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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PL15 7LBHouse Prices / South West, Cornwall, South Petherwin, Launceston
Last updated May 2026
Key Postcode Insights
PL15 7LB is a residential postcode situated on South Petherwin, Launceston, PL15 with 2 addresses.
It ranks as the 60th largest and 505th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
PL15 7LB is a residential postcode situated on South Petherwin, Launceston, PL15 with 2 addresses.
It ranks as the 60th largest and 505th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin PL15 7LB
Sale prices range from £304,764 for 3 bedroom freehold houses with a garden (957 ft2) to £379,186 for 4 bedroom freehold houses with a garden (1,388 ft2) .
Monthly rental prices range from £1,138 pcm for 3 bed houses to £1,334 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 4.5%.
The average value per square foot is £296.
Average Sale Value
£341,975
Average Rental Value
£1,236 pcm
Average Rental Yield
4.3% /year
Average Value Per Sqft
£296 /ft2
Sales Market Trendsin PL15 7LB
The last sale in PL15 7LB sold for £221,500 on 11th January 2017. Since then prices are up an average of 39.7%.
The current average value in the postcode is £341,975.
The PL15 7LB Sales Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £341,975 |
| April 2025 | -1.1% | £331,084 |
| April 2024 | -1.7% | £334,816 |
| April 2023 | 4.3% | £340,447 |
| April 2022 | 8.9% | £326,294 |
| April 2021 | 12.3% | £299,693 |
| April 2020 | 0% | £266,783 |
| April 2019 | 2.7% | £266,821 |
| April 2018 | 6.3% | £259,842 |
| April 2017 | 4.8% | £244,526 |
| April 2016 | 3% | £233,298 |
| April 2015 | 1.8% | £226,438 |
| April 2014 | 4.7% | £222,391 |
| April 2013 | 0.7% | £212,424 |
| April 2012 | -1.1% | £210,994 |
| April 2011 | -0.2% | £213,275 |
| April 2010 | 4.5% | £213,743 |
| April 2009 | -12.2% | £204,557 |
| April 2008 | -1.2% | £233,104 |
| April 2007 | 0% | £235,969 |
Rental Market Trendsin PL15 7LB
The current average rental value in the postcode is £1,236.
The PL15 7LB Rental Market has increased by 55.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,236pcm |
| April 2025 | 5.1% | £1,196pcm |
| April 2024 | 4.2% | £1,138pcm |
| April 2023 | 4.3% | £1,092pcm |
| April 2022 | 14.2% | £1,047pcm |
| April 2021 | 6.1% | £917pcm |
| April 2020 | 2.1% | £865pcm |
| April 2019 | 0.9% | £847pcm |
| April 2018 | 2.7% | £840pcm |
| April 2017 | 3% | £818pcm |
| April 2016 | 2.3% | £794pcm |
| April 2015 | 1.2% | £777pcm |
| April 2014 | 2.9% | £767pcm |
| April 2013 | 1.5% | £746pcm |
| April 2012 | 0.3% | £734pcm |
| April 2011 | 1.9% | £733pcm |
| April 2010 | 4% | £719pcm |
| April 2009 | -9.1% | £691pcm |
| April 2008 | 6.6% | £761pcm |
| April 2007 | 0% | £714pcm |
Explore Propertiesin PL15 7LB, South Petherwin, Launceston, PL15
- Enfield House, Launceston, PL15 7LB
- Newden, Launceston, PL15 7LB3 bed modern house
Sales Historyin PL15 7LB
The last sale was on 11th January 2017 for £221,500 and since then the market in the area has increased by 39.7%. The postcode has had a total of 4 sales since 1995.
PL15 7LB has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PL15 7LB
PL15 7LB is the 60th largest and the 505th most expensive postcode out of the 881 postcodes in the PL15 area.
- 77 mPL15 7TH, Trelinnoe Gardens, South Petherwin, Launceston, PL15PL15 7TH54 Addresses
- 93 mPL15 7JZ, South Petherwin, Launceston, PL15PL15 7JZ30 Addresses
- 96 mPL15 7LA, Paternus Close, South Petherwin, Launceston, PL15PL15 7LA5 Addresses
- 132 mPL15 7LE, South Petherwin, Launceston, PL15PL15 7LE8 Addresses
- 141 mPL15 7JY, Trelindon, South Petherwin, Launceston, PL15PL15 7JY7 Addresses
- 175 mPL15 7JU, South Petherwin, Launceston, PL15PL15 7JU7 Addresses
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Property Typesin PL15 7LB
- 1 modern house built after 1980
- 1 other address of unknown type
- modern house (1)
- Unknown (1)
Energy Efficiencyof properties in PL15 7LB
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson South Petherwin, Launceston
Schools Nearbyto PL15 7LB
The nearest primary school to PL15 7LB is South Petherwin Community Primary School which is 221 metres away.
- 221mSouth Petherwin Community Primary School
- 2.2kmTregadillett Primary School
- 2.5kmSt Catherine's CofE Primary School
The nearest secondary school is Launceston College which is 3.2 kilometres away.
- 3.2kmLaunceston College
- 13.0kmCallington Community College
- 17.8kmLiskeard School and Community College
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Public Transport Nearbyto PL15 7LB
The closest station to PL15 7LB is Gunnislake station which is 16.2 kilometres away.
- 16.2kmGunnislake
- 18.1kmCalstock
- 19.0kmLiskeard
- 19.5kmBere Alston
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