7, Town Mills Close
7, Town Mills Close
Description & Estimates
The public record describes 7, Town Mills Close, Launceston as a modern house with 914 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Town Mills Close, Launceston has an estimated sale value of £221,711 and an estimated rental value of £1,023 per month, assuming reasonable condition and based on the information available.
Town Mills Close, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
7, Town Mills Close, Launceston has no records in the the Land Registry and a single entry in the EPC database dated August 2010.
We combine this information with public data 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
In very good condition, we estimate 7, Town Mills Close, Launceston would be worth £232,796, with a potential rental value of £1,075 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £206,191, with a rental value of £952 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Town Mills Close, Launceston has increased by £7,336 (3.3%) over the last year. During the same period, its estimated monthly rental value has grown by £50 (4.9%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
7, Town Mills Close, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 7, Town Mills Close, Launceston across the last 2 years.
Most recently, 7, Priory Park Road, Launceston, PL15 8JD, a freehold house, sold at £209,950 on the 26th July 2024.
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
Our analysis of the public data ranks 7, Town Mills Close, Launceston as the 2nd largest and the 2nd most expensive of the 8 addresses on Town Mills Close, Launceston, PL15.
Against the PL15 postcode district average, it is £87k less expensive than the typical property.
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Schools Nearby
- 600mSt Stephens Community Academy
- 900mWindmill Hill Academy
- 1.3kmSt Catherine's CofE Primary School
- 1.5kmLaunceston College
- 15.4kmCallington Community College
- 18.7kmTavistock College
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Public Transport Nearby
Gunnislake station is the nearest stop to 7, Town Mills Close, Launceston at 17.4 kilometres away.
- 17.4kmGunnislake
- 19.5kmCalstock
- 20.9kmBere Alston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
