5, Station Mews
5, Station Mews
Description & Estimates
5, Station Mews, Launceston appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,406 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 5, Station Mews, Launceston is £335,753 and its rental estimate is £1,313 per month, given the available information and assuming reasonable condition.
Station Mews, Launceston, PL15 falls within the PL15 postal district.
Our Data Sources
5, Station Mews, Launceston has a single entry in the Land Registry from January 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 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 5, Station Mews, Launceston, we estimate a market value of £352,541 and a rental value of £1,378 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,250 and £1,221 per month respectively.
Recent Market Change
Over the last year, 5, Station Mews, Launceston has seen its estimated sale value grow by £11,326 (3.4%) and its estimated rental value climb by £59 per month (4.5%). This results in an estimated gross rental yield of 4.7%.
Sold Prices
The most recent sale of 5, Station Mews, Launceston completed on 4th January 2024 at £355,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 24.9% over the period since January 2024.
- Sold Jan 2024£355,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Station Mews, Launceston have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd December 2024, was 7, Station Mews, Launceston, PL15 8FP, a freehold house which sold for £325,000.
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 8 addresses on Station Mews, Launceston, PL15, 5, Station Mews, Launceston comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £27k more expensive than the average property across the PL15 district.
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Schools Nearby
- 700mSt Stephens Community Academy
- 800mWindmill Hill Academy
- 1.2kmSt Catherine's CofE Primary School
- 1.4kmLaunceston College
- 15.4kmCallington Community College
- 18.6kmTavistock College
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Public Transport Nearby
From 5, Station Mews, Launceston, the nearest station is Gunnislake, 17.3 kilometres away.
- 17.3kmGunnislake
- 19.4kmCalstock
- 20.8kmBere Alston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
