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Penscombe Cross Lezant is a residential building situated on Lezant, Launceston, PL15 with 2 addresses.
It ranks as the 150th largest and 148th most expensive of the 339 buildings in the PL15 area.
The building contains a total of 2 properties: 2 flats.
Penscombe Cross Lezant is a residential building situated on Lezant, Launceston, PL15 with 2 addresses.
It ranks as the 150th largest and 148th most expensive of the 339 buildings in the PL15 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £125,429 for 2 bedroom Leasehold flats (699 ft2) to £138,508 for 3 bedroom Leasehold flats (1,033 ft2) .
Monthly rental prices range from £591 pcm for 2 bed flats to £621 pcm for 3 bed flats.
The gross rental yield is between 5.4% and 5.7%.
The average value per square foot is £157.
The current average value in the building is £131,969.
The Penscombe Cross Lezant Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.9% | £131,969 |
| May 2025 | -1.5% | £127,002 |
| May 2024 | -0.4% | £128,916 |
| May 2023 | 0.4% | £129,418 |
| May 2022 | 6.9% | £128,888 |
| May 2021 | 9.1% | £120,539 |
| May 2020 | 1% | £110,479 |
| May 2019 | -0.1% | £109,378 |
| May 2018 | 3.8% | £109,488 |
| May 2017 | 2.1% | £105,456 |
| May 2016 | 1.9% | £103,249 |
| May 2015 | 2.5% | £101,304 |
| May 2014 | 2.2% | £98,806 |
| May 2013 | -0.2% | £96,658 |
| May 2012 | -2.2% | £96,852 |
| May 2011 | -0.5% | £99,065 |
| May 2010 | 4.1% | £99,519 |
| May 2009 | -11.8% | £95,618 |
| May 2008 | -2.3% | £108,353 |
| May 2007 | 0% | £110,957 |
The current average rental value in the building is £606.
The Penscombe Cross Lezant Rental Market has increased by 39.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.9% | £606pcm |
| May 2025 | 4.6% | £578pcm |
| May 2024 | 5% | £553pcm |
| May 2023 | 2.3% | £526pcm |
| May 2022 | 9.3% | £514pcm |
| May 2021 | 4.6% | £471pcm |
| May 2020 | 3.2% | £450pcm |
| May 2019 | -0.9% | £436pcm |
| May 2018 | 0.5% | £440pcm |
| May 2017 | 0.8% | £438pcm |
| May 2016 | 1.3% | £434pcm |
| May 2015 | 0.9% | £428pcm |
| May 2014 | 2.7% | £424pcm |
| May 2013 | -0.6% | £413pcm |
| May 2012 | -0.4% | £416pcm |
| May 2011 | 1.5% | £417pcm |
| May 2010 | 3.1% | £411pcm |
| May 2009 | -10% | £399pcm |
| May 2008 | 5.4% | £443pcm |
| May 2007 | 0% | £420pcm |
The closest station to Penscombe Cross, Lezant, Launceston, PL15 9PT is Gunnislake station which is 11.9 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Penscombe Cross, Lezant, Launceston, PL15 9PT, 57.7% of property is privately owned outright and 25.2% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Penscombe Cross, Lezant, Launceston, PL15 9PT, 16.8% of residents are recorded as possessing school level qualifications and 36.4% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Penscombe Cross, Lezant, Launceston, PL15 9PT, the average age was 49.4 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Penscombe Cross, Lezant, Launceston, PL15 9PT, 0.7% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Penscombe Cross, Lezant, Launceston, PL15 9PT, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.