Rezare, Launceston - PL15 9NZ
Key Postcode Insights
PL15 9NZ is a residential postcode situated on Rezare, Launceston, PL15 with 6 addresses.
It ranks as the 331st largest and 856th 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 6 properties: 6 houses.
- Ave. Sale Price
- £618,219
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £1,726pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £445/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
PL15 9NZ is a residential postcode situated on Rezare, Launceston, PL15 with 6 addresses.
It ranks as the 331st largest and 856th 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 6 properties: 6 houses.
- Ave. Sale Price
- £618,219
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £1,726pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £445/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Propertiesin PL15 9NZ
- Lowley Bridge
3 Bed Period House
- Lowley Brook Farm
4 Bed Modern House
- Lowley Cottage
5 Bed Period House
- The Roost
House
- Tressell Farm
House
Sales Market Trends
The last sale in PL15 9NZ sold for £500,000 on 22nd July 2022. Since then prices are down an average of 0.3%.
The current average value in the postcode is £618,219.
The PL15 9NZ Sales Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £618,219 |
| June 2025 | -0.8% | £609,453 |
| June 2024 | -1.4% | £614,628 |
| June 2023 | 1% | £623,113 |
| June 2022 | 11.8% | £617,110 |
| June 2021 | 11.3% | £552,075 |
| June 2020 | -0.3% | £496,025 |
| June 2019 | 2.5% | £497,472 |
| June 2018 | 6.8% | £485,365 |
| June 2017 | 3.5% | £454,621 |
| June 2016 | 2.5% | £439,235 |
| June 2015 | 3.1% | £428,389 |
| June 2014 | 3.3% | £415,636 |
| June 2013 | 0.9% | £402,234 |
| June 2012 | -1.5% | £398,676 |
| June 2011 | -0.9% | £404,732 |
| June 2010 | 8.5% | £408,513 |
| June 2009 | -10.7% | £376,519 |
| June 2008 | -2.2% | £421,414 |
| June 2007 | 0% | £430,928 |
Rental Market Trends
The current average rental value in the postcode is £1,726.
The PL15 9NZ Rental Market has increased by 59.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,726pcm |
| June 2025 | 5.4% | £1,652pcm |
| June 2024 | 3.4% | £1,567pcm |
| June 2023 | 4.6% | £1,515pcm |
| June 2022 | 12.3% | £1,448pcm |
| June 2021 | 8.7% | £1,290pcm |
| June 2020 | 2% | £1,187pcm |
| June 2019 | 1.7% | £1,164pcm |
| June 2018 | 2.5% | £1,144pcm |
| June 2017 | 3% | £1,117pcm |
| June 2016 | 2% | £1,084pcm |
| June 2015 | 1.5% | £1,063pcm |
| June 2014 | 3.8% | £1,047pcm |
| June 2013 | -0.7% | £1,009pcm |
| June 2012 | -0.3% | £1,016pcm |
| June 2011 | 2.5% | £1,019pcm |
| June 2010 | 7.5% | £994pcm |
| June 2009 | -8% | £925pcm |
| June 2008 | 3.2% | £1,005pcm |
| June 2007 | 0% | £973pcm |
Sales History
The last sale was on 22nd July 2022 for £500,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 4 sales since 1995.
PL15 9NZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£500,000 | 3 Bed HouseLowley Bridge, Launceston, PL15 9NZLowley Bridge, Launceston, PL15 9NZ
- Sold Nov 2018£330,000 | 3 Bed HouseLowley Bridge, Launceston, PL15 9NZLowley Bridge, Launceston, PL15 9NZ
- Sold Mar 2012£550,000 | 5 Bed HouseLowley Cottage, Launceston, PL15 9NZLowley Cottage, Launceston, PL15 9NZ
- Sold Mar 1995£120,000 | 5 Bed HouseWellswood Farm, Launceston, PL15 9NZWellswood Farm, Launceston, PL15 9NZ
Nearby Postcodes
PL15 9NZ is the 331st largest and the 856th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 9NY, Rezare, Launceston, PL15PL15 9NY1 Addresses|895 m away
- PL15 9NW, Lezant, Launceston, PL15PL15 9NW10 Addresses|912 m away
- PL15 9NX, Rezare, Launceston, PL15PL15 9NX36 Addresses|1.1 km away
- PL15 9PJ, Trekenner, Launceston, PL15PL15 9PJ5 Addresses|1.3 km away
- PL15 9NU, Rezare, Launceston, PL15PL15 9NU7 Addresses|1.3 km away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 3 other addresses of unknown type
- period house (2)
- modern house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
Schools Nearby
- Trekenner Community Primary School1.7 km away
- Stoke Climsland School4.0 km away
- Milton Abbot Primary School5.1 km away
- Launceston College5.7 km away
- Callington Community College8.7 km away
- Tavistock College12.6 km away
More reading links
Public Transport Nearby
The closest station to PL15 9NZ is Gunnislake station, which is 10.4 kilometres away.
- Gunnislake|10.4 km away
- Calstock|12.4 km away
- Bere Alston|13.8 km away
- Bere Ferrers|17.7 km away