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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 7RPHouse Prices / South West, Cornwall, Five Lanes, Launceston
Last updated May 2026
Key Postcode Insights
PL15 7RP is a residential postcode situated on Five Lanes, Launceston, PL15 with 3 addresses.
It ranks as the 120th largest and 779th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
PL15 7RP is a residential postcode situated on Five Lanes, Launceston, PL15 with 3 addresses.
It ranks as the 120th largest and 779th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin PL15 7RP
Sale prices range from £289,784 for 3 bedroom freehold houses with a garden (850 ft2) to £808,443 for 4 bedroom freehold houses with a garden (1,485 ft2) .
Monthly rental prices range from £1,129 pcm for 3 bed houses to £2,375 pcm for 4 bed houses.
The gross rental yield is between 3.5% and 4.7%.
The average value per square foot is £544.
Average Sale Value
£548,740
Average Rental Value
£1,759 pcm
Average Rental Yield
3.8% /year
Average Value Per Sqft
£544 /ft2
Sales Market Trendsin PL15 7RP
The current average value in the postcode is £548,740.
The PL15 7RP Sales Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £548,740 |
| April 2025 | -1% | £536,162 |
| April 2024 | -1.9% | £541,445 |
| April 2023 | 2.7% | £552,104 |
| April 2022 | 11.5% | £537,738 |
| April 2021 | 11.6% | £482,089 |
| April 2020 | 1.2% | £431,940 |
| April 2019 | 2.7% | £426,662 |
| April 2018 | 4.9% | £415,357 |
| April 2017 | 4% | £395,992 |
| April 2016 | 4.5% | £380,659 |
| April 2015 | 2.1% | £364,166 |
| April 2014 | 2.7% | £356,640 |
| April 2013 | 0.8% | £347,393 |
| April 2012 | -0.8% | £344,683 |
| April 2011 | -0.1% | £347,445 |
| April 2010 | 4.3% | £347,675 |
| April 2009 | -10.1% | £333,222 |
| April 2008 | -0.8% | £370,752 |
| April 2007 | 0% | £373,726 |
Rental Market Trendsin PL15 7RP
The current average rental value in the postcode is £1,759.
The PL15 7RP Rental Market has increased by 55.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,759pcm |
| April 2025 | 4.9% | £1,701pcm |
| April 2024 | 4.3% | £1,622pcm |
| April 2023 | 4.9% | £1,555pcm |
| April 2022 | 13.8% | £1,481pcm |
| April 2021 | 6.1% | £1,302pcm |
| April 2020 | 2% | £1,226pcm |
| April 2019 | 1.1% | £1,202pcm |
| April 2018 | 2.4% | £1,189pcm |
| April 2017 | 2.8% | £1,161pcm |
| April 2016 | 2.3% | £1,130pcm |
| April 2015 | 1.3% | £1,104pcm |
| April 2014 | 2.9% | £1,090pcm |
| April 2013 | 1.7% | £1,059pcm |
| April 2012 | 0.2% | £1,042pcm |
| April 2011 | 2.1% | £1,039pcm |
| April 2010 | 3.7% | £1,018pcm |
| April 2009 | -8.4% | £982pcm |
| April 2008 | 6.1% | £1,072pcm |
| April 2007 | 0% | £1,010pcm |
Explore Propertiesin PL15 7RP, Five Lanes, Launceston, PL15
Nearby Postcodesto PL15 7RP
PL15 7RP is the 120th largest and the 779th most expensive postcode out of the 881 postcodes in the PL15 area.
- 525 mPL15 7RQ, Fair Field Park, Five Lanes, Launceston, PL15PL15 7RQ24 Addresses
- 583 mPL15 7RZ, Altarnun, Launceston, PL15PL15 7RZ7 Addresses
- 610 mPL15 7RG, Hendra Tor View, Five Lanes, Launceston, PL15PL15 7RG11 Addresses
- 617 mPL15 7QZ, Thorn Close, Five Lanes, Launceston, PL15PL15 7QZ8 Addresses
- 650 mPL15 7RX, Five Lanes, Launceston, PL15PL15 7RX38 Addresses
- 654 mPL15 7RW, Altarnun, Launceston, PL15PL15 7RW17 Addresses
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Property Typesin PL15 7RP
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- early-century house (1)
- Unknown (2)
Energy Efficiencyof properties in PL15 7RP
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Schools Nearbyto PL15 7RP
The nearest primary school to PL15 7RP is Altarnun Primary School which is 580 metres away.
- 580mAltarnun Primary School
- 4.4kmLewannick Community Primary School
- 7.3kmTregadillett Primary School
The nearest secondary school is Launceston College which is 10.8 kilometres away.
- 10.8kmLaunceston College
- 13.2kmSir James Smith's School
- 15.7kmLiskeard School and Community College
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Public Transport Nearbyto PL15 7RP
The closest station to PL15 7RP is Liskeard station which is 16.9 kilometres away.
- 16.9kmLiskeard
- 17.0kmCoombe Junction Halt
- 19.6kmSt Keyne Wishing Well Halt
- 20.1kmMenheniot
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