4, Westgate Mews
4, Westgate Mews
Description & Estimates
4, Westgate Mews, Launceston is recorded publicly as a modern leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Westgate Mews, Launceston is £86,348 and its rental estimate is £476 per month, given the available information and assuming reasonable condition.
Westgate Mews, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
4, Westgate Mews, Launceston has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 4, Westgate Mews, Launceston, we estimate a market value of £90,666 and a rental value of £500 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £80,304 and £443 per month respectively.
Recent Market Change
Over the last year, 4, Westgate Mews, Launceston has seen its estimated sale value grow by £2,983 (3.5%) and its estimated rental value climb by £22 per month (4.6%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
4, Westgate Mews, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 4, Westgate Mews, Launceston completed on 12th May 2022 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 38.7% over the period since May 2022.
- Sold May 2022£80,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Westgate Mews, Launceston have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th November 2024, was 12, Westgate Mews, Launceston, PL15 7AZ, a leasehold flat which sold for £83,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 24 addresses on Westgate Mews, Launceston, PL15, 4, Westgate Mews, Launceston comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £222k less expensive than the average property across the PL15 district.
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Schools Nearby
- 200mWindmill Hill Academy
- 1.1kmSt Catherine's CofE Primary School
- 1.1kmLaunceston Primary School
- 800mLaunceston College
- 14.8kmCallington Community College
- 18.0kmTavistock College
More reading links
Public Transport Nearby
From 4, Westgate Mews, Launceston, the nearest station is Gunnislake, 16.7 kilometres away.
- 16.7kmGunnislake
- 18.8kmCalstock
- 20.2kmBere Alston
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
