Houses for sale in Launceston, PL15, Cornwall
There are 118 results for Launceston, PL15, Cornwall. Property prices in Launceston, PL15 range from £94k to £699k with an average price of £253k.
Properties for sale in Launceston, PL15, Cornwall
3 Bedrooms
1 Bathroom
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Property market in Launceston
What's for sale
120 homes · share, count and typical priceHow many bedrooms
share, count and typical pricePrice bands
120 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes for sale | 78% | 13% |
| Typical asking price | £250k | £115k |
| Average bedrooms | 3.2 | 1.7 |
| Typical time to sell | 4 months | 12 weeks |
| Typical sold price | £255k | £112k |
| Gross rental yield | 5.0% | 6.5% |
Asking prices over time
typical asking price of the homes first listed each quarter · −2.6% since 2024 Q4Prices in and around Launceston
typical asking price, cheapest first- Lanstephan £150k
- Launceston £228k
- Saint Stephens £265k
Schools in Launceston
3 primary · 1 secondary · 100% rated good or outstanding- Launceston College secondary · Good
- St Catherine's CofE Primary School primary · Good
- St Stephens Community Academy primary · Not yet rated
- Windmill Hill Academy primary · Not yet rated
Based on 120 homes for sale on Houses now, 394 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Sep 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated November 2026.
Frequently asked questions about buying in Launceston
What is the average house price in Launceston?
The average home for sale in Launceston is priced at £251,000. A few very expensive homes pull that average up, so a more typical price is £228,000. This is based on the 120 homes for sale on Houses right now.
How much does a 2 or 3 bedroom home cost in Launceston?
A typical 2-bedroom home in Launceston costs £143,000 and a 3-bedroom home £245,000. So the extra bedroom adds about £103,000. 1-bedroom homes start at around £95,000, and 4-bedroom homes are about £335,000.
What price range should I expect in Launceston?
Most homes in Launceston are priced between £95,000 and £697,000, leaving out the very cheapest and most expensive. One in five costs less than £140,000, and one in five £360,000 or more.
How many homes are for sale in Launceston?
There are 118 homes for sale in Launceston on Houses right now, plus 7 already under offer. 31 new listings came onto the market in the last 30 days.
Are house prices going up in Launceston?
No, they are falling. Homes put up for sale in Launceston over the last 12 months were advertised at a typical £215,000, 4.4% lower than the year before (£225,000). By size, 2-bedroom homes are up 5% and 3-bedroom homes are down 6%.
How long does it take to sell a home in Launceston?
Homes usually sell or come off the market within about 4 months. About 13% go within the first month, and a quarter take longer than about 8 months. Flats go faster, in about 12 weeks against about 4 months for houses.
What do homes actually sell for in Launceston?
In the year to August 2026, 96 homes sold in Launceston at a typical price of £206,000, according to HM Land Registry. Houses sold for about £255,000 and flats for about £112,000. Asking prices today are a little higher, at £228,000, as sellers usually ask above what homes finally sell for.
What rental yield can I get in Launceston?
About 6.5% gross for flats and 5.0% for houses. That compares typical rents with what flats and houses actually sold for in Launceston over the last year. Running costs, voids and mortgage interest are not taken off.
What type of homes are for sale in Launceston?
Terraced houses are the most common, about a third of homes for sale in Launceston. Detached houses come next, followed by bungalows. Flats and apartments are the cheapest, at about £115,000, and detached houses the most expensive, at about £428,000.
Where are the cheapest places to buy near Launceston?
Of the areas around Launceston, Lanstephan is the cheapest, with a typical asking price of £150,000, followed by Saint Stephens (£265,000). Launceston itself is £228,000.
Are homes in Launceston freehold or leasehold?
About 9 in 10 homes for sale in Launceston are freehold and the rest leasehold, which is mostly flats. There are 2 new-build homes on the market too.
What are the schools like in Launceston?
There are 3 primary and 1 secondary schools in Launceston.