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According to the public record, 2, The Cleaves, Launceston is a modern freehold house with 1,119 ft2 of internal area and sits on a 313 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Cleaves, Launceston is £286,854 and the estimated rental value is £1,166 per month.
The Cleaves, Launceston, PL15 is located within the PL15 postal district.
2, The Cleaves, Launceston has 21 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated June 2013.
We combine this information with that 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.
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, The Cleaves, Launceston is in very good condition we estimate a sale value of £301,197 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,775 and a rental value of £1,084 per month.
Over the last 12 months the sale value of 2 The Cleaves Launceston has increased by an estimated £9,492 (3.3%) and its rental value has increased by an estimated £57 per month (4.9%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 2, The Cleaves, Launceston sits on a plot of 313m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, The Cleaves, Launceston sits on the 2nd largest plot.
2, The Cleaves, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2013.
The property is not 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, The Cleaves, Launceston was last sold on 2nd July 2014 for £195,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2014, the market for similar properties has risen 145.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Cleaves, Launceston within a radius of 950 metres over the last 2 years.
The most recent example is 1, Cleaverfield Mews, Launceston, PL15 8DD, a freehold house which sold for £168,000 on the 23rd January 2015.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cleaves, Launceston, PL15 has a total of 3 addresses. According to our analysis of all the public data, 2, The Cleaves, Launceston is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in PL15.
The closest station to 2, The Cleaves, Launceston is Gunnislake station which is 17.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Cleaves, Launceston, 31.8% of property is socially rented and 25.0% is privately owned with a mortgage.
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, The Cleaves, Launceston, 22.8% of residents are recorded as possessing school level qualifications and 22.5% 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, The Cleaves, 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, The Cleaves, 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, The Cleaves, Launceston, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.