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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.
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.
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.
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%.
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.
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.
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.
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.
From 22, Riverside Mills, Launceston, the nearest station is Gunnislake, 17.4 kilometres away.
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.
The flood risk here is rated high, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Riverside Mills, Launceston, 36.9% of property is privately owned outright and 33.0% 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 22, Riverside Mills, Launceston, 14.4% of residents are recorded as possessing school level qualifications and 24.7% 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 22, Riverside Mills, 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 22, Riverside Mills, 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 22, Riverside Mills, Launceston, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.