Tower Street - PL15 8BQ
Key Postcode Insights
PL15 8BQ is a residential postcode situated on Tower Street, Launceston, PL15 with 21 addresses.
It ranks as the 713th largest and 59th most expensive of the 882 postcodes in the PL15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 3 houses and 18 flats.
- Ave. Sale Price
- £130,823
- 10 Year change
- up 33.6%
- Ave. Rental Price
- £601pcm
- 10 Year change
- up 51.6%
- Ave. £ per ft²
- £139/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
PL15 8BQ is a residential postcode situated on Tower Street, Launceston, PL15 with 21 addresses.
It ranks as the 713th largest and 59th most expensive of the 882 postcodes in the PL15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 3 houses and 18 flats.
- Ave. Sale Price
- £130,823
- 10 Year change
- up 33.6%
- Ave. Rental Price
- £601pcm
- 10 Year change
- up 51.6%
- Ave. £ per ft²
- £139/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin PL15 8BQ
- Flat
Unknown
- 4 Tower Street
Unknown
- 5A Tower Street
3 Bed Period Flat
- 6 Tower Street
3 Bed Period House
- 8 Tower Street
Unknown
Sales Market Trends
The last sale in PL15 8BQ sold for £117,250 on 17th February 2026. Since then prices are up an average of 4.7%.
The current average value in the postcode is £130,823.
The PL15 8BQ Sales Market has increased by 33.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £130,823 |
| June 2025 | -1.3% | £127,615 |
| June 2024 | -0.9% | £129,277 |
| June 2023 | 1.3% | £130,431 |
| June 2022 | 10.9% | £128,809 |
| June 2021 | 8.3% | £116,118 |
| June 2020 | -0.6% | £107,178 |
| June 2019 | 1.8% | £107,834 |
| June 2018 | 6.5% | £105,970 |
| June 2017 | 1.6% | £99,511 |
| June 2016 | 1.3% | £97,918 |
| June 2015 | 2.5% | £96,637 |
| June 2014 | 2.8% | £94,265 |
| June 2013 | 2.5% | £91,675 |
| June 2012 | -2.7% | £89,452 |
| June 2011 | -2.3% | £91,897 |
| June 2010 | 4.3% | £94,020 |
| June 2009 | -13.4% | £90,146 |
| June 2008 | -2.8% | £104,051 |
| June 2007 | 0% | £107,072 |
Rental Market Trends
The current average rental value in the postcode is £601.
The PL15 8BQ Rental Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £601pcm |
| June 2025 | 6.2% | £569pcm |
| June 2024 | 3.6% | £536pcm |
| June 2023 | 3.7% | £517pcm |
| June 2022 | 11.7% | £498pcm |
| June 2021 | 6.7% | £446pcm |
| June 2020 | 2% | £418pcm |
| June 2019 | 0.6% | £410pcm |
| June 2018 | 0.9% | £407pcm |
| June 2017 | 1.9% | £404pcm |
| June 2016 | 1.3% | £396pcm |
| June 2015 | 0.5% | £391pcm |
| June 2014 | 2.9% | £389pcm |
| June 2013 | 0.1% | £378pcm |
| June 2012 | -1.3% | £378pcm |
| June 2011 | 1.3% | £383pcm |
| June 2010 | 4% | £378pcm |
| June 2009 | -10.5% | £364pcm |
| June 2008 | 1.9% | £406pcm |
| June 2007 | 0% | £399pcm |
Sales History
The last sale was on 17th February 2026 for £117,250 and since then the market in the area has increased by 4.7%. The postcode has had a total of 23 sales since 1995.
PL15 8BQ has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£117,250 | 3 Bed Flat19, Tower Street, Launceston, PL15 8BQ19, Tower Street, Launceston, PL15 8BQ
- Sold Oct 2025£122,500 | 3 Bed Flat15, Tower Street, Launceston, PL15 8BQ15, Tower Street, Launceston, PL15 8BQ
- Sold Dec 2023£129,950 | 3 Bed Flat33, Tower Street, Launceston, PL15 8BQ33, Tower Street, Launceston, PL15 8BQ
- Sold Nov 2022£100,000 | 3 Bed Flat19, Tower Street, Launceston, PL15 8BQ19, Tower Street, Launceston, PL15 8BQ
- Sold May 2022£187,450 | 3 Bed House6, Tower Street, Launceston, PL15 8BQ6, Tower Street, Launceston, PL15 8BQ
Nearby Postcodes
PL15 8BQ is the 713th largest and the 59th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8WL, Tower Street, Launceston, PL15PL15 8WL2 Addresses|22 m away
- PL15 8BD, Northgate Street, Launceston, PL15PL15 8BD4 Addresses|29 m away
- PL15 8FN, Castle Street, Launceston, PL15PL15 8FN6 Addresses|41 m away
- PL15 8BH, Tower Street, Launceston, PL15PL15 8BH12 Addresses|42 m away
- PL15 8BP, The Walk, Launceston, PL15PL15 8BP11 Addresses|52 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 2 modern flats built after 1980
- 11 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 5 other addresses of unknown type
- period house (1)
- period flat (1)
- modern flat (2)
- mid-century flat (11)
- flat (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (4)
- G (0)
- D (7)
- 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 Academy500 m away
- St Stephens Community Academy1.0 km away
- Launceston Primary School1.3 km away
- Launceston College1.1 km away
- Callington Community College15.1 km away
- Tavistock College18.1 km away
More reading links
Public Transport Nearby
The closest station to PL15 8BQ is Gunnislake station, which is 16.9 kilometres away.
- Gunnislake|16.9 km away
- Calstock|19.0 km away
- Bere Alston|20.5 km away
- Liskeard|22.6 km away
