PL15 8DB is a residential postcode situated on St. Thomas Road, Launceston, PL15 with 15 addresses.
It ranks as the 600th largest and 262nd 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 15 properties: 1 house and 14 flats.
PL15 8DB is a residential postcode situated on St. Thomas Road, Launceston, PL15 with 15 addresses.
It ranks as the 600th largest and 262nd 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 15 properties: 1 house and 14 flats.
Sale prices range from £129,507 for 2 bedroom Leasehold flats (484 ft2) to £316,755 for 3 bedroom Leasehold flats (796 ft2) .
Monthly rental prices range from £566 pcm for 2 bed flats to £1,196 pcm for 3 bed flats.
The gross rental yield is between 4.5% and 5.2%.
The average value per square foot is £411.
The last sale in PL15 8DB sold for £180,000 on 20th February 2019. Since then prices are up an average of 20.5%.
The current average value in the postcode is £237,502.
The PL15 8DB Sales Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £237,502 |
| April 2025 | -1% | £227,231 |
| April 2024 | -1% | £229,628 |
| April 2023 | 3.1% | £231,911 |
| April 2022 | 6.4% | £224,961 |
| April 2021 | 10.9% | £211,483 |
| April 2020 | 0.2% | £190,697 |
| April 2019 | 1.8% | £190,339 |
| April 2018 | 4.3% | £186,889 |
| April 2017 | 2.9% | £179,266 |
| April 2016 | 2% | £174,130 |
| April 2015 | 0.8% | £170,651 |
| April 2014 | 3.3% | £169,371 |
| April 2013 | -0.7% | £164,032 |
| April 2012 | -1.5% | £165,203 |
| April 2011 | -0.5% | £167,652 |
| April 2010 | 0.8% | £168,516 |
| April 2009 | -13.2% | £167,214 |
| April 2008 | -0.2% | £192,580 |
| April 2007 | 0% | £193,035 |
The current average rental value in the postcode is £948.
The PL15 8DB Rental Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £948pcm |
| April 2025 | 5.3% | £907pcm |
| April 2024 | 4.8% | £862pcm |
| April 2023 | 2.8% | £822pcm |
| April 2022 | 11.8% | £800pcm |
| April 2021 | 4.7% | £716pcm |
| April 2020 | 2.5% | £683pcm |
| April 2019 | 0% | £667pcm |
| April 2018 | 0.6% | £667pcm |
| April 2017 | 1.2% | £663pcm |
| April 2016 | 1.4% | £655pcm |
| April 2015 | 0.2% | £647pcm |
| April 2014 | 1.3% | £645pcm |
| April 2013 | 0.1% | £637pcm |
| April 2012 | -0.2% | £637pcm |
| April 2011 | 1.6% | £638pcm |
| April 2010 | 0.3% | £628pcm |
| April 2009 | -10% | £625pcm |
| April 2008 | 7.7% | £695pcm |
| April 2007 | 0% | £645pcm |
The last sale was on 20th February 2019 for £180,000 and since then the market in the area has increased by 20.5%. The postcode has had a total of 4 sales since 1995.
PL15 8DB has seen no sales in the last three years and no sales in the last twelve months.
PL15 8DB is the 600th largest and the 262nd most expensive postcode out of the 881 postcodes in the PL15 area.
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The closest station to PL15 8DB is Gunnislake station which is 17.2 kilometres away.
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