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Property investment stats for Launceston, South West

A complete guide to property investment in Launceston.

Last updated: 18 September 2025

Investment summary

Launceston offers a property market that is both accessible and steady, with a price-to-income ratio of 4.1 making it more affordable than many parts of the South West. The median price per square foot of £228 per sq ft and the current median asking sale price of a 3-bedroom house at £254,800 suggest buyers can get reasonable value for their money. Rental investors will note the average rental yield of 3.5%, with the top-performing postcode district offering a higher yield of 4.8%. While recent capital growth has changed by -5.4% over the past year, the three-year picture shows a more moderate growth of 3.0%, translating to an annualised rate of 1.0%.

Liquidity appears reasonable, with properties spending an average of 88 days on the market and a median discount of £4,000 (the typical achieved discount) indicating some room for negotiation. The area’s demographic profile leans older, with a high proportion of single occupier and couple households, and the private rented sector is notably large compared to owner-occupied homes.

Image of Launceston, South West

Key investment stats for Launceston

Median price per sq ft

£228 / sq ft

Average rental yield

3.5%

Capital growth (1y)

-5.4%

Sales in past year

118

* Property stats calculated for last full calendar year (2024).

Live property stats in Launceston

Live prices in Launceston, South West

* Extreme prices clipped for legibility

Properties for sale

Median price

£249,950

25% of properties below...

£181,000

75% of properties below...

£353,750

Most expensive property

£829,950

Live listings

190

Median days on market

88

Should you invest in Launceston?

Opportunities

  • Investors can achieve strong rental yields of 4.8% in the top-performing postcode district, which stands out in the local market.
  • The price-to-income ratio of 4.1 and median price per square foot of £228 per sq ft make Launceston relatively affordable for buyers and investors alike.
  • With a large private rented sector in the 82nd percentile, there is a robust tenant base to support ongoing rental demand.

Risks

  • The 1-year capital growth has changed by -5.4%, which could concern investors seeking short-term appreciation.
  • The area’s older demographic (67th percentile for population aged 60+) may limit demand growth from younger renters or buyers.
  • Liquidity is moderate, with homes taking 88 days to sell and a median discount of £4,000 (the typical achieved discount), which could impact exit strategies.

Outlook

The next twelve months in Launceston are likely to be steady rather than spectacular. With annual sales at 118 and a median discount of £4,000 (the typical achieved discount), buyers are likely to retain some bargaining power, but the market is not flooded with distressed sellers. Rental demand should remain healthy, given the private rented sector’s 82nd percentile ranking and the median asking rent for a 3-bedroom house at £1,250.

Capital growth may be muted, as the annualised growth over three years stands at 1.0%, but affordability and rental yields should continue to attract investors. While the area’s older demographic may keep demand from younger buyers and renters in check, Launceston’s value proposition and reliable rental market are likely to underpin stable returns for pragmatic investors.

Live properties in Launceston

Investment properties in Launceston, South West

2 bedroom cottage for sale
12% below median price

£136,950

2 bedroom cottage for sale

Higher Cleaverfield, Launceston, Co...

Properties needing refurbishment in Launceston, South West
Needs Refurb
3 bedroom detached bungalow for sale
21% below median price

£210,000 - Offers in Excess of

3 bedroom detached bungalow for sale

Windmill Hill Terrace, Launceston, ...

Priced to sell properties in Launceston, South West
Priced to Sell
3 bedroom detached house for sale
On market for 180 days

£325,000 - Guide Price

3 bedroom detached house for sale

Hendra Gardens, Launceston, Cornwal...

Slow to sell properties in Launceston, South West
Slow to Sell
2 bedroom apartment for sale
Reduced by 14%

£60,000

2 bedroom apartment for sale

Westgate Mews, Launceston, Cornwall...

Big price drop properties in Launceston, South West
Big Price Drop
5 bedroom detached house for sale
High yield opportunity

£345,000 - Guide Price

5 bedroom detached house for sale

Kensey Valley Meadow, Launceston

HMO properties in Launceston, South West
HMO
5 bedroom detached house for sale
2,152 sq ft

£575,000 - Offers in Region of

5 bedroom detached house for sale

Tavistock Road, Launceston

Properties with planning granted in Launceston, South West
Planning Granted
2 bedroom apartment for sale
44% below median price

£105,000

2 bedroom apartment for sale

Launceston. PL15

Low price-per-sq-ft properties in Launceston, South West
Low Price per Sq Ft

Achieved vs asking prices

Key takeaway: Balanced market

Buyers have some negotiation leverage, but not much.

Headline stats

• Median discount: £4,000

• 1 in 4 properties sell at > £7,950 below asking

• 1 in 10 properties sell at > £12,000 below asking

In percentage terms:

• Median discount of 2.5%

• 25% of properties discounted by > 4.2%

• 10% of properties discounted by > 5.4%

Best places to invest in Launceston

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1PL154.8%2.2%£260 / sq ft

Nearby and related areas

Data sources

GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:

  • HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.

  • Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.

  • Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.

  • GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.

  • Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.

  • HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.

Data is updated continuously, matched across sources and rigorously validated.