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Tower Street is a residential street with 66 addresses.
It ranks as the 379th largest and 23rd most expensive of the 422 streets in the PL15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 66 properties: 5 houses and 61 flats.
Tower Street is a residential street with 66 addresses.
It ranks as the 379th largest and 23rd most expensive of the 422 streets in the PL15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 66 properties: 5 houses and 61 flats.
Sale prices range from £66,920 for 1 bedroom leasehold flats (344 ft2) to £206,123 for 2 bedroom freehold houses with a garden (581 ft2) .
Monthly rental prices range from £399 pcm for 1 bed flats to £906 pcm for 2 bed houses.
The gross rental yield is between 5.3% and 7.4%.
The average value per square foot is £150.
The last sale on Tower Street sold for £117,250 on 17th February 2026. Since then prices are up an average of 3.9%.
The current average value in the street is £115,220.
The Tower Street Sales Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.5% | £115,220 |
| May 2025 | -0.4% | £111,335 |
| May 2024 | -1.5% | £111,728 |
| May 2023 | 2.6% | £113,469 |
| May 2022 | 8.9% | £110,625 |
| May 2021 | 9.5% | £101,545 |
| May 2020 | -0.3% | £92,711 |
| May 2019 | 1.1% | £92,975 |
| May 2018 | 5.6% | £91,999 |
| May 2017 | 1.9% | £87,091 |
| May 2016 | 2% | £85,498 |
| May 2015 | 2.3% | £83,824 |
| May 2014 | 2.6% | £81,937 |
| May 2013 | 0.5% | £79,849 |
| May 2012 | -2.6% | £79,470 |
| May 2011 | -0.8% | £81,598 |
| May 2010 | 2.4% | £82,247 |
| May 2009 | -13.4% | £80,290 |
| May 2008 | -2% | £92,711 |
| May 2007 | 0% | £94,582 |
The current average rental value in the street is £576.
The Tower Street Rental Market has increased by 46.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.5% | £576pcm |
| May 2025 | 6.6% | £552pcm |
| May 2024 | 4% | £517pcm |
| May 2023 | 2.7% | £497pcm |
| May 2022 | 11.8% | £484pcm |
| May 2021 | 5.4% | £433pcm |
| May 2020 | 2.7% | £411pcm |
| May 2019 | -0.3% | £400pcm |
| May 2018 | 0.8% | £401pcm |
| May 2017 | 1.1% | £398pcm |
| May 2016 | 1.7% | £393pcm |
| May 2015 | 0.2% | £387pcm |
| May 2014 | 2% | £386pcm |
| May 2013 | 0.1% | £379pcm |
| May 2012 | -0.7% | £378pcm |
| May 2011 | 1.2% | £381pcm |
| May 2010 | 2.2% | £376pcm |
| May 2009 | -10.7% | £368pcm |
| May 2008 | 5.7% | £412pcm |
| May 2007 | 0% | £390pcm |
The last sale was on 17th February 2026 for £117,250 and since then the market in the area has increased by 3.9%. The street has had a total of 33 sales since 1995.
Tower Street, Launceston, PL15 has seen 5 sales in the last three years and 3 sales in the last twelve months.
Tower Street, Launceston, PL15 is the 379th largest and the 23rd most expensive street in the PL15 area.
There are 5 postcodes on Tower Street, Launceston, PL15.
The closest station to Tower Street, Launceston, PL15 is Gunnislake station which is 17.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Tower Street, Launceston, PL15, 37.6% of property is socially rented and 29.6% is privately rented.
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 Tower Street, Launceston, PL15, 18.8% of residents are recorded as possessing school level qualifications and 30.4% 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 Tower Street, 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 Tower Street, Launceston, PL15, 1.3% 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 Tower Street, Launceston, PL15, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.