2, Dowr Close
2, Dowr Close
Description & Estimates
2, Dowr Close, Launceston is recorded publicly as a modern Leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Dowr Close, Launceston is £128,132 and its rental estimate is £570 per month, given the available information and assuming reasonable condition.
Dowr Close, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
2, Dowr Close, Launceston has 21 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 2, Dowr Close, Launceston, we estimate a market value of £134,538 and a rental value of £599 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £119,162 and £531 per month respectively.
Recent Market Change
Over the last year, 2, Dowr Close, Launceston has seen its estimated sale value move up by £4,427 (3.5%) and its estimated rental value increase by £26 per month (4.6%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
2, Dowr Close, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 2, Dowr Close, Launceston completed on 21st September 2022 at £135,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 8.7% over the period since September 2022.
- Sold Sep 2022£135,000
- Sold Jan 2003£87,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Dowr Close, Launceston have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2024, was 14, Dowr Close, Launceston, PL15 7BJ, a leasehold flat which sold for £130,000.
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
Of the 20 addresses on Dowr Close, Launceston, PL15, 2, Dowr Close, Launceston comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £180k less expensive than the average property across the PL15 district.
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Schools Nearby
- 500mWindmill Hill Academy
- 600mSt Catherine's CofE Primary School
- 1.0kmLaunceston Primary School
- 700mLaunceston College
- 14.4kmCallington Community College
- 18.0kmTavistock College
More reading links
Public Transport Nearby
From 2, Dowr Close, Launceston, the nearest station is Gunnislake, 16.5 kilometres away.
- 16.5kmGunnislake
- 18.6kmCalstock
- 20.0kmBere Alston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
