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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Station Mews, Launceston is a modern freehold house with 1,539 ft2 of internal area.
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, Station Mews, Launceston is £348,441 and the estimated rental value is £1,324 per month.
Station Mews, Launceston, PL15 is located within the PL15 postal district.
2, Station Mews, Launceston has a single entry in the Land Registry from March 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, Station Mews, Launceston is in very good condition we estimate a sale value of £365,863 and a rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,050 and a rental value of £1,232 per month.
Over the last 12 months the sale value of 2 Station Mews Launceston has increased by an estimated £11,754 (3.4%) and its rental value has increased by an estimated £59 per month (4.5%), giving an expected gross yield of 4.6%.
2, Station Mews, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
According to HM Land Registry, 2, Station Mews, Launceston was last sold on 29th March 2022 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Station Mews, Launceston within a radius of 780 metres over the last 2 years.
The most recent example is 7, Station Mews, Launceston, PL15 8FP, a freehold house which sold for £325,000 on the 3rd December 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Mews, Launceston, PL15 has a total of 8 addresses. According to our analysis of all the public data, 2, Station Mews, Launceston is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in PL15.
The closest station to 2, Station Mews, Launceston is Gunnislake station which is 17.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Station Mews, Launceston, 36.6% of property is socially rented and 29.9% is privately rented.
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, Station Mews, Launceston, 17.5% of residents are recorded as possessing school level qualifications and 23.9% 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, Station Mews, 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, Station Mews, Launceston, 0.0% 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, Station Mews, 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.
