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According to the public record, 4, Station Mews, Launceston is a modern freehold house with 1,539 ft2 of internal area.
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, Station Mews, Launceston is £352,051 and the estimated rental value is £1,338 per month.
Station Mews, Launceston, PL15 is located within the PL15 postal district.
4, Station Mews, Launceston has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated September 2022.
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, Station Mews, Launceston is in very good condition we estimate a sale value of £369,654 and a rental value of £1,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,408 and a rental value of £1,245 per month.
Over the past 12 months, the estimated sale value of 4, Station Mews, Launceston has increased by £11,876 (3.4%), while its estimated rental value has grown by £60 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 4.6%.
4, Station Mews, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
According to HM Land Registry, 4, Station Mews, Launceston was last sold on 16th December 2022 for £353,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen by 19.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Station Mews, Launceston within a radius of 780 metres over the last 2 years.
The most recent example is 7, Station Mews, Launceston, PL15 8FP, a freehold house which sold for £325,000 on the 3rd December 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Mews, Launceston, PL15 has a total of 8 addresses. According to our analysis of all the public data, 4, Station Mews, Launceston is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in PL15.
The closest station to 4, Station Mews, 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 4, Station Mews, 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, Station Mews, 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, Station Mews, 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, Station Mews, 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, Station Mews, 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.