PL15 8LJ is a residential postcode situated on North Petherwin, Launceston, PL15 with 5 addresses.
It ranks as the 261st largest and 446th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 5 houses.
PL15 8LJ is a residential postcode situated on North Petherwin, Launceston, PL15 with 5 addresses.
It ranks as the 261st largest and 446th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £293,717 for 3 bedroom freehold houses with a garden (925 ft2) to £440,568 for 4 bedroom freehold houses with a garden (1,905 ft2) .
Monthly rental prices range from £1,127 pcm for 3 bed houses to £1,486 pcm for 4 bed houses.
The gross rental yield is between 4.0% and 4.6%.
The average value per square foot is £279.
The current average value in the postcode is £337,376.
The PL15 8LJ Sales Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £337,376 |
| April 2025 | -1.9% | £330,638 |
| April 2024 | -2.5% | £336,886 |
| April 2023 | 3.6% | £345,536 |
| April 2022 | 11.5% | £333,460 |
| April 2021 | 11.4% | £299,116 |
| April 2020 | 1% | £268,449 |
| April 2019 | 3.2% | £265,800 |
| April 2018 | 6.2% | £257,654 |
| April 2017 | 3.9% | £242,578 |
| April 2016 | 4.1% | £233,404 |
| April 2015 | 1.9% | £224,237 |
| April 2014 | 3.6% | £220,061 |
| April 2013 | 0.2% | £212,416 |
| April 2012 | -0.7% | £211,998 |
| April 2011 | 0% | £213,564 |
| April 2010 | 4.5% | £213,670 |
| April 2009 | -10.3% | £204,402 |
| April 2008 | -0.1% | £227,820 |
| April 2007 | 0% | £228,026 |
The current average rental value in the postcode is £1,230.
The PL15 8LJ Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,230pcm |
| April 2025 | 5% | £1,191pcm |
| April 2024 | 4.3% | £1,135pcm |
| April 2023 | 4.6% | £1,088pcm |
| April 2022 | 14% | £1,040pcm |
| April 2021 | 6.3% | £913pcm |
| April 2020 | 2.1% | £859pcm |
| April 2019 | 1% | £841pcm |
| April 2018 | 2.6% | £832pcm |
| April 2017 | 2.9% | £811pcm |
| April 2016 | 2.3% | £788pcm |
| April 2015 | 1.3% | £771pcm |
| April 2014 | 2.8% | £761pcm |
| April 2013 | 1.6% | £740pcm |
| April 2012 | 0.4% | £728pcm |
| April 2011 | 2.1% | £725pcm |
| April 2010 | 3.9% | £711pcm |
| April 2009 | -8.5% | £684pcm |
| April 2008 | 6.4% | £748pcm |
| April 2007 | 0% | £703pcm |
PL15 8LJ is the 261st largest and the 446th most expensive postcode out of the 881 postcodes in the PL15 area.
Be the first Estate
Agent here!
The closest station to PL15 8LJ is Gunnislake station which is 22.4 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around PL15 8LJ, 53.6% of property is privately owned outright and 24.3% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PL15 8LJ, 15.5% of residents are recorded as possessing school level qualifications and 30.2% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PL15 8LJ, the average age was 45.7 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PL15 8LJ, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PL15 8LJ, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.