Postcode district
PL15
Median asking price
£375K
Across 136 for-sale listings
Growth, 3 years
-2.7%
A year, annualised
Gross yield
3.8%
Indicative, from listing medians
Days on market
48
Average time on market
Investment overview
Median asking price
£375K
Average £421K, range £113K to £1.4M
Gross yield
3.8%
ModerateIndicative gross yield from listing medians
Price growth
% a year, annualised over each horizon
Market heat
Hot
48 days average time on market
Median asking rent
£1,200/mo
Of 10 to-let listings
Most common type
Detached
3 bedrooms on average
Market data
Listings
Summary
Homes listed
146
For sale and to let. Excludes 8 that are not homes or not monthly rents
Median asking price
£375K
Asking price range
£113K to £1.4M
Homes analysed
10,784
Behind the growth and area averages
For-sale listings equal 1.3% of the homes analysed.
Strategy fit
Buy to let
ModerateGross yield
3.8%
- Moderate indicative gross yield of 3.8%
- Median asking rent £1K a month
HMO
WeakMedian asking price
£375K
- High entry price (£375K) squeezes HMO returns
- 18% of households rent privately
- Most listings are detached
Flip
WeakGrowth, 3 years
-2.7% a year
- Prices moving -2.7% a year over 3 years raises resale risk
- 48 days average time on market
Recent listings
The 6 most recently updated for-sale listings, a sample of 136 in PL15.
Tresmeer, Launceston PL15
£295,000
Detached · Seen 4 Nov 2026
Race Hill, Launceston, Cornwall PL15
£265,000
Bungalow · Seen 4 Nov 2026
Race Hill, Launceston PL15
£229,950
Semi detached · Seen 4 Nov 2026
North Hill, Launceston PL15
£570,000
Detached · Seen 4 Nov 2026
Castle Meadows, Launceston PL15
£258,000
Semi detached · Seen 4 Nov 2026
Dunheved Gardens, Launceston, Cornwall PL15
£450,000
Bungalow · Seen 4 Nov 2026