Newport Square - PL15 8EL
Key Postcode Insights
PL15 8EL is a residential postcode situated on Newport Square, Launceston, PL15 with 10 addresses.
It ranks as the 478th largest and most expensive of the 882 postcodes in the PL15 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 3 houses and 7 flats.
- Ave. Sale Price
- £98,351
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £442pcm
- 10 Year change
- up 51.7%
- Ave. £ per ft²
- £78/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
PL15 8EL is a residential postcode situated on Newport Square, Launceston, PL15 with 10 addresses.
It ranks as the 478th largest and most expensive of the 882 postcodes in the PL15 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 3 houses and 7 flats.
- Ave. Sale Price
- £98,351
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £442pcm
- 10 Year change
- up 51.7%
- Ave. £ per ft²
- £78/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin PL15 8EL
- Stable Bar
Building | 4 Flats
- 6 Newport Square
Unknown
- 7 Newport Square
2 Bed Period Flat
- 9 Newport Square
5 Bed Period House
- 10 Newport Square
Building | 2 Flats
Sales Market Trends
The last sale in PL15 8EL sold for £44,500 on 15th August 2023. Since then prices are up an average of 1.5%.
The current average value in the postcode is £98,351.
The PL15 8EL Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £98,351 |
| June 2025 | -1.6% | £96,247 |
| June 2024 | -0.9% | £97,820 |
| June 2023 | 1.3% | £98,688 |
| June 2022 | 10.6% | £97,418 |
| June 2021 | 8.7% | £88,067 |
| June 2020 | -0.6% | £80,982 |
| June 2019 | 2% | £81,459 |
| June 2018 | 6.8% | £79,869 |
| June 2017 | 1.7% | £74,809 |
| June 2016 | 1.3% | £73,578 |
| June 2015 | 2.7% | £72,661 |
| June 2014 | 2.8% | £70,720 |
| June 2013 | 2% | £68,818 |
| June 2012 | -2.4% | £67,498 |
| June 2011 | -1.9% | £69,191 |
| June 2010 | 4.7% | £70,518 |
| June 2009 | -12.9% | £67,337 |
| June 2008 | -2.4% | £77,346 |
| June 2007 | 0% | £79,218 |
Rental Market Trends
The current average rental value in the postcode is £442.
The PL15 8EL Rental Market has increased by 51.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £442pcm |
| June 2025 | 5.9% | £420pcm |
| June 2024 | 3.6% | £397pcm |
| June 2023 | 3.8% | £383pcm |
| June 2022 | 11.4% | £369pcm |
| June 2021 | 7.1% | £332pcm |
| June 2020 | 2.1% | £310pcm |
| June 2019 | 0.9% | £303pcm |
| June 2018 | 1.1% | £301pcm |
| June 2017 | 2% | £297pcm |
| June 2016 | 1.2% | £292pcm |
| June 2015 | 0.7% | £288pcm |
| June 2014 | 2.8% | £286pcm |
| June 2013 | -0.4% | £278pcm |
| June 2012 | -1.1% | £279pcm |
| June 2011 | 1.7% | £283pcm |
| June 2010 | 4.5% | £278pcm |
| June 2009 | -10.1% | £266pcm |
| June 2008 | 2.4% | £296pcm |
| June 2007 | 0% | £289pcm |
Sales History
The last sale was on 15th August 2023 for £44,500 and since then the market in the area has increased by 1.5%. The postcode has had a total of 8 sales since 1995.
PL15 8EL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£44,500 | 2 Bed Flat7, Newport Square, Launceston, PL15 8EL7, Newport Square, Launceston, PL15 8EL
- Sold Jun 2022£70,000 | 2 Bed House12, Newport Square, Launceston, PL15 8EL12, Newport Square, Launceston, PL15 8EL
- Sold Jun 2010£185,000 | 5 Bed House9, Newport Square, Launceston, PL15 8EL9, Newport Square, Launceston, PL15 8EL
- Sold Dec 2007£228,000 | 5 Bed House9, Newport Square, Launceston, PL15 8EL9, Newport Square, Launceston, PL15 8EL
- Sold Apr 2003£60,000 | 2 Bed Flat10, Newport Square, Launceston, PL15 8EL10, Newport Square, Launceston, PL15 8EL
Nearby Postcodes
PL15 8EL is the 478th largest and the most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8DU, Dutson Road, Launceston, PL15PL15 8DU1 Addresses|32 m away
- PL15 8DJ, Boyton, Launceston, PL15PL15 8DJ4 Addresses|35 m away
- PL15 8EN, Newport Square, Launceston, PL15PL15 8EN5 Addresses|49 m away
- PL15 8DL, Dutson Road, Launceston, PL15PL15 8DL6 Addresses|55 m away
- PL15 8EW, Newport Square, Launceston, PL15PL15 8EW1 Addresses|59 m away
Property Types
- 2 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 4 modern flats built after 1980
- 1 other address of unknown type
- period house (2)
- period flat (3)
- modern flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2020£310,000 | 5 Bed House3, Newport Square, Launceston, PL15 8EN3, Newport Square, Launceston, PL15 8EN
- Sold Dec 2007£228,000 | 5 Bed House9, Newport Square, Launceston, PL15 8EL9, Newport Square, Launceston, PL15 8EL
- Sold Jun 2010£185,000 | 5 Bed House9, Newport Square, Launceston, PL15 8EL9, Newport Square, Launceston, PL15 8EL
Schools Nearby
- St Stephens Community Academy500 m away
- Windmill Hill Academy1.0 km away
- St Catherine's CofE Primary School1.5 km away
- Launceston College1.6 km away
- Callington Community College15.6 km away
- Tavistock College18.7 km away
More reading links
Public Transport Nearby
The closest station to PL15 8EL is Gunnislake station, which is 17.4 kilometres away.
- Gunnislake|17.4 km away
- Calstock|19.5 km away
- Bere Alston|21.0 km away
- Liskeard|22.9 km away
