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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, Windmill Park, Launceston is £371,467 and the estimated rental value is £1,279 per month.
Windmill Park, Launceston, PL15 is located within the PL15 postal district.
2, Windmill Park, Launceston has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Windmill Park, Launceston is in very good condition we estimate a sale value of £390,041 and a rental value of £1,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,465 and a rental value of £1,189 per month.
Over the last 12 months the sale value of 2 Windmill Park Launceston has increased by an estimated £13,864 (3.7%) and its rental value has increased by an estimated £49 per month (3.8%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, Windmill Park, Launceston sits on a plot of 317m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Windmill Park, Launceston sits on the 7th largest plot.
2, Windmill Park, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Feb 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, Windmill Park, Launceston was last sold on 28th April 2021 for £327,500 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 60.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Windmill Park, Launceston within a radius of 710 metres over the last 2 years.
The most recent example is 8, Windmill Park, Launceston, PL15 9GZ, a freehold house which sold for £371,000 on the 22nd April 2022.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windmill Park, Launceston, PL15 has a total of 9 addresses. According to our analysis of all the public data, 2, Windmill Park, Launceston is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in PL15.
The closest station to 2, Windmill Park, Launceston is Gunnislake station which is 16.2 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, Windmill Park, Launceston, 49.8% of property is privately owned outright and 22.2% 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, Windmill Park, Launceston, 20.2% of residents are recorded as possessing school level qualifications and 34.5% 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, Windmill Park, 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, Windmill Park, Launceston, 0.8% 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, Windmill Park, 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.