PL15 8PS is a residential postcode situated on St. Clether, Launceston, PL15 with 16 addresses.
It ranks as the 630th largest and 514th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 16 properties: 15 houses and 1 flat.
PL15 8PS is a residential postcode situated on St. Clether, Launceston, PL15 with 16 addresses.
It ranks as the 630th largest and 514th most expensive of the 881 postcodes in the PL15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 16 properties: 15 houses and 1 flat.
Sale prices range from £120,675 for 3 bedroom Leasehold flats (785 ft2) to £472,696 for 5 bedroom freehold houses with a garden (3,100 ft2) .
Monthly rental prices range from £603 pcm for 3 bed flats to £1,934 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 6.0%.
The average value per square foot is £202.
The last sale in PL15 8PS sold for £2,320,000 on 8th December 2025. Since then prices are down an average of 2.5%.
The current average value in the postcode is £337,744.
The PL15 8PS Sales Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £337,744 |
| April 2025 | -2% | £330,057 |
| April 2024 | -2.2% | £336,823 |
| April 2023 | 3.2% | £344,441 |
| April 2022 | 10.6% | £333,800 |
| April 2021 | 11.1% | £301,861 |
| April 2020 | 0.9% | £271,687 |
| April 2019 | 3.1% | £269,285 |
| April 2018 | 5.4% | £261,235 |
| April 2017 | 3.3% | £247,821 |
| April 2016 | 3.8% | £239,792 |
| April 2015 | 1.6% | £231,064 |
| April 2014 | 3.5% | £227,372 |
| April 2013 | -0.2% | £219,578 |
| April 2012 | -0.9% | £220,048 |
| April 2011 | -0.2% | £222,088 |
| April 2010 | 3.8% | £222,633 |
| April 2009 | -10.6% | £214,498 |
| April 2008 | 0.5% | £239,829 |
| April 2007 | 0% | £238,754 |
The current average rental value in the postcode is £1,363.
The PL15 8PS Rental Market has increased by 52.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,363pcm |
| April 2025 | 4.8% | £1,315pcm |
| April 2024 | 4.6% | £1,255pcm |
| April 2023 | 4.2% | £1,200pcm |
| April 2022 | 13% | £1,152pcm |
| April 2021 | 6% | £1,019pcm |
| April 2020 | 2% | £962pcm |
| April 2019 | 1% | £943pcm |
| April 2018 | 1.8% | £934pcm |
| April 2017 | 2.4% | £917pcm |
| April 2016 | 2% | £896pcm |
| April 2015 | 1% | £879pcm |
| April 2014 | 2.7% | £870pcm |
| April 2013 | 1.2% | £846pcm |
| April 2012 | 0.2% | £837pcm |
| April 2011 | 1.9% | £835pcm |
| April 2010 | 3.1% | £819pcm |
| April 2009 | -8.8% | £795pcm |
| April 2008 | 7% | £872pcm |
| April 2007 | 0% | £814pcm |
The last sale was on 8th December 2025 for £2,320,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 11 sales since 1995.
PL15 8PS has seen 2 sales in the last three years and 2 sales in the last twelve months.
PL15 8PS is the 630th largest and the 514th most expensive postcode out of the 881 postcodes in the PL15 area.
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The closest station to PL15 8PS is Bodmin Parkway station which is 22.5 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around PL15 8PS, 47.1% of property is privately owned outright and 31.8% is privately rented.
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 8PS, 16.1% of residents are recorded as possessing school level qualifications and 23.7% 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 8PS, 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 8PS, 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 8PS, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.