Tresmeer, Launceston - PL15 8QT
Key Postcode Insights
PL15 8QT is a residential postcode situated on Tresmeer, Launceston, PL15 with 24 addresses.
It ranks as the 759th largest and 527th most expensive of the 882 postcodes in the PL15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 23 houses and 1 flat.
- Ave. Sale Price
- £373,278
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £1,131pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £293/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
PL15 8QT is a residential postcode situated on Tresmeer, Launceston, PL15 with 24 addresses.
It ranks as the 759th largest and 527th most expensive of the 882 postcodes in the PL15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 23 houses and 1 flat.
- Ave. Sale Price
- £373,278
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £1,131pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £293/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Propertiesin PL15 8QT
- 1 Glenview Launceston
3 Bed Period House
- 2 Glenview Launceston
3 Bed Mid-century House
- 3 Glenview Launceston
3 Bed Mid-century House
- Anskyber
3 Bed Period House
Sales Market Trends
The last sale in PL15 8QT sold for £65,000 on 28th February 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £373,278.
The PL15 8QT Sales Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £373,278 |
| June 2025 | -1.7% | £368,235 |
| June 2024 | -1.8% | £374,619 |
| June 2023 | 0.4% | £381,622 |
| June 2022 | 12.5% | £380,136 |
| June 2021 | 10.2% | £337,993 |
| June 2020 | 1% | £306,626 |
| June 2019 | 2.7% | £303,532 |
| June 2018 | 6.7% | £295,582 |
| June 2017 | 2.5% | £277,068 |
| June 2016 | 2.9% | £270,369 |
| June 2015 | 2.7% | £262,864 |
| June 2014 | 3.9% | £255,923 |
| June 2013 | -0.2% | £246,233 |
| June 2012 | -1.5% | £246,713 |
| June 2011 | -0.7% | £250,440 |
| June 2010 | 6.6% | £252,136 |
| June 2009 | -10.4% | £236,444 |
| June 2008 | -1.3% | £263,961 |
| June 2007 | 0% | £267,454 |
Rental Market Trends
The current average rental value in the postcode is £1,131.
The PL15 8QT Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,131pcm |
| June 2025 | 5.6% | £1,077pcm |
| June 2024 | 3.5% | £1,020pcm |
| June 2023 | 4.4% | £985pcm |
| June 2022 | 12% | £944pcm |
| June 2021 | 8.1% | £843pcm |
| June 2020 | 1.9% | £780pcm |
| June 2019 | 1.5% | £766pcm |
| June 2018 | 1.8% | £754pcm |
| June 2017 | 2.8% | £741pcm |
| June 2016 | 1.7% | £721pcm |
| June 2015 | 1.3% | £709pcm |
| June 2014 | 3.5% | £699pcm |
| June 2013 | -0.4% | £676pcm |
| June 2012 | -0.6% | £679pcm |
| June 2011 | 2.2% | £683pcm |
| June 2010 | 6.5% | £668pcm |
| June 2009 | -8.7% | £627pcm |
| June 2008 | 2.6% | £687pcm |
| June 2007 | 0% | £670pcm |
Sales History
The last sale was on 28th February 2025 for £65,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 18 sales since 1995.
PL15 8QT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£65,000 | 3 Bed HouseFrizparc, Launceston, PL15 8QTFrizparc, Launceston, PL15 8QT
- Sold Jun 2022£461,150 | 4 Bed HouseBarn Cottage, Launceston, PL15 8QTBarn Cottage, Launceston, PL15 8QT
- Sold Jan 2020£342,500 | 4 Bed HouseBarn Cottage, Launceston, PL15 8QTBarn Cottage, Launceston, PL15 8QT
- Sold Mar 2019£331,500 | 3 Bed HouseThe Wagon House, Launceston, PL15 8QTThe Wagon House, Launceston, PL15 8QT
- Sold Oct 2018£203,750 | 2 Bed HouseChurchtown Cottage, Launceston, PL15 8QTChurchtown Cottage, Launceston, PL15 8QT
Nearby Postcodes
PL15 8QT is the 759th largest and the 527th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8QD, Orchard Court, Tresmeer, Launceston, PL15PL15 8QD4 Addresses|65 m away
- PL15 8WE, Hendra Garth, Tresmeer, Launceston, PL15PL15 8WE7 Addresses|131 m away
- PL15 8QU, Tresmeer, Launceston, PL15PL15 8QU13 Addresses|430 m away
- PL15 8RG, Tresmeer, Launceston, PL15PL15 8RG1 Addresses|531 m away
- PL15 8RF, Tregeare, Launceston, PL15PL15 8RF1 Addresses|714 m away
Property Types
- 11 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- period house (11)
- modern house (3)
- mid-century house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (2)
- C (1)
- G (2)
- D (5)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Sep 2021£1,200,000 | 5 Bed HouseThe Old Farmhouse, Trussell, Launceston, PL15 8QYThe Old Farmhouse, Trussell, Launceston, PL15 8QY
- Sold Nov 2009£825,000 | 5 Bed HouseThe Old Farmhouse, Trussell, Launceston, PL15 8QYThe Old Farmhouse, Trussell, Launceston, PL15 8QY
- Sold Jan 2024£725,000 | 5 Bed HouseThe Old School, Launceston, PL15 8QUThe Old School, Launceston, PL15 8QU
Schools Nearby
- Egloskerry Primary School3.8 km away
- Warbstow Primary Academy4.2 km away
- North Petherwin School4.7 km away
- Launceston College10.7 km away
- Sir James Smith's School13.7 km away
- Budehaven Community School18.6 km away
More reading links
Public Transport Nearby
The closest station to PL15 8QT is Liskeard station, which is 23.8 kilometres away.
- Liskeard|23.8 km away
- Coombe Junction Halt|23.9 km away
- Gunnislake|25.5 km away
- Bodmin Parkway|26.4 km away