Under Lane - PL15 7FT
Key Postcode Insights
PL15 7FT is a residential postcode situated on Under Lane, Trebursye, Launceston, PL15 with 1 addresses.
It ranks as the 5th largest and 313th most expensive of the 882 postcodes in the PL15 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £260,372
- 10 Year change
- up 41.2%
- Ave. Rental Price
- £890pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £361/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
PL15 7FT is a residential postcode situated on Under Lane, Trebursye, Launceston, PL15 with 1 addresses.
It ranks as the 5th largest and 313th most expensive of the 882 postcodes in the PL15 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £260,372
- 10 Year change
- up 41.2%
- Ave. Rental Price
- £890pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £361/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Sales Market Trends
The last sale in PL15 7FT sold for £55,000 on 27th February 2018. Since then prices are down an average of 0.0%.
The current average value in the postcode is £260,372.
The PL15 7FT Sales Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £260,372 |
| June 2025 | -0.6% | £253,458 |
| June 2024 | -1.3% | £254,962 |
| June 2023 | 1.7% | £258,379 |
| June 2022 | 13.1% | £254,127 |
| June 2021 | 9.1% | £224,785 |
| June 2020 | -0.9% | £206,113 |
| June 2019 | 2.1% | £207,985 |
| June 2018 | 7.3% | £203,719 |
| June 2017 | 3% | £189,929 |
| June 2016 | 2.4% | £184,387 |
| June 2015 | 2.7% | £180,130 |
| June 2014 | 4% | £175,422 |
| June 2013 | 3.5% | £168,595 |
| June 2012 | -2.7% | £162,905 |
| June 2011 | -2.4% | £167,358 |
| June 2010 | 6.5% | £171,529 |
| June 2009 | -12.8% | £161,009 |
| June 2008 | -3.8% | £184,679 |
| June 2007 | 0% | £191,920 |
Rental Market Trends
The current average rental value in the postcode is £890.
The PL15 7FT Rental Market has increased by 60.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £890pcm |
| June 2025 | 6.9% | £841pcm |
| June 2024 | 3.2% | £787pcm |
| June 2023 | 4.2% | £763pcm |
| June 2022 | 13.8% | £732pcm |
| June 2021 | 7.4% | £643pcm |
| June 2020 | 1.7% | £599pcm |
| June 2019 | 1% | £589pcm |
| June 2018 | 1.6% | £583pcm |
| June 2017 | 3.3% | £574pcm |
| June 2016 | 2.3% | £556pcm |
| June 2015 | 0.6% | £543pcm |
| June 2014 | 4.1% | £540pcm |
| June 2013 | 1.1% | £518pcm |
| June 2012 | -1.3% | £513pcm |
| June 2011 | 1.1% | £520pcm |
| June 2010 | 6.3% | £514pcm |
| June 2009 | -10% | £484pcm |
| June 2008 | 0.9% | £537pcm |
| June 2007 | 0% | £533pcm |
Sales History
The last sale was on 27th February 2018 for £55,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PL15 7FT has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PL15 7FT is the 5th largest and the 313th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8QZ, Church Lea, Launceston, PL15PL15 8QZ21 Addresses|426 m away
- PL15 8HU, Boyton, Launceston, PL15PL15 8HU15 Addresses|427 m away
- PL15 8GX, Riverside Mills, Launceston, PL15PL15 8GX21 Addresses|437 m away
- PL15 7EN, Boyton, Launceston, PL15PL15 7EN9 Addresses|449 m away
- PL15 8HX, Treloar Terrace, Launceston, PL15PL15 8HX6 Addresses|458 m away
Property Types
- 1 other address of unknown type
- Unknown (1)
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 (1)
Top 3 Most Expensive Sales
- Sold Nov 2020£710,000 | 4 Bed HouseWestern Meadows, Under Lane, Launceston, PL15 8SNWestern Meadows, Under Lane, Launceston, PL15 8SN
- Sold Jun 2007£490,000 | 4 Bed HouseTwo Acres, Under Lane, Launceston, PL15 8SNTwo Acres, Under Lane, Launceston, PL15 8SN
- Sold Dec 2012£430,000 | 4 Bed HouseWestern Meadows, Under Lane, Launceston, PL15 8SNWestern Meadows, Under Lane, Launceston, PL15 8SN
Schools Nearby
- St Stephens Community Academy800 m away
- St Catherine's CofE Primary School1.1 km away
- Windmill Hill Academy1.2 km away
- Launceston College1.7 km away
- Callington Community College15.5 km away
- Tavistock College19.0 km away
More reading links
Public Transport Nearby
The closest station to PL15 7FT is Gunnislake station, which is 17.6 kilometres away.
- Gunnislake|17.6 km away
- Calstock|19.7 km away
- Bere Alston|21.1 km away
- Liskeard|22.5 km away
