PL15 8AZ is a residential postcode situated on Castle Street, Launceston, PL15 with 6 addresses.
It ranks as the 305th largest and 22nd most expensive of the 881 postcodes in the PL15 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 6 properties: 6 flats.
PL15 8AZ is a residential postcode situated on Castle Street, Launceston, PL15 with 6 addresses.
It ranks as the 305th largest and 22nd most expensive of the 881 postcodes in the PL15 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 6 properties: 6 flats.
Sale prices range from £98,267 for 2 bedroom Leasehold flats (365 ft2) to £189,843 for 3 bedroom Leasehold flats (1,313 ft2) .
Monthly rental prices range from £471 pcm for 2 bed flats to £667 pcm for 3 bed flats.
The gross rental yield is between 4.2% and 5.7%.
The average value per square foot is £254.
The last sale in PL15 8AZ sold for £155,000 on 22nd June 2007. Since then prices are up an average of 17.6%.
The current average value in the postcode is £121,779.
The PL15 8AZ Sales Market has increased by 33.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.8% | £121,779 |
| April 2025 | -1.3% | £116,207 |
| April 2024 | -0.7% | £117,702 |
| April 2023 | 2.6% | £118,540 |
| April 2022 | 5.6% | £115,482 |
| April 2021 | 10.6% | £109,392 |
| April 2020 | 0.4% | £98,945 |
| April 2019 | 1.5% | £98,556 |
| April 2018 | 3.7% | £97,063 |
| April 2017 | 2.6% | £93,577 |
| April 2016 | 1.8% | £91,185 |
| April 2015 | 0.7% | £89,538 |
| April 2014 | 3.1% | £88,917 |
| April 2013 | -1% | £86,270 |
| April 2012 | -1.5% | £87,098 |
| April 2011 | -0.6% | £88,467 |
| April 2010 | 0.5% | £89,041 |
| April 2009 | -13.1% | £88,588 |
| April 2008 | -0.3% | £101,998 |
| April 2007 | 0% | £102,329 |
The current average rental value in the postcode is £532.
The PL15 8AZ Rental Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.8% | £532pcm |
| April 2025 | 5% | £508pcm |
| April 2024 | 5.1% | £484pcm |
| April 2023 | 2.3% | £460pcm |
| April 2022 | 10.9% | £450pcm |
| April 2021 | 4.4% | £406pcm |
| April 2020 | 2.7% | £388pcm |
| April 2019 | -0.3% | £378pcm |
| April 2018 | 0.1% | £380pcm |
| April 2017 | 0.8% | £379pcm |
| April 2016 | 1.2% | £376pcm |
| April 2015 | 0.1% | £372pcm |
| April 2014 | 1.1% | £371pcm |
| April 2013 | -0.2% | £367pcm |
| April 2012 | -0.2% | £368pcm |
| April 2011 | 1.5% | £369pcm |
| April 2010 | 0.1% | £363pcm |
| April 2009 | -10% | £363pcm |
| April 2008 | 7.6% | £403pcm |
| April 2007 | 0% | £375pcm |
The last sale was on 22nd June 2007 for £155,000 and since then the market in the area has increased by 17.6%. The postcode has had a total of 1 sales since 1995.
PL15 8AZ has seen no sales in the last three years and no sales in the last twelve months.
PL15 8AZ is the 305th largest and the 22nd most expensive postcode out of the 881 postcodes in the PL15 area.
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The closest station to PL15 8AZ is Gunnislake station which is 16.9 kilometres away.
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