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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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According to the public record, 3 Troodes Mill, Riverside, Launceston is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 Troodes Mill, Riverside, Launceston is £149,380 and the estimated rental value is £589 per month.
Riverside, Launceston, PL15 is located within the PL15 postal district.
3 Troodes Mill, Riverside, Launceston has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated February 2024.
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.
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 3 Troodes Mill, Riverside, Launceston is in very good condition we estimate a sale value of £156,849 and a rental value of £619 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,923 and a rental value of £548 per month.
Over the last 12 months the sale value of 3 Troodes Mill Riverside Launceston has increased by an estimated £6,610 (4.4%) and its rental value has increased by an estimated £26 per month (4.4%), giving an expected gross yield of 4.7%.
3 Troodes Mill, Riverside, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 3 Troodes Mill, Riverside, Launceston was last sold on 31st March 2016 for £105,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen 50.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Troodes Mill, Riverside, Launceston within a radius of 780 metres over the last 2 years.
The most recent example is 20, Riverside Mills, Launceston, PL15 8GX, a leasehold flat which sold for £163,000 on the 30th March 2026.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside, Launceston, PL15 has a total of 7 addresses. According to our analysis of all the public data, 3 Troodes Mill, Riverside, Launceston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in PL15.
The closest station to 3 Troodes Mill, Riverside, Launceston is Gunnislake station which is 17.3 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 3 Troodes Mill, Riverside, Launceston, 36.6% of property is socially rented and 29.9% 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 3 Troodes Mill, Riverside, Launceston, 17.5% of residents are recorded as possessing school level qualifications and 23.9% 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 Troodes Mill, Riverside, 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 3 Troodes Mill, Riverside, 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 Troodes Mill, Riverside, Launceston, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
