceston Primary School1.9 km away
- Launceston College1.6 km away
- Callington Community College14.3 km away
- Tavistock College18.5 km away
More reading links
Public Transport Nearby
The closest station to PL15 7ED is Gunnislake station, which is 16.8 kilometres away.
- Gunnislake|16.8 km away
- Calstock|18.8 km away
- Bere Alston|20.2 km away
- Liskeard|21.0 km away