16, Riverside Mills
16, Riverside Mills
Description & Estimates
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.
Our Data Sources
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.
Price Range & Condition
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.
Recent Market Change
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%.
Energy Efficiency
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.
Sold Prices
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.
- Sold Mar 2024£129,000
- Sold Apr 2007£135,000
Similar Properties Sold Nearby
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.
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Location Comparison
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.
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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
More reading links
Public Transport Nearby
Gunnislake station is the nearest stop to 16, Riverside Mills, Launceston at 17.4 kilometres away.
- 17.4kmGunnislake
- 19.5kmCalstock
- 21.0kmBere Alston
Available Internet Speeds
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.
Risk of Flooding
Environment Agency data suggests this area has a high risk of flooding.
