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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
According to the public record, 4 Troodes Mill, Riverside, Launceston is a modern leasehold apartment with 559 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 4 Troodes Mill, Riverside, Launceston is £139,754 and the estimated rental value is £570 per month.
Riverside, Launceston, PL15 is located within the PL15 postal district.
4 Troodes Mill, Riverside, Launceston has 4 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated March 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 4 Troodes Mill, Riverside, Launceston is in very good condition we estimate a sale value of £146,742 and a rental value of £599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,971 and a rental value of £530 per month.
Over the last 12 months the sale value of 4 Troodes Mill Riverside Launceston has increased by an estimated £6,184 (4.4%) and its rental value has increased by an estimated £25 per month (4.4%), giving an expected gross yield of 4.9%.
4 Troodes Mill, Riverside, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 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, 4 Troodes Mill, Riverside, Launceston was last sold on 24th May 2024 for £130,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2024, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Troodes Mill, Riverside, Launceston within a radius of 780 metres over the last 2 years.
The most recent example is 5, Riverside Mills, Launceston, PL15 8GX, a leasehold flat which sold for £144,900 on the 3rd November 2022.
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, 4 Troodes Mill, Riverside, Launceston is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in PL15.
The closest station to 4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4 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 4 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 4 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 4 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 4 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.
