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Launceston is a residential street with 280 addresses.
It ranks as the 253rd largest and 134th most expensive of the 426 streets in the PL15 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 280 properties: 239 houses and 41 flats.
Launceston is a residential street with 280 addresses.
It ranks as the 253rd largest and 134th most expensive of the 426 streets in the PL15 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 280 properties: 239 houses and 41 flats.
Sale prices range from £71,002 for 2 bedroom Leasehold flats (581 ft2) to £1,793,168 for 5 bedroom freehold houses with a garden (3,971 ft2) .
Monthly rental prices range from £391 pcm for 2 bed flats to £5,175 pcm for 5 bed houses.
The gross rental yield is between 3.4% and 7.0%.
The average value per square foot is £241.
The last sale on Launceston sold for £64,000 on 21st July 2025. Since then prices are up an average of 0.3%.
The current average value in the street is £304,778.
The Launceston Sales Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £304,778 |
| April 2025 | -1.1% | £294,352 |
| April 2024 | -1.6% | £297,551 |
| April 2023 | 4.1% | £302,249 |
| April 2022 | 8.7% | £290,364 |
| April 2021 | 11.8% | £267,176 |
| April 2020 | -0.3% | £238,916 |
| April 2019 | 2.7% | £239,705 |
| April 2018 | 5.7% | £233,349 |
| April 2017 | 4.3% | £220,723 |
| April 2016 | 2.9% | £211,655 |
| April 2015 | 1.6% | £205,707 |
| April 2014 | 4.6% | £202,502 |
| April 2013 | 0.4% | £193,584 |
| April 2012 | -1.2% | £192,789 |
| April 2011 | -0.3% | £195,203 |
| April 2010 | 3.9% | £195,793 |
| April 2009 | -12.7% | £188,445 |
| April 2008 | -0.5% | £215,919 |
| April 2007 | 0% | £217,016 |
The current average rental value in the street is £1,121.
The Launceston Rental Market has increased by 53.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,121pcm |
| April 2025 | 5.1% | £1,082pcm |
| April 2024 | 4.3% | £1,030pcm |
| April 2023 | 4% | £987pcm |
| April 2022 | 13.7% | £949pcm |
| April 2021 | 5.8% | £835pcm |
| April 2020 | 1.8% | £789pcm |
| April 2019 | 0.9% | £775pcm |
| April 2018 | 2.1% | £767pcm |
| April 2017 | 2.6% | £752pcm |
| April 2016 | 2.1% | £733pcm |
| April 2015 | 0.9% | £718pcm |
| April 2014 | 2.9% | £712pcm |
| April 2013 | 1.2% | £691pcm |
| April 2012 | 0% | £683pcm |
| April 2011 | 1.8% | £683pcm |
| April 2010 | 3.3% | £672pcm |
| April 2009 | -9.6% | £650pcm |
| April 2008 | 7.2% | £719pcm |
| April 2007 | 0% | £671pcm |
The last sale was on 21st July 2025 for £64,000 and since then the market in the area has increased by 0.3%. The street has had a total of 216 sales since 1995.
Launceston, PL15 has seen 12 sales in the last three years and 3 sales in the last twelve months.
Launceston, PL15 is the 253rd largest and the 134th most expensive street in the PL15 area.
There are 44 postcodes on Launceston, PL15.
The closest station to Launceston, PL15 is Gunnislake station which is 15.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Launceston, PL15, 37.7% of property is socially rented and 32.5% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Launceston, PL15, 12.2% of residents are recorded as possessing school level qualifications and 22.3% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Launceston, PL15, the average age was 41.6 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Launceston, PL15, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Launceston, PL15, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.