PL15 8NE is a residential postcode situated on Brazacott, Launceston, PL15 with 16 addresses.
It ranks as the 629th largest and 606th most expensive of the 881 postcodes in the PL15 area.
The postcode contains a total of 16 properties: 16 houses.
PL15 8NE is a residential postcode situated on Brazacott, Launceston, PL15 with 16 addresses.
It ranks as the 629th largest and 606th most expensive of the 881 postcodes in the PL15 area.
The postcode contains a total of 16 properties: 16 houses.
Sale prices range from £258,030 for 3 bedroom freehold houses with a garden (926 ft2) to £410,720 for 4 bedroom freehold houses with a garden (1,435 ft2) .
Monthly rental prices range from £1,095 pcm for 3 bed houses to £1,533 pcm for 4 bed houses.
The gross rental yield is between 4.0% and 5.1%.
The average value per square foot is £259.
The last sale in PL15 8NE sold for £280,000 on 17th May 2024. Since then prices are down an average of 1.4%.
The current average value in the postcode is £376,060.
The PL15 8NE Sales Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £376,060 |
| April 2025 | -1.6% | £366,590 |
| April 2024 | -2.1% | £372,387 |
| April 2023 | 4.2% | £380,568 |
| April 2022 | 9.9% | £365,076 |
| April 2021 | 12.2% | £332,272 |
| April 2020 | 0.3% | £296,043 |
| April 2019 | 3.1% | £295,158 |
| April 2018 | 6.4% | £286,176 |
| April 2017 | 4.4% | £268,881 |
| April 2016 | 3.4% | £257,459 |
| April 2015 | 1.7% | £249,070 |
| April 2014 | 4.4% | £244,957 |
| April 2013 | 0.3% | £234,638 |
| April 2012 | -0.8% | £233,876 |
| April 2011 | 0% | £235,775 |
| April 2010 | 4.6% | £235,840 |
| April 2009 | -11.3% | £225,442 |
| April 2008 | 0.1% | £254,242 |
| April 2007 | 0% | £253,956 |
The current average rental value in the postcode is £1,356.
The PL15 8NE Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £1,356pcm |
| April 2025 | 5% | £1,314pcm |
| April 2024 | 4.3% | £1,251pcm |
| April 2023 | 4.4% | £1,200pcm |
| April 2022 | 14% | £1,149pcm |
| April 2021 | 6.5% | £1,008pcm |
| April 2020 | 2% | £946pcm |
| April 2019 | 1.2% | £928pcm |
| April 2018 | 2.7% | £917pcm |
| April 2017 | 3% | £893pcm |
| April 2016 | 2.2% | £867pcm |
| April 2015 | 1.2% | £849pcm |
| April 2014 | 2.9% | £839pcm |
| April 2013 | 1.5% | £815pcm |
| April 2012 | 0.5% | £804pcm |
| April 2011 | 2.1% | £799pcm |
| April 2010 | 3.9% | £783pcm |
| April 2009 | -8.7% | £754pcm |
| April 2008 | 7.4% | £826pcm |
| April 2007 | 0% | £769pcm |
The last sale was on 17th May 2024 for £280,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 13 sales since 1995.
PL15 8NE has seen 1 sale in the last three years and no sales in the last twelve months.
PL15 8NE is the 629th largest and the 606th most expensive postcode out of the 881 postcodes in the PL15 area.
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The closest station to PL15 8NE is Gunnislake station which is 25.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PL15 8NE, 51.8% of property is privately owned outright and 23.5% 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 8NE, 15.2% 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 8NE, 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 8NE, 1.0% 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 8NE, 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.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.