Tresmeer, Launceston - PL15 8RQ
Key Postcode Insights
PL15 8RQ is a residential postcode situated on Tresmeer, Launceston, PL15 with 1 addresses.
It ranks as the 27th largest and 660th most expensive of the 882 postcodes in the PL15 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £425,136
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £1,195pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
PL15 8RQ is a residential postcode situated on Tresmeer, Launceston, PL15 with 1 addresses.
It ranks as the 27th largest and 660th most expensive of the 882 postcodes in the PL15 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £425,136
- 10 Year change
- up 40.9%
- Ave. Rental Price
- £1,195pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Sales Market Trends
The last sale in PL15 8RQ sold for £425,000 on 20th August 2025. Since then prices are up an average of 0.4%.
The current average value in the postcode is £425,136.
The PL15 8RQ Sales Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £425,136 |
| June 2025 | -1.8% | £421,198 |
| June 2024 | -2% | £428,842 |
| June 2023 | 0.6% | £437,566 |
| June 2022 | 12.7% | £435,057 |
| June 2021 | 11% | £385,981 |
| June 2020 | 1% | £347,611 |
| June 2019 | 3.1% | £344,302 |
| June 2018 | 7.4% | £333,941 |
| June 2017 | 3.1% | £311,001 |
| June 2016 | 3% | £301,729 |
| June 2015 | 3% | £292,943 |
| June 2014 | 4% | £284,321 |
| June 2013 | -0.7% | £273,260 |
| June 2012 | -1.1% | £275,317 |
| June 2011 | -0.2% | £278,497 |
| June 2010 | 7.8% | £278,947 |
| June 2009 | -9.7% | £258,716 |
| June 2008 | -0.7% | £286,511 |
| June 2007 | 0% | £288,397 |
Rental Market Trends
The current average rental value in the postcode is £1,195.
The PL15 8RQ Rental Market has increased by 60.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,195pcm |
| June 2025 | 5.5% | £1,144pcm |
| June 2024 | 3.4% | £1,084pcm |
| June 2023 | 4.6% | £1,049pcm |
| June 2022 | 12.2% | £1,003pcm |
| June 2021 | 8.9% | £893pcm |
| June 2020 | 1.8% | £821pcm |
| June 2019 | 2% | £806pcm |
| June 2018 | 2.5% | £791pcm |
| June 2017 | 3.4% | £772pcm |
| June 2016 | 1.9% | £746pcm |
| June 2015 | 1.6% | £733pcm |
| June 2014 | 3.6% | £721pcm |
| June 2013 | -1% | £696pcm |
| June 2012 | -0.2% | £703pcm |
| June 2011 | 2.7% | £704pcm |
| June 2010 | 7.7% | £686pcm |
| June 2009 | -7.9% | £637pcm |
| June 2008 | 3.3% | £692pcm |
| June 2007 | 0% | £670pcm |
Sales History
The last sale was on 20th August 2025 for £425,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 1 sales since 1995.
PL15 8RQ has seen 1 sale in the last three years and 1 sale in the last twelve months.
Nearby Postcodes
PL15 8RQ is the 27th largest and the 660th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8UF, Treneglos, Launceston, PL15PL15 8UF6 Addresses|496 m away
- PL15 8UE, Canworthy Water, Launceston, PL15PL15 8UE7 Addresses|717 m away
- PL15 8UD, Tremaine, Launceston, PL15PL15 8UD13 Addresses|770 m away
- PL15 8UR, Downinney, Launceston, PL15PL15 8UR9 Addresses|1.1 km away
- PL15 8QY, Tresmeer, Launceston, PL15PL15 8QY17 Addresses|1.2 km away
Property Types
- 1 early-century house built between 1912 and 1935
- early-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is G.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (1)
- D (0)
- No EPC (0)
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 Academy1.4 km away
- North Petherwin School4.6 km away
- Jacobstow Community Academy6.0 km away
- Launceston College13.1 km away
- Sir James Smith's School13.5 km away
- Budehaven Community School15.8 km away
More reading links
Public Transport Nearby
The closest station to PL15 8RQ is Liskeard station, which is 26.7 kilometres away.
- Liskeard|26.7 km away
- Coombe Junction Halt|26.7 km away
- Gunnislake|28.3 km away
- Bodmin Parkway|28.3 km away