18, Riverside Mills
18, Riverside Mills
Description & Estimates
According to the public record, 18, Riverside Mills, Launceston is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Riverside Mills, Launceston is £130,352 and the estimated rental value is £557 per month.
Riverside Mills, Launceston, PL15 is located within the PL15 postal district.
Our Data Sources
18, Riverside Mills, Launceston has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated August 2024.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Riverside Mills, Launceston is in very good condition we estimate a sale value of £136,870 and a rental value of £585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,227 and a rental value of £518 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Riverside Mills, Launceston has grown by £4,503 (3.5%), while its estimated rental value has climbed by £25 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
18, 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.
Sold Prices
According to HM Land Registry, 18, Riverside Mills, Launceston was last sold on 24th June 2022 for £112,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2022, the market for similar properties has risen by 12.3%.
- Sold Jun 2022£112,000
- Sold Nov 2006£135,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Riverside Mills, Launceston within a radius of 830 metres over the last 2 years.
The most recent example is 4 Troodes Mill, Riverside, Launceston, PL15 8WH, a leasehold flat which sold for £130,000 on the 24th May 2024.
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
Riverside Mills, Launceston, PL15 has a total of 21 addresses. According to our analysis of all the public data, 18, Riverside Mills, Launceston is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in PL15.
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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
The closest station to 18, Riverside Mills, Launceston is Gunnislake station, which is 17.4 kilometres away.
- 17.4kmGunnislake
- 19.5kmCalstock
- 21.0kmBere Alston
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be high.
