South Petherwin, Launceston - PL15 7LE
Key Postcode Insights
PL15 7LE is a residential postcode situated on South Petherwin, Launceston, PL15 with 8 addresses.
It ranks as the 394th largest and 533rd most expensive of the 882 postcodes in the PL15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £379,070
- 10 Year change
- up 41.1%
- Ave. Rental Price
- £1,204pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £293/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
PL15 7LE is a residential postcode situated on South Petherwin, Launceston, PL15 with 8 addresses.
It ranks as the 394th largest and 533rd most expensive of the 882 postcodes in the PL15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £379,070
- 10 Year change
- up 41.1%
- Ave. Rental Price
- £1,204pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £293/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin PL15 7LE
- 1 Guest Cottages Launceston
3 Bed Period House
- 2 Guest Cottages Launceston
Unknown
- 3 Guest Cottages Launceston
Unknown
- Chy-Hendra
4 Bed Modern House
- Denley Barn
5 Bed House
Sales Market Trends
The last sale in PL15 7LE sold for £35,000 on 4th January 2023. Since then prices are down an average of 1.7%.
The current average value in the postcode is £379,070.
The PL15 7LE Sales Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £379,070 |
| June 2025 | -1.3% | £372,180 |
| June 2024 | -1.3% | £377,077 |
| June 2023 | 1.6% | £382,200 |
| June 2022 | 12.1% | £376,039 |
| June 2021 | 10.2% | £335,366 |
| June 2020 | -0.6% | £304,404 |
| June 2019 | 2.6% | £306,338 |
| June 2018 | 7.8% | £298,537 |
| June 2017 | 3.1% | £276,983 |
| June 2016 | 2.2% | £268,580 |
| June 2015 | 3.2% | £262,832 |
| June 2014 | 3.8% | £254,741 |
| June 2013 | 1.9% | £245,395 |
| June 2012 | -2% | £240,908 |
| June 2011 | -1.4% | £245,756 |
| June 2010 | 7.5% | £249,183 |
| June 2009 | -11.7% | £231,694 |
| June 2008 | -2.4% | £262,417 |
| June 2007 | 0% | £269,002 |
Rental Market Trends
The current average rental value in the postcode is £1,204.
The PL15 7LE Rental Market has increased by 60.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,204pcm |
| June 2025 | 6.1% | £1,147pcm |
| June 2024 | 3.2% | £1,081pcm |
| June 2023 | 4.3% | £1,048pcm |
| June 2022 | 12.8% | £1,004pcm |
| June 2021 | 8.4% | £890pcm |
| June 2020 | 1.8% | £821pcm |
| June 2019 | 1.6% | £807pcm |
| June 2018 | 2.2% | £794pcm |
| June 2017 | 3.3% | £777pcm |
| June 2016 | 2% | £752pcm |
| June 2015 | 1.2% | £737pcm |
| June 2014 | 3.8% | £728pcm |
| June 2013 | -0.3% | £701pcm |
| June 2012 | -0.7% | £703pcm |
| June 2011 | 2.1% | £708pcm |
| June 2010 | 7.2% | £693pcm |
| June 2009 | -8.8% | £646pcm |
| June 2008 | 2.3% | £709pcm |
| June 2007 | 0% | £693pcm |
Sales History
The last sale was on 4th January 2023 for £35,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 8 sales since 1995.
PL15 7LE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2023£35,000 | 3 Bed HouseTreetops, Launceston, PL15 7LETreetops, Launceston, PL15 7LE
- Sold Sep 2021£150,000 | 3 Bed House1 Guest Cottages, Launceston, PL15 7LE1 Guest Cottages, Launceston, PL15 7LE
- Sold Aug 2013£245,000 | 4 Bed HouseGramor, Launceston, PL15 7LEGramor, Launceston, PL15 7LE
- Sold May 2007£714,500 | 5 Bed HouseDenley Barn, Launceston, PL15 7LEDenley Barn, Launceston, PL15 7LE
- Sold Nov 2006£118,000 | 3 Bed HouseTreetops, Launceston, PL15 7LETreetops, Launceston, PL15 7LE
Nearby Postcodes
PL15 7LE is the 394th largest and the 533rd most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 7LB, South Petherwin, Launceston, PL15PL15 7LB2 Addresses|132 m away
- PL15 7TH, Trelinnoe Gardens, South Petherwin, Launceston, PL15PL15 7TH54 Addresses|148 m away
- PL15 7LA, Paternus Close, South Petherwin, Launceston, PL15PL15 7LA5 Addresses|223 m away
- PL15 7JZ, South Petherwin, Launceston, PL15PL15 7JZ30 Addresses|225 m away
- PL15 7JY, Trelindon, South Petherwin, Launceston, PL15PL15 7JY7 Addresses|271 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 2 houses of an unknown age
- 3 other addresses of unknown type
- period house (2)
- modern house (1)
- house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (2)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jun 2017£806,000 | 5 Bed HouseTreguddick Manor, Launceston, PL15 7JNTreguddick Manor, Launceston, PL15 7JN
- Sold Apr 2023£725,000 | 4 Bed HouseMowhay Barn, Launceston, PL15 7JLMowhay Barn, Launceston, PL15 7JL
- Sold May 2007£714,500 | 5 Bed HouseDenley Barn, Launceston, PL15 7LEDenley Barn, Launceston, PL15 7LE
Schools Nearby
- South Petherwin Community Primary School0 m away
- Tregadillett Primary School2.2 km away
- St Catherine's CofE Primary School2.6 km away
- Launceston College3.4 km away
- Callington Community College13.0 km away
- Liskeard School and Community College17.6 km away
More reading links
Public Transport Nearby
The closest station to PL15 7LE is Gunnislake station, which is 16.3 kilometres away.
- Gunnislake|16.3 km away
- Calstock|18.2 km away
- Liskeard|18.9 km away
- Coombe Junction Halt|19.4 km away