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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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According to the public record, 4, Pedlars Close, Launceston is a modern freehold house with 1,388 ft2 of internal area and sits on a 507 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Pedlars Close, Launceston is £370,309 and the estimated rental value is £1,312 per month.
Pedlars Close, Petherwin Gate, Launceston, PL15 is located within the PL15 postal district.
4, Pedlars Close, Launceston has 41 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 4, Pedlars Close, Launceston is in very good condition we estimate a sale value of £388,825 and a rental value of £1,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,388 and a rental value of £1,220 per month.
Over the last 12 months the sale value of 4 Pedlars Close Launceston has increased by an estimated £12,492 (3.4%) and its rental value has increased by an estimated £59 per month (4.5%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 4, Pedlars Close, Launceston sits on a plot of 507m2.
We have plot size data on 8 out of 8 other houses in the postcode and 4, Pedlars Close, Launceston sits on the 3rd largest plot.
4, Pedlars Close, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Pedlars Close, Launceston was last sold on 18th October 2019 for £300,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since October 2019, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Pedlars Close, Launceston within a radius of 5.8 kilometres over the last 2 years.
The most recent example is 22, Mayna Parc, Launceston, PL15 8PZ, a freehold house which sold for £270,000 on the 16th August 2021.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pedlars Close, Petherwin Gate, Launceston, PL15 has a total of 8 addresses. According to our analysis of all the public data, 4, Pedlars Close, Launceston is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in PL15.
The closest station to 4, Pedlars Close, Launceston is Gunnislake station which is 23.4 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 4, Pedlars Close, Launceston, 56.1% of property is privately owned outright and 24.6% 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 4, Pedlars Close, Launceston, 13.9% of residents are recorded as possessing school level qualifications and 30.9% 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 4, Pedlars Close, Launceston, the average age was 45.7 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 4, Pedlars Close, Launceston, 0.2% 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 4, Pedlars Close, 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.
