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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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3 Pillar Barn, Launceston is recorded publicly as a period freehold house across 419 ft2 of internal area, sitting on a 78.8 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3 Pillar Barn, Launceston is £167,338 and its rental estimate is £703 per month, given the available information and assuming reasonable condition.
Daws House, Launceston, PL15 falls within the PL15 postal district.
3 Pillar Barn, Launceston has 2 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated April 2023.
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.
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 3 Pillar Barn, Launceston, we estimate a market value of £175,705 and a rental value of £738 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £155,624 and £654 per month respectively.
Over the last year, 3 Pillar Barn, Launceston has seen its estimated sale value move up by £4,996 (3.0%) and its estimated rental value increase by £31 per month (4.5%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 3 Pillar Barn, Launceston as measuring 79 m2.
That makes it the 7th largest plot in the postcode, where 7 of the 14 other houses have recorded plot data.
3 Pillar Barn, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 3 Pillar Barn, Launceston completed on 7th June 2024 at £120,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 11.8% over the period since June 2024.
Over the past 2 years 2 properties similar to 3 Pillar Barn, Launceston have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 1 Pillar Barn, Launceston, PL15 7JG, 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 55 addresses on Daws House, Launceston, PL15, 3 Pillar Barn, Launceston comes out as the 54th largest and the 52nd most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the PL15 district.
From 3 Pillar Barn, Launceston, the nearest station is Gunnislake, 16.2 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Pillar Barn, Launceston, 56.2% of property is privately owned outright and 23.9% 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 3 Pillar Barn, Launceston, 10.2% of residents are recorded as possessing school level qualifications and 30.8% 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 3 Pillar Barn, Launceston, the average age was 49.4 and the most common age was 72.
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 3 Pillar Barn, 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 3 Pillar Barn, Launceston, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
