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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, 40, Race Hill, Launceston is a period freehold house with 1,399 ft2 of internal area and sits on a 196 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 40, Race Hill, Launceston is £219,062 and the estimated rental value is £953 per month.
Race Hill, Launceston, PL15 is located within the PL15 postal district.
40, Race Hill, Launceston has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated April 2022.
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.
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 40, Race Hill, Launceston is in very good condition we estimate a sale value of £230,015 and a rental value of £1,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,727 and a rental value of £887 per month.
Over the last 12 months the sale value of 40 Race Hill Launceston has increased by an estimated £6,157 (2.8%) and its rental value has increased by an estimated £30 per month (3.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 40, Race Hill, Launceston sits on a plot of 196m2.
We have plot size data on 12 out of 14 other houses in the postcode and 40, Race Hill, Launceston sits on the 6th largest plot.
40, Race Hill, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2022.
The property is connected to mains gas and has multiple glazing throughout. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Race Hill, Launceston was last sold on 22nd August 2022 for £255,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2022, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Race Hill, Launceston within a radius of 730 metres over the last 2 years.
The most recent example is 19, Tavistock Road, Launceston, PL15 9HF, a freehold house which sold for £225,500 on the 18th August 2022.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Race Hill, Launceston, PL15 has a total of 53 addresses. According to our analysis of all the public data, 40, Race Hill, Launceston is the 7th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in PL15.
The closest station to 40, Race Hill, Launceston is Gunnislake station which is 16.4 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 40, Race Hill, Launceston, 35.0% of property is socially rented and 23.9% 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 40, Race Hill, Launceston, 24.9% of residents are recorded as possessing school level qualifications and 26.1% 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 40, Race Hill, 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 40, Race Hill, 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 40, Race Hill, Launceston, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
