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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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7, Station Mews, Launceston is recorded publicly as a modern freehold house across 1,539 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Station Mews, Launceston is £352,411 and its rental estimate is £1,340 per month, given the available information and assuming reasonable condition.
Station Mews, Launceston, PL15 falls within the PL15 postal district.
7, Station Mews, Launceston has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated May 2024.
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.
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 7, Station Mews, Launceston, we estimate a market value of £370,032 and a rental value of £1,407 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £327,742 and £1,246 per month respectively.
Over the last year, 7, Station Mews, Launceston has seen its estimated sale value rise by £11,888 (3.4%) and its estimated rental value move up by £60 per month (4.5%). This results in an estimated gross rental yield of 4.6%.
7, Station Mews, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric.
The most recent sale of 7, Station Mews, Launceston completed on 3rd December 2024 at £325,000 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 25.4% over the period since December 2024.
Over the past 2 years 3 properties similar to 7, Station Mews, Launceston have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd September 2024, was 8, Station Mews, Launceston, PL15 8FP, a freehold house which sold for £350,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Station Mews, Launceston, PL15, 7, Station Mews, Launceston comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £44k more expensive than the average property across the PL15 district.
From 7, Station Mews, Launceston, the nearest station is Gunnislake, 17.3 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Station Mews, Launceston, 36.6% of property is socially rented and 29.9% is privately rented.
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 7, Station Mews, Launceston, 17.5% of residents are recorded as possessing school level qualifications and 23.9% 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 7, Station Mews, 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 7, Station Mews, 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 7, Station Mews, Launceston, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
