Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Public records show 12, Penworth Close, Launceston to be a modern freehold house with 1,463 ft2 of internal area, sitting on a 246 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
12, Penworth Close, Launceston has an estimated sale value of £313,103 and an estimated rental value of £1,272 per month, assuming reasonable condition and based on the information available.
Penworth Close, Launceston, PL15 lies within the PL15 postal district.
12, Penworth Close, Launceston has 31 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 12, Penworth Close, Launceston would be worth £328,758, with a potential rental value of £1,336 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £291,186, with a rental value of £1,183 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 12, Penworth Close, Launceston has moved up by £10,562 (3.4%) over the last year. During the same period, its estimated monthly rental value has increased by £57 (4.5%). The property's estimated gross yield is currently 4.9%.
12, Penworth Close, Launceston occupies a 246 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 15th largest.
12, Penworth Close, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
12, Penworth Close, Launceston last changed hands on 19th March 2024, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 44.2% since March 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 12, Penworth Close, Launceston across the last 2 years.
Most recently, Beckenreid, Tavistock Road, Launceston, PL15 9HE, a freehold house, sold at £555,000 on the 8th June 2022.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 12, Penworth Close, Launceston as the 2nd largest and the 8th most expensive of the 21 addresses on Penworth Close, Launceston, PL15.
Against the PL15 postcode district average, it is £5k more expensive than the typical property.
Gunnislake station is the nearest stop to 12, Penworth Close, Launceston at 16.4 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Penworth Close, Launceston, 46.6% of property is privately rented and 33.1% 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 12, Penworth Close, Launceston, 9.1% of residents are recorded as possessing school level qualifications and 28.5% 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 12, Penworth 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 12, Penworth Close, Launceston, 1.8% 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 12, Penworth Close, Launceston, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
