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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PL15 9EBHouse Prices / South West, Cornwall, Madford Lane
Last updated May 2026
Key Postcode Insights
PL15 9EB is a residential postcode situated on Madford Lane, Launceston, PL15 with 23 addresses.
It ranks as the 744th largest and 2nd most expensive of the 881 postcodes in the PL15 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 23 properties: 3 houses and 20 flats.
23
Properties
- Houses
- Flats
Key Postcode Insights
PL15 9EB is a residential postcode situated on Madford Lane, Launceston, PL15 with 23 addresses.
It ranks as the 744th largest and 2nd most expensive of the 881 postcodes in the PL15 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 23 properties: 3 houses and 20 flats.
23
Properties
- Houses
- Flats
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House Pricesin PL15 9EB
Sale prices range from £38,879 for 1 bedroom leasehold flats (258 ft2) to £236,706 for 3 bedroom freehold houses with a garden (957 ft2) .
Monthly rental prices range from £225 pcm for 1 bed flats to £1,047 pcm for 3 bed houses.
The gross rental yield is between 5.2% and 7.0%.
The average value per square foot is £144.
Average Sale Value
£83,814
Average Rental Value
£421 pcm
Average Rental Yield
6.0% /year
Average Value Per Sqft
£144 /ft2
Sales Market Trendsin PL15 9EB
The last sale in PL15 9EB sold for £50,000 on 16th April 2025. Since then prices are up an average of 4.3%.
The current average value in the postcode is £83,814.
The PL15 9EB Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £83,814 |
| April 2025 | -0.9% | £80,096 |
| April 2024 | -1.1% | £80,855 |
| April 2023 | 3.2% | £81,746 |
| April 2022 | 6.8% | £79,190 |
| April 2021 | 10.8% | £74,127 |
| April 2020 | -0.3% | £66,889 |
| April 2019 | 2.1% | £67,058 |
| April 2018 | 4.3% | £65,686 |
| April 2017 | 3.1% | £62,988 |
| April 2016 | 2.2% | £61,115 |
| April 2015 | 0.8% | £59,814 |
| April 2014 | 3.8% | £59,347 |
| April 2013 | -0.6% | £57,185 |
| April 2012 | -1.8% | £57,504 |
| April 2011 | -0.6% | £58,540 |
| April 2010 | 1.2% | £58,913 |
| April 2009 | -13.6% | £58,230 |
| April 2008 | -0.3% | £67,391 |
| April 2007 | 0% | £67,609 |
Rental Market Trendsin PL15 9EB
The current average rental value in the postcode is £421.
The PL15 9EB Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £421pcm |
| April 2025 | 5.4% | £403pcm |
| April 2024 | 4.7% | £382pcm |
| April 2023 | 2.9% | £365pcm |
| April 2022 | 12.2% | £355pcm |
| April 2021 | 4.6% | £316pcm |
| April 2020 | 2% | £302pcm |
| April 2019 | 0.2% | £296pcm |
| April 2018 | 0.6% | £295pcm |
| April 2017 | 1.3% | £293pcm |
| April 2016 | 1.5% | £290pcm |
| April 2015 | 0.2% | £285pcm |
| April 2014 | 1.8% | £285pcm |
| April 2013 | 0.2% | £280pcm |
| April 2012 | -0.5% | £279pcm |
| April 2011 | 1.5% | £281pcm |
| April 2010 | 0.7% | £276pcm |
| April 2009 | -10.5% | £274pcm |
| April 2008 | 7.6% | £306pcm |
| April 2007 | 0% | £285pcm |
Properties and Buildingsin PL15 9EB, Madford Lane, Launceston, PL15
- Birch Flat, Madford Lane, Launceston, PL15 9EB2 bed period flat
- G H L Video Shop, Madford Lane, Launceston, PL15Building 2 units
- Harts, Madford Lane, Launceston, PL15 9EB
- Harts Alley, Madford Lane, Launceston, PL15 Period building 7 units
- Howard Way, Madford Lane, Launceston, PL15 Period building 5 units
- Flat, Just Kids, Madford Lane, Launceston, PL15 9EB
- Madford Lodge, Madford Lane, Launceston, PL15 9EB
- Pinetrees Flat, Madford Lane, Launceston, PL15 9EB
- Willow Flat, Madford Lane, Launceston, PL15 9EB2 bed period flat
- 1, Madford Lane, Launceston, PL15Building 2 units
- 2, Madford Lane, Launceston, PL15 9EB3 bed period house
Sales Historyin PL15 9EB
The last sale was on 16th April 2025 for £50,000 and since then the market in the area has increased by 4.3%. The postcode has had a total of 26 sales since 1995.
PL15 9EB has seen 3 sales in the last three years and no sales in the last twelve months.
