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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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Public records show 16, Riverside Mills, Launceston to be a modern leasehold apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
16, Riverside Mills, Launceston has an estimated sale value of £126,042 and an estimated rental value of £547 per month, assuming reasonable condition and based on the information available.
Riverside Mills, Launceston, PL15 lies within the PL15 postal district.
16, Riverside Mills, Launceston has 2 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated May 2014.
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.
In very good condition, we estimate 16, Riverside Mills, Launceston would be worth £132,344, with a potential rental value of £574 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £117,219, with a rental value of £508 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, Riverside Mills, Launceston has moved up by £4,354 (3.5%) over the last year. During the same period, its estimated monthly rental value has increased by £25 (4.6%). The property's estimated gross yield is currently 5.2%.
16, Riverside Mills, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
16, Riverside Mills, Launceston last changed hands on 13th March 2024, selling for £129,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 13.5% since March 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 830 metres of 16, Riverside Mills, Launceston across the last 2 years.
Most recently, 5, Riverside Mills, Launceston, PL15 8GX, a leasehold flat, sold at £144,900 on the 3rd November 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 16, Riverside Mills, Launceston as the 18th largest and the 19th most expensive of the 21 addresses on Riverside Mills, Launceston, PL15.
Against the PL15 postcode district average, it is £183k less expensive than the typical property.
Gunnislake station is the nearest stop to 16, Riverside Mills, Launceston at 17.4 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 high risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Riverside Mills, Launceston, 36.9% of property is privately owned outright and 33.0% is privately rented.
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 16, Riverside Mills, Launceston, 14.4% of residents are recorded as possessing school level qualifications and 24.7% 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 16, Riverside Mills, 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 16, Riverside Mills, 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 16, Riverside Mills, Launceston, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
