Tresmeer, Launceston - PL15 8QU
Key Postcode Insights
PL15 8QU is a residential postcode situated on Tresmeer, Launceston, PL15 with 13 addresses.
It ranks as the 562nd largest and 596th 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 13 properties: 12 houses and 1 flat.
- Ave. Sale Price
- £390,262
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £1,176pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £307/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
PL15 8QU is a residential postcode situated on Tresmeer, Launceston, PL15 with 13 addresses.
It ranks as the 562nd largest and 596th 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 13 properties: 12 houses and 1 flat.
- Ave. Sale Price
- £390,262
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £1,176pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £307/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Propertiesin PL15 8QU
- Maranatha Cottage
4 Bed Period House
- Meadowside
Unknown
- Overton Villa
4 Bed Period House
- Penleaze Cottage
Unknown
- Primrose House
3 Bed Modern House
Sales Market Trends
The last sale in PL15 8QU sold for £725,000 on 16th January 2024. Since then prices are up an average of 0.5%.
The current average value in the postcode is £390,262.
The PL15 8QU Sales Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £390,262 |
| June 2025 | -1.7% | £384,990 |
| June 2024 | -1.8% | £391,664 |
| June 2023 | 0.4% | £398,985 |
| June 2022 | 12.5% | £397,431 |
| June 2021 | 10.2% | £353,372 |
| June 2020 | 1% | £320,577 |
| June 2019 | 2.7% | £317,342 |
| June 2018 | 6.7% | £309,031 |
| June 2017 | 2.5% | £289,674 |
| June 2016 | 2.9% | £282,670 |
| June 2015 | 2.7% | £274,824 |
| June 2014 | 3.9% | £267,567 |
| June 2013 | -0.2% | £257,436 |
| June 2012 | -1.5% | £257,938 |
| June 2011 | -0.7% | £261,835 |
| June 2010 | 6.6% | £263,608 |
| June 2009 | -10.4% | £247,202 |
| June 2008 | -1.3% | £275,971 |
| June 2007 | 0% | £279,623 |
Rental Market Trends
The current average rental value in the postcode is £1,176.
The PL15 8QU Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,176pcm |
| June 2025 | 5.6% | £1,120pcm |
| June 2024 | 3.5% | £1,061pcm |
| June 2023 | 4.4% | £1,025pcm |
| June 2022 | 12% | £982pcm |
| June 2021 | 8.1% | £877pcm |
| June 2020 | 1.9% | £811pcm |
| June 2019 | 1.5% | £797pcm |
| June 2018 | 1.8% | £784pcm |
| June 2017 | 2.8% | £770pcm |
| June 2016 | 1.7% | £750pcm |
| June 2015 | 1.3% | £737pcm |
| June 2014 | 3.5% | £727pcm |
| June 2013 | -0.4% | £703pcm |
| June 2012 | -0.6% | £706pcm |
| June 2011 | 2.2% | £710pcm |
| June 2010 | 6.5% | £695pcm |
| June 2009 | -8.7% | £653pcm |
| June 2008 | 2.6% | £715pcm |
| June 2007 | 0% | £696pcm |
Sales History
The last sale was on 16th January 2024 for £725,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 14 sales since 1995.
PL15 8QU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£725,000 | 5 Bed HouseThe Old School, Launceston, PL15 8QUThe Old School, Launceston, PL15 8QU
- Sold Nov 2023£75,000 | 4 Bed HouseOverton Villa, Launceston, PL15 8QUOverton Villa, Launceston, PL15 8QU
- Sold Sep 2022£400,000 | 3 Bed HouseRosmoor, Launceston, PL15 8QURosmoor, Launceston, PL15 8QU
- Sold Dec 2020£70,000 | 3 Bed HouseRosmoor, Launceston, PL15 8QURosmoor, Launceston, PL15 8QU
- Sold Aug 2020£375,000 | 4 Bed HouseThe Forge, Launceston, PL15 8QUThe Forge, Launceston, PL15 8QU
Nearby Postcodes
PL15 8QU is the 562nd largest and the 596th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8WE, Hendra Garth, Tresmeer, Launceston, PL15PL15 8WE7 Addresses|368 m away
- PL15 8QT, Tresmeer, Launceston, PL15PL15 8QT24 Addresses|430 m away
- PL15 8QD, Orchard Court, Tresmeer, Launceston, PL15PL15 8QD4 Addresses|457 m away
- PL15 8SB, Egloskerry, Launceston, PL15PL15 8SB2 Addresses|778 m away
- PL15 8RG, Tresmeer, Launceston, PL15PL15 8RG1 Addresses|797 m away
Property Types
- 4 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 4 modern houses built after 1980
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (4)
- period flat (2)
- modern house (4)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (1)
- C (2)
- G (1)
- D (2)
- No EPC (5)
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
- Warbstow Primary Academy3.7 km away
- Egloskerry Primary School4.2 km away
- North Petherwin School4.7 km away
- Launceston College11.1 km away
- Sir James Smith's School13.5 km away
- Budehaven Community School18.2 km away
More reading links
Public Transport Nearby
The closest station to PL15 8QU is Liskeard station, which is 24.2 kilometres away.
- Liskeard|24.2 km away
- Coombe Junction Halt|24.2 km away
- Gunnislake|25.9 km away
- Bodmin Parkway|26.6 km away