Sold Apr 2025£50,000 | 2 Bed FlatHoward Way, Madford LaneFlat 2, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Dec 2024£56,000 | 1 Bed FlatHarts Alley, Madford LaneFlat 4, Harts Alley, Madford Lane, Launceston, PL15 9EB
Sold Nov 2024£55,000 | 2 Bed FlatHoward Way, Madford LaneFlat 3, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Jan 2022£66,000 | 1 Bed FlatHarts Alley, Madford LaneFlat 4, Harts Alley, Madford Lane, Launceston, PL15 9EB
Sold Sep 2021£25,000 | 2 Bed FlatHoward Way, Madford LaneFlat 3, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Sep 2021£25,000 | 1 Bed FlatHarts Alley, Madford LaneFlat 4, Harts Alley, Madford Lane, Launceston, PL15 9EB
Sold Jun 2019£120,000 | 3 Bed FlatMadford LanePinetrees Flat, Madford Lane, Launceston, PL15 9EB
Sold Mar 2019£75,000 | 2 Bed FlatMadford Lane1, Madford Lane, Launceston, PL15 9EB
Sold Dec 2013£73,000 | 2 Bed FlatHoward Way, Madford LaneFlat 1, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Sep 2011£62,000 | 2 Bed FlatHoward Way, Madford LaneFlat 1, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Oct 2003£50,500 | 2 Bed FlatHoward Way, Madford LaneFlat 3, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Jul 2003£66,500 | 2 Bed FlatHoward Way, Madford LaneFlat 4, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Sep 2001£43,500 | 2 Bed FlatHoward Way, Madford LaneFlat 3, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Aug 2001£16,000 | 2 Bed FlatHoward Way, Madford LaneFlat 2, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Sep 2000£48,000 | 3 Bed HouseMadford Lane2, Madford Lane, Launceston, PL15 9EB
Sold Feb 2000£31,500 | 2 Bed FlatHoward Way, Madford LaneFlat 2, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Sep 1999£31,000 | 2 Bed FlatHoward Way, Madford LaneFlat 3, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Aug 1999£34,000 | 2 Bed FlatJust Kids, Madford LaneFlat, Just Kids, Madford Lane, Launceston, PL15 9EB
Sold Jun 1999£31,000 | 2 Bed FlatHoward Way, Madford LaneFlat 1, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Jun 1999£32,000 | 2 Bed FlatHoward Way, Madford LaneFlat 4, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Jun 1998£27,000 | 2 Bed FlatHoward Way, Madford LaneFlat 3, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Aug 1997£27,000 | 2 Bed FlatHoward Way, Madford LaneFlat 2, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Nov 1996£28,500 | 2 Bed FlatHoward Way, Madford LaneFlat 1, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Nov 1996£45,000 | 3 Bed HouseMadford LaneMadford Lodge, Madford Lane, Launceston, PL15 9EB
Sold Apr 1996£28,500 | 2 Bed FlatHoward Way, Madford LaneFlat 4, Howard Way, Madford Lane, Launceston, PL15 9EB
Sold Sep 1995£21,000 | 3 Bed HouseMadford LaneMadford Lodge, Madford Lane, Launceston, PL15 9EB
Nearby Postcodesto PL15 9EB
PL15 9EB is the 744th largest and the 2nd most expensive postcode out of the 881 postcodes in the PL15 area.
- 43 mPL15 7AB, Westgate Street, Launceston, PL15PL15 7AB25 Addresses
- 67 mPL15 7AW, Dockey, Launceston, PL15PL15 7AW2 Addresses
- 70 mPL15 8AA, Broad Street, Launceston, PL15PL15 8AA9 Addresses
- 74 mPL15 8AB, Broad Street, Launceston, PL15PL15 8AB4 Addresses
- 79 mPL15 7AZ, Westgate Mews, Launceston, PL15PL15 7AZ24 Addresses
- 81 mPL15 9TD, Chings Alley, Launceston, PL15PL15 9TD6 Addresses
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Property Typesin PL15 9EB
- 1 period house built between 1800 and 1911
- 18 period flats built between 1800 and 1911
- 4 other addresses of unknown type
- period house (1)
- period flat (18)
- Unknown (4)
Energy Efficiencyof properties in PL15 9EB
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The dominant rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (1)
- G (0)
- D (6)
- No EPC (12)
Top 3 Most Expensive Saleson Madford Lane
Schools Nearbyto PL15 9EB
The nearest primary school to PL15 9EB is Windmill Hill Academy which is 185 metres away.
- 185mWindmill Hill Academy
- 1.0kmLaunceston Primary School
- 1.1kmSt Catherine's CofE Primary School
The nearest secondary school is Launceston College which is 771 metres away.
- 771mLaunceston College
- 14.8kmCallington Community College
- 17.9kmTavistock College
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Public Transport Nearbyto PL15 9EB
The closest station to PL15 9EB is Gunnislake station which is 16.6 kilometres away.
- 16.6kmGunnislake
- 18.8kmCalstock
- 20.2kmBere Alston
- 22.3kmLiskeard
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