Tower Street - PL15 8BG
Key Postcode Insights
PL15 8BG is a residential postcode situated on Tower Street, Launceston, PL15 with 27 addresses.
It ranks as the 782nd largest and 12th most expensive of the 882 postcodes in the PL15 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 27 properties: 27 flats.
- Ave. Sale Price
- £90,382
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £475pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £148/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
PL15 8BG is a residential postcode situated on Tower Street, Launceston, PL15 with 27 addresses.
It ranks as the 782nd largest and 12th most expensive of the 882 postcodes in the PL15 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 27 properties: 27 flats.
- Ave. Sale Price
- £90,382
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £475pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £148/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin PL15 8BG
- Penthouse Flat
Unknown
- The Old Chapel
Period Building | 6 Units
- 16 Tower Street
Unknown
- 18 Tower Street
Unknown
- 20 Tower Street
2 Bed Mid-century Flat
Sales Market Trends
The last sale in PL15 8BG sold for £100,000 on 30th January 2026. Since then prices are up an average of 5.2%.
The current average value in the postcode is £90,382.
The PL15 8BG Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £90,382 |
| June 2025 | -1.6% | £88,382 |
| June 2024 | -0.6% | £89,849 |
| June 2023 | 0.9% | £90,409 |
| June 2022 | 9.5% | £89,597 |
| June 2021 | 7.9% | £81,852 |
| June 2020 | -0.3% | £75,867 |
| June 2019 | 1.6% | £76,100 |
| June 2018 | 6.1% | £74,915 |
| June 2017 | 0.7% | £70,623 |
| June 2016 | 0.6% | £70,125 |
| June 2015 | 2.4% | £69,713 |
| June 2014 | 1.9% | £68,066 |
| June 2013 | 1.6% | £66,796 |
| June 2012 | -2.6% | £65,716 |
| June 2011 | -2.1% | £67,474 |
| June 2010 | 2.8% | £68,912 |
| June 2009 | -13.7% | £67,054 |
| June 2008 | -2% | £77,707 |
| June 2007 | 0% | £79,301 |
Rental Market Trends
The current average rental value in the postcode is £475.
The PL15 8BG Rental Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £475pcm |
| June 2025 | 5.8% | £451pcm |
| June 2024 | 3.9% | £426pcm |
| June 2023 | 3.4% | £410pcm |
| June 2022 | 10.2% | £397pcm |
| June 2021 | 6.3% | £360pcm |
| June 2020 | 2.4% | £339pcm |
| June 2019 | 0.5% | £331pcm |
| June 2018 | 0.5% | £329pcm |
| June 2017 | 1% | £328pcm |
| June 2016 | 0.6% | £325pcm |
| June 2015 | 0.4% | £323pcm |
| June 2014 | 2% | £322pcm |
| June 2013 | -0.8% | £315pcm |
| June 2012 | -1.3% | £318pcm |
| June 2011 | 1.5% | £322pcm |
| June 2010 | 2.5% | £317pcm |
| June 2009 | -10.9% | £309pcm |
| June 2008 | 2.8% | £347pcm |
| June 2007 | 0% | £338pcm |
Sales History
The last sale was on 30th January 2026 for £100,000 and since then the market in the area has increased by 5.2%. The postcode has had a total of 10 sales since 1995.
PL15 8BG has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Jan 2026£100,000 | 3 Bed FlatFlat 2, 52, Tower Street, Launceston, PL15 8BGFlat 2, 52, Tower Street, Launceston, PL15 8BG
- Sold Apr 2024£52,000 | 2 Bed FlatFlat 1, The Old Chapel 42A, Tower Street, Launceston, PL15 8BGFlat 1, The Old Chapel 42A, Tower Street, Launceston, PL15 8BG
- Sold Aug 2022£66,000 | 2 Bed FlatFlat 2, The Old Chapel 42A, Tower Street, Launceston, PL15 8BGFlat 2, The Old Chapel 42A, Tower Street, Launceston, PL15 8BG
- Sold Jun 2022£70,000 | 2 Bed FlatFlat 4, The Old Chapel 42A, Tower Street, Launceston, PL15 8BGFlat 4, The Old Chapel 42A, Tower Street, Launceston, PL15 8BG
- Sold Mar 2020£85,000 | 2 Bed FlatFlat 5, The Old Chapel 42A, Tower Street, Launceston, PL15 8BGFlat 5, The Old Chapel 42A, Tower Street, Launceston, PL15 8BG
Nearby Postcodes
PL15 8BG is the 782nd largest and the 12th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8AX, Tower Street, Launceston, PL15PL15 8AX4 Addresses|14 m away
- PL15 8BN, Dockacre Road, Launceston, PL15PL15 8BN5 Addresses|21 m away
- PL15 8BE, Northgate Place, Launceston, PL15PL15 8BE18 Addresses|28 m away
- PL15 8FN, Castle Street, Launceston, PL15PL15 8FN6 Addresses|46 m away
- PL15 8WL, Tower Street, Launceston, PL15PL15 8WL2 Addresses|58 m away
Property Types
- 12 period flats built between 1800 and 1911
- 10 mid-century flats built between 1936 and 1979
- 5 other addresses of unknown type
- period flat (12)
- mid-century flat (10)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (11)
- G (0)
- D (8)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold May 2022£187,450 | 3 Bed House6, Tower Street, Launceston, PL15 8BQ6, Tower Street, Launceston, PL15 8BQ
- Sold Dec 2023£129,950 | 3 Bed Flat33, Tower Street, Launceston, PL15 8BQ33, Tower Street, Launceston, PL15 8BQ
- Sold Aug 2006£125,000 | 2 Bed FlatFlat 1, 52, Tower Street, Launceston, PL15 8BGFlat 1, 52, Tower Street, Launceston, PL15 8BG
Schools Nearby
- Windmill Hill Academy600 m away
- St Stephens Community Academy900 m away
- St Catherine's CofE Primary School1.3 km away
- Launceston College1.1 km away
- Callington Community College15.2 km away
- Tavistock College18.2 km away
More reading links
Public Transport Nearby
The closest station to PL15 8BG is Gunnislake station, which is 17.0 kilometres away.
- Gunnislake|17.0 km away
- Calstock|19.1 km away
- Bere Alston|20.5 km away
- Liskeard|22.7 km away
