Race Hill - PL15 9BB
Key Postcode Insights
PL15 9BB is a residential postcode situated on Race Hill, Launceston, PL15 with 22 addresses.
It ranks as the 671st largest and 112th most expensive of the 882 postcodes in the PL15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 14 houses, 4 flats and 4 other properties.
- Ave. Sale Price
- £185,415
- 10 Year change
- up 34.8%
- Ave. Rental Price
- £753pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £185/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
PL15 9BB is a residential postcode situated on Race Hill, Launceston, PL15 with 22 addresses.
It ranks as the 671st largest and 112th most expensive of the 882 postcodes in the PL15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 14 houses, 4 flats and 4 other properties.
- Ave. Sale Price
- £185,415
- 10 Year change
- up 34.8%
- Ave. Rental Price
- £753pcm
- 10 Year change
- up 53.0%
- Ave. £ per ft²
- £185/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin PL15 9BB
- 1 Race Hill
Building  |  2 Flats
- 2 Race Hill
Building  |  4 Flats
- 7 Race Hill
2 Bed Modern House
- 9 Race Hill
2 Bed Modern House
- 11 Race Hill
4 Bed Period House
Sales Market Trends
The last sale in PL15 9BB sold for £148,500 on 2nd September 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £185,415.
The PL15 9BB Sales Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £185,415 |
| June 2025 | -1.6% | £180,501 |
| June 2024 | -0.9% | £183,418 |
| June 2023 | 1.4% | £185,131 |
| June 2022 | 10.9% | £182,552 |
| June 2021 | 8.5% | £164,565 |
| June 2020 | -0.6% | £151,660 |
| June 2019 | 2% | £152,600 |
| June 2018 | 6.7% | £149,635 |
| June 2017 | 1.9% | £140,199 |
| June 2016 | 1.6% | £137,529 |
| June 2015 | 2.7% | £135,361 |
| June 2014 | 3.2% | £131,748 |
| June 2013 | 2.3% | £127,660 |
| June 2012 | -2.4% | £124,731 |
| June 2011 | -2% | £127,822 |
| June 2010 | 5.1% | £130,492 |
| June 2009 | -12.9% | £124,155 |
| June 2008 | -2.9% | £142,550 |
| June 2007 | 0% | £146,822 |
Rental Market Trends
The current average rental value in the postcode is £753.
The PL15 9BB Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £753pcm |
| June 2025 | 5.9% | £712pcm |
| June 2024 | 3.5% | £672pcm |
| June 2023 | 3.9% | £649pcm |
| June 2022 | 11.7% | £625pcm |
| June 2021 | 6.9% | £560pcm |
| June 2020 | 2% | £524pcm |
| June 2019 | 0.9% | £513pcm |
| June 2018 | 1.1% | £509pcm |
| June 2017 | 2.2% | £503pcm |
| June 2016 | 1.6% | £492pcm |
| June 2015 | 0.7% | £485pcm |
| June 2014 | 3.3% | £481pcm |
| June 2013 | -0.1% | £466pcm |
| June 2012 | -1.1% | £467pcm |
| June 2011 | 1.5% | £472pcm |
| June 2010 | 4.8% | £465pcm |
| June 2009 | -10% | £443pcm |
| June 2008 | 1.8% | £492pcm |
| June 2007 | 0% | £484pcm |
Sales History
The last sale was on 2nd September 2025 for £148,500 and since then the market in the area has increased by 2.2%. The postcode has had a total of 32 sales since 1995.
PL15 9BB has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£148,500 | 2 Bed House20, Race Hill, Launceston, PL15 9BB20, Race Hill, Launceston, PL15 9BB
- Sold Mar 2025£155,000 | 3 Bed House17, Race Hill, Launceston, PL15 9BB17, Race Hill, Launceston, PL15 9BB
- Sold Jun 2023£275,000 | 3 Bed House45, Race Hill, Launceston, PL15 9BB45, Race Hill, Launceston, PL15 9BB
- Sold Aug 2022£255,000 | 4 Bed House40, Race Hill, Launceston, PL15 9BB40, Race Hill, Launceston, PL15 9BB
- Sold Jul 2022£175,000 | 3 Bed House2 Clarence Gardens, Race Hill, Launceston, PL15 9BB2 Clarence Gardens, Race Hill, Launceston, PL15 9BB
Nearby Postcodes
PL15 9BB is the 671st largest and the 112th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 9DH, Southernhaye, Launceston, PL15PL15 9DH12 Addresses|34 m away
- PL15 9AU, Windmill Lane, Launceston, PL15PL15 9AU17 Addresses|41 m away
- PL15 9AZ, Race Hill, Launceston, PL15PL15 9AZ4 Addresses|53 m away
- PL15 9DN, Fair Park Close, Launceston, PL15PL15 9DN13 Addresses|58 m away
- PL15 9AX, Clarence Terrace, Launceston, PL15PL15 9AX3 Addresses|71 m away
Property Types
- 6 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 5 modern houses built after 1980
- 7 mid-century houses built between 1936 and 1979
- period house (6)
- period flat (4)
- modern house (5)
- mid-century house (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (3)
- F (0)
- C (5)
- G (0)
- D (7)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2023£305,000 | 3 Bed House37, Race Hill, Launceston, PL15 9BD37, Race Hill, Launceston, PL15 9BD
- Sold Jun 2023£275,000 | 3 Bed House45, Race Hill, Launceston, PL15 9BB45, Race Hill, Launceston, PL15 9BB
- Sold Jun 2022£260,000 | 3 Bed House29B, Race Hill, Launceston, PL15 9BD29B, Race Hill, Launceston, PL15 9BD
Schools Nearby
- Windmill Hill Academy200 m away
- Launceston Primary School800 m away
- St Catherine's CofE Primary School1.3 km away
- Launceston College600 m away
- Callington Community College14.6 km away
- Tavistock College17.6 km away
More reading links
Public Transport Nearby
The closest station to PL15 9BB is Gunnislake station, which is 16.4 kilometres away.
- Gunnislake|16.4 km away
- Calstock|18.5 km away
- Bere Alston|19.9 km away
- Liskeard|22.3 km away
