22, Riverside Mills
22, Riverside Mills
Description & Estimates
22, Riverside Mills, Launceston is recorded publicly as a modern leasehold house across 398 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 22, Riverside Mills, Launceston is £134,817 and its rental estimate is £644 per month, given the available information and assuming reasonable condition.
Riverside Mills, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
22, Riverside Mills, Launceston has 21 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated November 2008.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 22, Riverside Mills, Launceston, we estimate a market value of £141,558 and a rental value of £676 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,380 and £599 per month respectively.
Recent Market Change
Over the last year, 22, Riverside Mills, Launceston has seen its estimated sale value grow by £4,025 (3.0%) and its estimated rental value climb by £29 per month (4.5%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
22, Riverside Mills, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 22, Riverside Mills, Launceston completed on 30th August 2013 at £151,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 84.7% over the period since August 2013.
- Sold Aug 2013£151,000
- Sold Sep 2006£151,960
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 22, Riverside Mills, Launceston have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2024, was 1, Higher Cleaverfield, Launceston, PL15 8EB, a freehold house which sold for £145,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Riverside Mills, Launceston, PL15, 22, Riverside Mills, Launceston comes out as the 20th largest and the 15th most expensive in our analysis of the public data.
It is also £174k less expensive than the average property across the PL15 district.
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Schools Nearby
- 600mSt Stephens Community Academy
- 900mWindmill Hill Academy
- 1.3kmSt Catherine's CofE Primary School
- 1.5kmLaunceston College
- 15.5kmCallington Community College
- 18.7kmTavistock College
More reading links
Public Transport Nearby
From 22, Riverside Mills, Launceston, the nearest station is Gunnislake, 17.4 kilometres away.
- 17.4kmGunnislake
- 19.5kmCalstock
- 21.0kmBere Alston
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
