5, Southernhaye
5, Southernhaye
Description & Estimates
5, Southernhaye, Launceston is recorded publicly as a mid-century leasehold apartment across 1,011 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 5, Southernhaye, Launceston is £132,037 and its rental estimate is £610 per month, given the available information and assuming reasonable condition.
Southernhaye, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
5, Southernhaye, Launceston has 2 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, Southernhaye, Launceston, we estimate a market value of £138,639 and a rental value of £640 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £122,794 and £567 per month respectively.
Recent Market Change
Over the last year, 5, Southernhaye, Launceston has seen its estimated sale value move up by £4,786 (3.6%) and its estimated rental value increase by £28 per month (4.6%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
5, Southernhaye, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 5, Southernhaye, Launceston completed on 7th June 2022 at £149,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 15.8% over the period since June 2022.
- Sold Jun 2022£149,950
- Sold Jul 2010£95,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Southernhaye, Launceston have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was Flat 6, Pendruccombe Court, Tavistock Road, Launceston, PL15 9HF, a leasehold flat which sold for £121,000.
Read more about house prices in PL15.
- Sold Nov 2024£121,000 | 3 Bed FlatPendruccombe Court, Tavistock RoadFlat 6, Pendruccombe Court, Tavistock Road, Launceston, PL15 9HF
- Sold Dec 2021£125,000 | 3 Bed FlatTower Street31, Tower Street, Launceston, PL15 8BQ
- Sold Aug 2021£120,000 | 3 Bed FlatSouthernhaye1, Southernhaye, Launceston, PL15 9DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Southernhaye, Launceston, PL15, 5, Southernhaye, Launceston comes out as the largest and the most expensive in our analysis of the public data.
It is also £177k less expensive than the average property across the PL15 district.
More reading links
Schools Nearby
- 100mWindmill Hill Academy
- 800mLaunceston Primary School
- 1.2kmSt Catherine's CofE Primary School
- 600mLaunceston College
- 14.6kmCallington Community College
- 17.7kmTavistock College
More reading links
Public Transport Nearby
From 5, Southernhaye, Launceston, the nearest station is Gunnislake, 16.4 kilometres away.
- 16.4kmGunnislake
- 18.5kmCalstock
- 20.0kmBere 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.
