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According to the public record, 2, Wheatfield Close, Launceston is a modern freehold house with 1,216 ft2 of internal area.
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, Wheatfield Close, Launceston is £292,030 and the estimated rental value is £1,214 per month.
Wheatfield Close, Launceston, PL15 is located within the PL15 postal district.
2, Wheatfield Close, Launceston has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Wheatfield Close, Launceston is in very good condition we estimate a sale value of £306,631 and a rental value of £1,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,588 and a rental value of £1,129 per month.
Over the last 12 months the sale value of 2 Wheatfield Close Launceston has increased by an estimated £10,900 (3.7%) and its rental value has increased by an estimated £46 per month (3.8%), giving an expected gross yield of 5%.
2, Wheatfield Close, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Wheatfield Close, Launceston was last sold on 30th April 2021 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wheatfield Close, Launceston within a radius of 900 metres over the last 2 years.
The most recent example is 1, Outer Slip Drive, Launceston, PL15 9GJ, a freehold house which sold for £273,000 on the 4th October 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatfield Close, Launceston, PL15 has a total of 4 addresses. According to our analysis of all the public data, 2, Wheatfield Close, Launceston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in PL15.
The closest station to 2, Wheatfield Close, Launceston is Gunnislake station which is 15.7 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, Wheatfield Close, Launceston, % of property is and % is .
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, Wheatfield Close, Launceston, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Wheatfield Close, 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, Wheatfield Close, Launceston, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.