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Launceston House Prices

The average house price in Launceston is £244,100 using HM Land Registry data.

The average property price decreased by £13,226 (-5.6%) over the last 5 years and decreased by £2,644 (-1.17%) over the last 12 months.

Over the last year, there were 94 residential property sales – a decrease of 29 transactions (-30.85%) relative to the previous year. The majority of house sales (24) were in the £154,000 - £208,000 range. Then came properties in the £100,000 - £154,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 129 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,147 (-3%).

In Jun 2026, there were 21 new estate agency instructions, 19 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in Launceston

-5.6%

Property prices in Launceston decreased by -5.6% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Launceston Over the Last Year

-1.17%

Property prices in Launceston decreased by -1.17% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Launceston - Jun 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Launceston

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Launceston

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Launceston

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Launceston since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Launceston area since 1995.

Recent Property Sales in Launceston

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Castle Meadows, Launceston, PL15 7DZ	£265,000	£260,000	-£5,000	27 Aug 2025	09 Apr 2026	225 Days
4 Prince Philip Road, St Stephens, Launceston, PL15 8BZ	£175,000	£168,000	-£7,000	06 Nov 2025	07 Apr 2026	152 Days
Flat 3, 2, High Street, Launceston, PL15 8ER	£65,500	£65,000	-£500	08 May 2025	31 Mar 2026	327 Days
20 Riverside Mills, Riverside, Launceston, PL15 8GX	£165,000	£163,000	-£2,000	12 Aug 2025	30 Mar 2026	230 Days
16 Woodvale Terrace, Race Hill, Launceston, PL15 9BN	£215,000	£207,500	-£7,500	19 Oct 2025	26 Mar 2026	158 Days
5 Sampson Close, Launceston, PL15 7GB	£269,950	£265,000	-£4,950	26 Sep 2025	25 Mar 2026	180 Days
Flat 1, Victoria House, Station Road, Launceston, PL15 8EG	£125,000	£112,500	-£12,500	02 Jul 2025	23 Mar 2026	264 Days
16 Grammers Park, Launceston, PL15 7FY	£325,000	£315,000	-£10,000	22 Aug 2025	20 Mar 2026	210 Days
90 Kensey Valley Meadow, Launceston, PL15 9TJ	£200,000	£195,000	-£5,000	06 Nov 2025	20 Mar 2026	134 Days
10 Riverside Mills, Riverside, Launceston, PL15 8GX	£278,000	£269,000	-£9,000	20 Apr 2025	04 Mar 2026	318 Days
4 Oak Moor Drive, Launceston, PL15 9FA	£175,000	£172,000	-£3,000	20 Aug 2025	25 Feb 2026	189 Days
19 Tower Street, Launceston, PL15 8BQ	£120,000	£117,250	-£2,750	05 Sep 2025	17 Feb 2026	165 Days
21 Woburn Road, Launceston, PL15 7HH	£325,000	£320,000	-£5,000	12 Jan 2026	13 Feb 2026	32 Days
21 Roydon Lane, St Stephens, Launceston, PL15 8NG	£135,000	£133,500	-£1,500	02 Jul 2025	02 Feb 2026	215 Days
Flat 2, 52, Tower Street, Launceston, PL15 8BG	£100,000	£100,000	£0	15 Aug 2025	30 Jan 2026	168 Days
4 Prouts Court, Tavistock Road, Launceston, PL15 8QS	£115,000	£98,000	-£17,000	04 May 2025	16 Jan 2026	257 Days
Manton, Windmill Hill, Launceston, PL15 9AG	£600,000	£585,000	-£15,000	26 Oct 2025	13 Jan 2026	79 Days
43 St Marys Road, Lanstephan, Launceston, PL15 8JR	£157,500	£146,000	-£11,500	18 Apr 2025	10 Dec 2025	236 Days
28 Kensey Valley Meadow, Launceston, PL15 9NB	£399,950	£399,950	£0	18 Jun 2025	04 Dec 2025	169 Days
10 Hurdon Road, Launceston, PL15 9DB	£220,000	£208,000	-£12,000	03 May 2025	03 Dec 2025	214 Days

Most Expensive Streets in Launceston

Postcode	Street	Area	Average	No. of Sales
PL15 9AG	Windmill Hill	Launceston	£471,250	4
PL15 9JQ	Dunheved Road	Launceston	£430,000	3
PL15 7GE	Treveglos Close	Lewannick	£407,491	6
PL15 7HS	Dunheved Fields	Launceston	£371,916	6
PL15 7GA	Kestle Close	Launceston	£356,997	5
PL15 9JE	Dunheved Road	Launceston	£350,401	5
PL15 8FP	Station Mews	Town Mills	£346,625	8
PL15 9GZ	Windmill Park	Launceston	£337,200	5
PL15 7HH	Woburn Road	Launceston	£329,333	3
PL15 7FX	Chapel Gate	Launceston	£311,872	4

Least Expensive Streets in Launceston

Postcode	Street	Area	Average	No. of Sales
PL15 8XA	Market Court	Market Street, Launceston	£68,625	4
PL15 8ER	High Street	Launceston	£79,625	4
PL15 7AZ	Westgate Mews	Dockey	£81,653	13
PL15 8BG	Tower Street	Launceston	£90,333	3
PL15 8AT	Church Stile Flats	Church Stile	£104,666	3
PL15 9DR	Manaton Court	Dunheved Road	£111,150	13
PL15 9DH	Southernhaye	Windmill Lane	£111,225	4
PL15 8QS	Prouts Court	Tavistock Road	£112,214	7
PL15 8AY	Castle Dyke	Launceston	£115,983	3
PL15 9EL	Prouts Mews	A388 Between Dockacre Road And Polson Bridge	£122,500	6