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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Chapel Close, Launceston is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,537 ft2 of internal area and sits on a 90.7 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Chapel Close, Launceston is £423,963 and the estimated rental value is £1,367 per month.
Chapel Close, Launceston, PL15 is located within the PL15 postal district.
1, Chapel Close, Launceston has a single entry in the Land Registry from June 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Chapel Close, Launceston is in very good condition we estimate a sale value of £445,161 and a rental value of £1,435 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,286 and a rental value of £1,271 per month.
Over the last 12 months the sale value of 1 Chapel Close Launceston has increased by an estimated £11,916 (2.8%) and its rental value has increased by an estimated £42 per month (3.1%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 1, Chapel Close, Launceston sits on a plot of 91m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, Chapel Close, Launceston sits on the 4th largest plot.
According to HM Land Registry, 1, Chapel Close, Launceston was last sold on 22nd June 2017 for £313,900 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2017, the market for similar properties has risen 54.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chapel Close, Launceston within a radius of 770 metres over the last 2 years.
The most recent example is 4, Chapel Close, Launceston, PL15 7FL, a freehold house which sold for £415,000 on the 10th December 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Close, Launceston, PL15 has a total of 4 addresses. According to our analysis of all the public data, 1, Chapel Close, Launceston is the largest and the most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in PL15.
The closest station to 1, Chapel Close, Launceston is Gunnislake station which is 16.6 kilometres away.
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 1, Chapel Close, Launceston, 28.0% of property is socially rented and 26.1% is privately owned outright.
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 1, Chapel Close, Launceston, 16.5% of residents are recorded as possessing school level qualifications and 18.7% 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 1, Chapel Close, Launceston, the average age was 41.6 and the most common age was 57.
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 1, Chapel Close, Launceston, 0.0% 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 1, Chapel Close, Launceston, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
