2 Grove Park, Launceston
2 Grove Park, Launceston
Description & Estimates
2 Grove Park, Launceston is described in the public record as a period house with 871 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2 Grove Park, Launceston is £327,015 and its rental estimate is £1,036 per month, given the available information and assuming reasonable condition.
Werrington, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
2 Grove Park, Launceston has no records in the the Land Registry and a single entry in the EPC database dated April 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Grove Park, Launceston, we estimate a market value of £343,366 and a rental value of £1,087 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £304,124 and £963 per month respectively.
Recent Market Change
Over the last year, 2 Grove Park, Launceston has seen its estimated sale value increase by £10,821 (3.3%) and its estimated rental value grow by £50 per month (4.9%). This results in an estimated gross rental yield of 3.8%.
Energy Efficiency
2 Grove Park, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Grove Park, Launceston have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd June 2020, was Faunson Cottage, Launceston, PL15 8TL, a freehold house which sold for £255,000.
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 67 addresses on Werrington, Launceston, PL15, 2 Grove Park, Launceston comes out as the 38th largest and the 27th most expensive in our analysis of the public data.
It is also £18k more expensive than the average property across the PL15 district.
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Schools Nearby
- 600mWerrington Community Primary School
- 3.0kmSt Stephens Community Academy
- 3.9kmBoyton Community Primary School
- 5.1kmLaunceston College
- 15.8kmHolsworthy Community College
- 19.0kmCallington Community College
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Public Transport Nearby
From 2 Grove Park, Launceston, the nearest station is Gunnislake, 20.9 kilometres away.
- 20.9kmGunnislake
- 23.0kmCalstock
- 24.4kmBere Alston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
