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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, 5, Chapel Gate, Launceston is a modern freehold house with 1,140 ft2 of internal area and sits on a 236 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Chapel Gate, Launceston is £315,156 and the estimated rental value is £1,202 per month.
Chapel Gate, Launceston, PL15 is located within the PL15 postal district.
5, Chapel Gate, Launceston has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated March 2021.
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 5, Chapel Gate, Launceston is in very good condition we estimate a sale value of £330,914 and a rental value of £1,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,095 and a rental value of £1,118 per month.
Over the last 12 months the sale value of 5 Chapel Gate Launceston has increased by an estimated £11,763 (3.7%) and its rental value has increased by an estimated £46 per month (3.8%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 5, Chapel Gate, Launceston sits on a plot of 236m2.
We have plot size data on 10 out of 11 other houses in the postcode and 5, Chapel Gate, Launceston sits on the 5th largest plot.
5, Chapel Gate, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Chapel Gate, Launceston was last sold on 25th March 2021 for £264,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Chapel Gate, Launceston within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 7, Chapel Gate, Launceston, PL15 7FX, a freehold house which sold for £275,000 on the 5th July 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Gate, Launceston, PL15 has a total of 11 addresses. According to our analysis of all the public data, 5, Chapel Gate, Launceston is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in PL15.
The closest station to 5, Chapel Gate, Launceston is Gunnislake station which is 16.9 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 5, Chapel Gate, Launceston, 55.0% of property is privately owned outright and 26.9% 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 5, Chapel Gate, Launceston, 14.9% of residents are recorded as possessing school level qualifications and 31.9% 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 5, Chapel Gate, Launceston, the average age was 49.4 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 5, Chapel Gate, Launceston, 0.6% 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 5, Chapel Gate, Launceston, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
