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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PL15 7QAHouse Prices / South West, Cornwall, Merchants Quay
Last updated May 2026
Key Postcode Insights
PL15 7QA is a residential postcode situated on Merchants Quay, Pennygillam Industrial Estate, Launceston, PL15 with 7 addresses.
It ranks as the 348th largest and 809th most expensive of the 881 postcodes in the PL15 area.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
Key Postcode Insights
PL15 7QA is a residential postcode situated on Merchants Quay, Pennygillam Industrial Estate, Launceston, PL15 with 7 addresses.
It ranks as the 348th largest and 809th most expensive of the 881 postcodes in the PL15 area.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
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House Pricesin PL15 7QA
Sale prices range from £575,681 for 5 bedroom freehold houses with a garden (2,400 ft2) to £575,681 for 5 bedroom freehold houses with a garden (2,400 ft2) .
Monthly rental prices range from £1,804 pcm for 5 bed houses to £1,804 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 3.8%.
The average value per square foot is £240.
Average Sale Value
£575,681
Average Rental Value
£1,804 pcm
Average Rental Yield
3.8% /year
Average Value Per Sqft
£240 /ft2
Sales Market Trendsin PL15 7QA
The last sale in PL15 7QA sold for £22,200 on 1st October 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £575,681.
The PL15 7QA Sales Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £575,681 |
| April 2025 | -1.4% | £559,954 |
| April 2024 | -1.4% | £567,628 |
| April 2023 | 4.7% | £575,907 |
| April 2022 | 8.4% | £549,974 |
| April 2021 | 13.3% | £507,316 |
| April 2020 | -0.3% | £447,644 |
| April 2019 | 3.4% | £448,801 |
| April 2018 | 6.6% | £434,180 |
| April 2017 | 4.9% | £407,443 |
| April 2016 | 2.8% | £388,594 |
| April 2015 | 1.6% | £377,990 |
| April 2014 | 4.9% | £372,067 |
| April 2013 | 0.6% | £354,669 |
| April 2012 | -0.4% | £352,568 |
| April 2011 | 0.1% | £353,836 |
| April 2010 | 4.4% | £353,639 |
| April 2009 | -11.6% | £338,717 |
| April 2008 | 0.6% | £383,158 |
| April 2007 | 0% | £380,832 |
Rental Market Trendsin PL15 7QA
The current average rental value in the postcode is £1,804.
The PL15 7QA Rental Market has increased by 57.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,804pcm |
| April 2025 | 4.9% | £1,755pcm |
| April 2024 | 4.3% | £1,673pcm |
| April 2023 | 4.4% | £1,603pcm |
| April 2022 | 13.9% | £1,536pcm |
| April 2021 | 7% | £1,348pcm |
| April 2020 | 2% | £1,260pcm |
| April 2019 | 1.5% | £1,235pcm |
| April 2018 | 2.8% | £1,217pcm |
| April 2017 | 3% | £1,184pcm |
| April 2016 | 2.1% | £1,149pcm |
| April 2015 | 1% | £1,125pcm |
| April 2014 | 2.9% | £1,114pcm |
| April 2013 | 1.4% | £1,082pcm |
| April 2012 | 1% | £1,067pcm |
| April 2011 | 2.2% | £1,057pcm |
| April 2010 | 4% | £1,034pcm |
| April 2009 | -8.4% | £995pcm |
| April 2008 | 8.6% | £1,086pcm |
| April 2007 | 0% | £1,000pcm |
Explore Propertiesin PL15 7QA, Merchants Quay, Pennygillam Industrial Estate, Launceston, PL15
Sales Historyin PL15 7QA
The last sale was on 1st October 2024 for £22,200 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
PL15 7QA has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodesto PL15 7QA
PL15 7QA is the 348th largest and the 809th most expensive postcode out of the 881 postcodes in the PL15 area.
- 134 mPL15 7ED, Pennygillam Way, Pennygillam Industrial Estate, Launceston, PL15PL15 7ED7 Addresses
- 141 mPL15 7EF, Hawks Tor, Launceston, PL15PL15 7EF4 Addresses
- 185 mPL15 7GF, Tresmarrow Meadow, Launceston, PL15PL15 7GF4 Addresses
- 334 mPL15 7DT, George Fox Close, Launceston, PL15PL15 7DT8 Addresses
- 342 mPL15 7PF, Quarry Crescent, Pennygillam Industrial Estate, Launceston, PL15PL15 7PF17 Addresses
- 361 mPL15 7EP, Launceston, PL15PL15 7EP10 Addresses
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Property Typesin PL15 7QA
- 7 other addresses of unknown type
- Unknown (7)
Energy Efficiencyof properties in PL15 7QA
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (7)
Top 3 Most Expensive Saleson Merchants Quay
Schools Nearbyto PL15 7QA
The nearest primary school to PL15 7QA is St Catherine's CofE Primary School which is 359 metres away.
- 359mSt Catherine's CofE Primary School
- 1.4kmWindmill Hill Academy
- 1.8kmLaunceston Primary School
The nearest secondary school is Launceston College which is 1.5 kilometres away.
- 1.5kmLaunceston College
- 14.3kmCallington Community College
- 18.5kmTavistock College
More reading links
Public Transport Nearbyto PL15 7QA
The closest station to PL15 7QA is Gunnislake station which is 16.8 kilometres away.
- 16.8kmGunnislake
- 18.8kmCalstock
- 20.3kmBere Alston
- 21.2kmLiskeard
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