14, Riverside Mills
14, Riverside Mills
Description & Estimates
14, Riverside Mills, Launceston is recorded publicly as a modern leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 14, Riverside Mills, Launceston is £113,837 and its rental estimate is £512 per month, given the available information and assuming reasonable condition.
Riverside Mills, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
14, Riverside Mills, Launceston has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated January 2023.
We combine this information with that 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 14, Riverside Mills, Launceston, we estimate a market value of £119,529 and a rental value of £538 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £105,868 and £476 per month respectively.
Recent Market Change
Over the last year, 14, Riverside Mills, Launceston has seen its estimated sale value climb by £3,933 (3.5%) and its estimated rental value rise by £23 per month (4.6%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
14, Riverside Mills, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 14, Riverside Mills, Launceston completed on 26th June 2007 at £119,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 26.3% over the period since June 2007.
- Sold Jun 2007£119,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Riverside Mills, Launceston have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th June 2023, was 5 Northgate Mews, Northgate Street, Launceston, PL15 8BB, a leasehold flat which sold for £113,000.
Read more about house prices in PL15.
- Sold Jun 2023£113,000 | 1 Bed FlatNorthgate Street5 Northgate Mews, Northgate Street, Launceston, PL15 8BB
- Sold Feb 2021£142,000 | 2 Bed FlatChurch Stile, Church StileStudio A, Church Stile, Church Stile, Launceston, PL15 8AT
- Sold Nov 2020£138,000 | 1 Bed Flat4B, Market StreetFlat, 4B, Market Street, Launceston, PL15 8EP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Riverside Mills, Launceston, PL15, 14, Riverside Mills, Launceston comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £195k less expensive than the average property across the PL15 district.
More reading links
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
More reading links
Public Transport Nearby
From 14, 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 high, based on Environment Agency data.
