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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Kings Meadow, Launceston is £342,134 and its rental estimate is £1,228 per month, given the available information and assuming reasonable condition.
Kings Meadow, Launceston, PL15 falls within the PL15 postal district.
8, Kings Meadow, Launceston has no records in the the Land Registry and a single entry in the EPC database dated November 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8, Kings Meadow, Launceston, we estimate a market value of £359,240 and a rental value of £1,290 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £318,184 and £1,142 per month respectively.
Over the last year, 8, Kings Meadow, Launceston has seen its estimated sale value rise by £11,321 (3.3%) and its estimated rental value move up by £60 per month (4.9%). This results in an estimated gross rental yield of 4.3%.
8, Kings Meadow, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Over the past 2 years 3 properties similar to 8, Kings Meadow, Launceston have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd April 2022, was 8, Windmill Park, Launceston, PL15 9GZ, a freehold house which sold for £371,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Kings Meadow, Launceston, PL15, 8, Kings Meadow, Launceston comes out as the largest and the 5th most expensive in our analysis of the public data.
It is also £34k more expensive than the average property across the PL15 district.
From 8, Kings Meadow, Launceston, the nearest station is Gunnislake, 16.2 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Kings Meadow, Launceston, 49.8% of property is privately owned outright and 22.2% 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 8, Kings Meadow, Launceston, 20.2% of residents are recorded as possessing school level qualifications and 34.5% 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 8, Kings Meadow, 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 8, Kings Meadow, Launceston, 0.8% 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 8, Kings Meadow, Launceston, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.