1, Riverside Mills
1, Riverside Mills
Description & Estimates
1, Riverside Mills, Launceston is described in the public record as a modern house with 538 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Riverside Mills, Launceston is £157,325 and its rental estimate is £751 per month, given the available information and assuming reasonable condition.
Riverside Mills, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
1, Riverside Mills, Launceston has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Riverside Mills, Launceston, we estimate a market value of £165,191 and a rental value of £789 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £146,312 and £699 per month respectively.
Recent Market Change
Over the last year, 1, Riverside Mills, Launceston has seen its estimated sale value climb by £4,697 (3.0%) and its estimated rental value rise by £34 per month (4.5%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
1, Riverside Mills, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Riverside Mills, Launceston have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th March 2025, was 5 Priory Cottages, Launceston, PL15 8JE, a freehold house which sold for £106,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Riverside Mills, Launceston, PL15, 1, Riverside Mills, Launceston comes out as the 14th largest and the 9th most expensive in our analysis of the public data.
It is also £151k less expensive than the average property across the PL15 district.
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Schools Nearby
- 600mSt Stephens Community Academy
- 900mWindmill Hill Academy
- 1.3kmSt Catherine's CofE Primary School
- 1.5kmLaunceston College
- 15.5kmCallington Community College
- 18.7kmTavistock College
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Public Transport Nearby
From 1, Riverside Mills, Launceston, the nearest station is Gunnislake, 17.4 kilometres away.
- 17.4kmGunnislake
- 19.5kmCalstock
- 21.0kmBere Alston
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
