Houses for sale in Launceston, PL15, Cornwall

There are 111 results for Launceston, PL15, Cornwall. Property prices in Launceston, PL15 range from £93k to £710k with an average price of £255k.


Properties for sale in Launceston, PL15, Cornwall

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Property market in Launceston

Average asking price £247k typical £225k
Most prices £92k – £622k leaving out the extremes
Homes for sale 111 7 more under offer
New to the market 31 in the last 30 days
Typical time to sell 4 months last 12 months
Asking prices, year on year −2.2% homes newly listed
Typical sold price £206k 96 sales in 12 months
Gross rental yield 5.3–6.8% houses 5.3%, flats 6.8%

What's for sale

108 homes · share, count and typical price
Terraced houses 32.4% 35 · £180k
Detached houses 17.6% 19 · £425k
Semi-detached houses 14.8% 16 · £227k
Bungalows 13.0% 14 · £355k
Flats and apartments 10.2% 11 · £100k
Other homes 10.2% 11 · £175k
Land and plots 1.9% 2 · £138k

How many bedrooms

share, count and typical price
1 bedroom 2.9% 3 · £95k
2 bedrooms 21.4% 22 · £147k
3 bedrooms 56.3% 58 · £240k
4 bedrooms 13.6% 14 · £307k
5+ bedrooms 5.8% 6 · £547k

Price bands

108 homes
Under £140k 19.4% 21
£140k – £180k 16.7% 18
£180k – £250k 23.1% 25
£250k – £350k 19.4% 21
£350k and over 21.3% 23

Houses and flats compared

HousesFlats
Share of homes for sale78%10%
Typical asking price£250k£100k
Average bedrooms3.21.7
Typical time to sell4 months11 weeks
Typical sold price£255k£107k
Gross rental yield5.3%6.8%

Asking prices over time

typical asking price of the homes first listed each quarter · no change since 2024 Q4 Median asking price per quarter in Launceston 2024 Q4: £190k (55 new listings) £190k 2024 Q4 2025 Q1: £222k (106 new listings) £222k 2025 Q1 2025 Q2: £225k (105 new listings) £225k 2025 Q2 2025 Q3: £235k (119 new listings) £235k 2025 Q3 2025 Q4: £265k (73 new listings) £265k 2025 Q4 2026 Q1: £275k (72 new listings) £275k 2026 Q1 2026 Q2: £200k (116 new listings) £200k 2026 Q2 2026 Q3: £190k (70 new listings) £190k 2026 Q3

Prices in and around Launceston

typical asking price, cheapest first
  1. Lanstephan £150k
  2. Launceston £225k
  3. Saint Stephens £295k

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 108 homes for sale on Houses now, 405 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, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 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 £247,000. A few very expensive homes pull that average up, so a more typical price is £225,000. This is based on the 108 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 £147,000 and a 3-bedroom home £240,000. So the extra bedroom adds about £93,000. 1-bedroom homes start at around £95,000, and 4-bedroom homes are about £307,000.

What price range should I expect in Launceston?

Most homes in Launceston are priced between £92,000 and £622,000, leaving out the very cheapest and most expensive. One in five costs less than £140,000, and one in five £350,000 or more.

How many homes are for sale in Launceston?

There are 111 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?

Slightly down. Homes put up for sale in Launceston over the last 12 months were advertised at a typical £220,000, 2.2% lower than the year before (£225,000). By size, 2-bedroom homes are up 9% 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 7 months. Flats go faster, in about 11 weeks against about 4 months for houses.

What do homes actually sell for in Launceston?

In the year to July 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 £107,000. Asking prices today are a little higher, at £225,000, as sellers usually ask above what homes finally sell for.

What rental yield can I get in Launceston?

About 6.8% gross for flats and 5.3% 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 semi-detached houses. Flats and apartments are the cheapest, at about £100,000, and detached houses the most expensive, at about £425,000.

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 (£295,000). Launceston itself is £225,000.

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.