Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Penworth Close, Launceston is a modern freehold house with 1,367 ft2 of internal area and sits on a 567 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Penworth Close, Launceston is £387,733 and the estimated rental value is £1,293 per month.
Penworth Close, Launceston, PL15 is located within the PL15 postal district.
2, Penworth Close, Launceston has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated March 2022.
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.
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 2, Penworth Close, Launceston is in very good condition we estimate a sale value of £407,120 and a rental value of £1,358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,592 and a rental value of £1,203 per month.
Over the last 12 months the sale value of 2 Penworth Close Launceston has increased by an estimated £13,080 (3.4%) and its rental value has increased by an estimated £58 per month (4.5%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, Penworth Close, Launceston sits on a plot of 567m2.
We have plot size data on 17 out of 18 other houses in the postcode and 2, Penworth Close, Launceston sits on the 4th largest plot.
2, Penworth Close, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Penworth Close, Launceston was last sold on 18th July 2022 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has risen 42.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Penworth Close, Launceston within a radius of 660 metres over the last 2 years.
The most recent example is 10, Penworth Close, Launceston, PL15 9TG, a freehold house which sold for £405,000 on the 8th February 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penworth Close, Launceston, PL15 has a total of 21 addresses. According to our analysis of all the public data, 2, Penworth Close, Launceston is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in PL15.
The closest station to 2, Penworth Close, Launceston is Gunnislake station which is 16.4 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Penworth Close, Launceston, 46.6% of property is privately rented and 33.1% is privately owned outright.
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 2, Penworth Close, Launceston, 9.1% of residents are recorded as possessing school level qualifications and 28.5% 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 2, Penworth Close, 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 2, Penworth Close, Launceston, 1.8% 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 2, Penworth Close, Launceston, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
