St. Thomas Road - PL15 8BU
Key Postcode Insights
PL15 8BU is a residential postcode situated on St. Thomas Road, Launceston, PL15 with 47 addresses.
It ranks as the 860th largest and 71st 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 47 properties: 14 houses and 33 flats.
- Ave. Sale Price
- £145,571
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £589pcm
- 10 Year change
- up 51.5%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
PL15 8BU is a residential postcode situated on St. Thomas Road, Launceston, PL15 with 47 addresses.
It ranks as the 860th largest and 71st 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 47 properties: 14 houses and 33 flats.
- Ave. Sale Price
- £145,571
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £589pcm
- 10 Year change
- up 51.5%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin PL15 8BU
- National School
Building  |  3 Flats
- Priory House
Period Building | 6 Units
- 1 St. Thomas Road
Building  |  3 Flats
- 3 St. Thomas Road
Unknown
- 5 St. Thomas Road
Building  |  2 Flats
Sales Market Trends
The last sale in PL15 8BU sold for £170,000 on 2nd October 2025. Since then prices are up an average of 2.8%.
The current average value in the postcode is £145,571.
The PL15 8BU Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £145,571 |
| June 2025 | -1.5% | £141,989 |
| June 2024 | -0.9% | £144,137 |
| June 2023 | 1.3% | £145,401 |
| June 2022 | 10.7% | £143,560 |
| June 2021 | 8.4% | £129,723 |
| June 2020 | -0.6% | £119,678 |
| June 2019 | 1.9% | £120,347 |
| June 2018 | 6.6% | £118,148 |
| June 2017 | 1.7% | £110,849 |
| June 2016 | 1.3% | £109,048 |
| June 2015 | 2.6% | £107,645 |
| June 2014 | 2.8% | £104,892 |
| June 2013 | 2.2% | £102,007 |
| June 2012 | -2.5% | £99,821 |
| June 2011 | -2.1% | £102,375 |
| June 2010 | 4.4% | £104,554 |
| June 2009 | -13.2% | £100,129 |
| June 2008 | -2.6% | £115,347 |
| June 2007 | 0% | £118,479 |
Rental Market Trends
The current average rental value in the postcode is £589.
The PL15 8BU Rental Market has increased by 51.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £589pcm |
| June 2025 | 6% | £558pcm |
| June 2024 | 3.6% | £526pcm |
| June 2023 | 3.7% | £508pcm |
| June 2022 | 11.4% | £490pcm |
| June 2021 | 6.8% | £439pcm |
| June 2020 | 2.1% | £412pcm |
| June 2019 | 0.7% | £403pcm |
| June 2018 | 1% | £400pcm |
| June 2017 | 1.9% | £396pcm |
| June 2016 | 1.3% | £389pcm |
| June 2015 | 0.6% | £384pcm |
| June 2014 | 2.9% | £382pcm |
| June 2013 | -0.2% | £371pcm |
| June 2012 | -1.1% | £372pcm |
| June 2011 | 1.5% | £376pcm |
| June 2010 | 4.2% | £371pcm |
| June 2009 | -10.3% | £356pcm |
| June 2008 | 2.1% | £397pcm |
| June 2007 | 0% | £389pcm |
Sales History
The last sale was on 2nd October 2025 for £170,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 22 sales since 1995.
PL15 8BU has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£170,000 | 3 Bed House11A, St. Thomas Road, Launceston, PL15 8BU11A, St. Thomas Road, Launceston, PL15 8BU
- Sold Nov 2021£265,000 | 3 Bed HouseUnit 9, National School, St. Thomas Road, Launceston, PL15 8BUUnit 9, National School, St. Thomas Road, Launceston, PL15 8BU
- Sold May 2020£127,500 | 3 Bed House25, St. Thomas Road, Launceston, PL15 8BU25, St. Thomas Road, Launceston, PL15 8BU
- Sold Jun 2019£158,000 | 4 Bed House27, St. Thomas Road, Launceston, PL15 8BU27, St. Thomas Road, Launceston, PL15 8BU
- Sold Mar 2019£157,000 | 4 Bed House19, St. Thomas Road, Launceston, PL15 8BU19, St. Thomas Road, Launceston, PL15 8BU
Nearby Postcodes
PL15 8BU is the 860th largest and the 71st most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8BX, St. Thomas Road, Launceston, PL15PL15 8BX31 Addresses|33 m away
- PL15 8JD, Priory Park Road, Launceston, PL15PL15 8JD32 Addresses|42 m away
- PL15 8BL, St. Thomas Hill, Launceston, PL15PL15 8BL30 Addresses|61 m away
- PL15 8JB, Wooda Lane, Launceston, PL15PL15 8JB4 Addresses|80 m away
- PL15 8BJ, Wooda Road, Launceston, PL15PL15 8BJ17 Addresses|84 m away
Property Types
- 4 period houses built between 1800 and 1911
- 14 period flats built between 1800 and 1911
- 10 modern flats built after 1980
- 11 mid-century houses built between 1936 and 1979
- 5 early-century flats built between 1912 and 1935
- 3 other addresses of unknown type
- period house (4)
- period flat (14)
- modern flat (10)
- mid-century house (11)
- early-century flat (5)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is E.
- A (0)
- E (11)
- B (2)
- F (2)
- C (10)
- G (0)
- D (9)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Nov 2021£265,000 | 3 Bed HouseUnit 9, National School, St. Thomas Road, Launceston, PL15 8BUUnit 9, National School, St. Thomas Road, Launceston, PL15 8BU
- Sold Apr 2013£261,000 | 4 Bed HouseBridgend, St. Thomas Road, Launceston, PL15 8BXBridgend, St. Thomas Road, Launceston, PL15 8BX
- Sold Dec 2022£250,000 | 5 Bed House42, St. Thomas Road, Launceston, PL15 8BX42, St. Thomas Road, Launceston, PL15 8BX
Schools Nearby
- Windmill Hill Academy700 m away
- St Stephens Community Academy800 m away
- St Catherine's CofE Primary School1.2 km away
- Launceston College1.2 km away
- Callington Community College15.2 km away
- Tavistock College18.4 km away
More reading links
Public Transport Nearby
The closest station to PL15 8BU is Gunnislake station, which is 17.1 kilometres away.
- Gunnislake|17.1 km away
- Calstock|19.2 km away
- Bere Alston|20.7 km away
- Liskeard|22.6 km away
