4B, Southgate Street
4B, Southgate Street
Description & Estimates
Public records show 4B, Southgate Street, Launceston to be a period leasehold apartment with 1,316 ft2 of internal area.
In this area, apartments of this size normally have 4 bedrooms with a garden.
4B, Southgate Street, Launceston has an estimated sale value of £117,631 and an estimated rental value of £543 per month, assuming reasonable condition and based on the information available.
The apartment sits within 4, Southgate Street, Launceston, PL15.
Southgate Street, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
4B, Southgate Street, Launceston has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated January 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 4B, Southgate Street, Launceston would be worth £123,512, with a potential rental value of £570 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £109,397, with a rental value of £505 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 4B, Southgate Street, Launceston has climbed by £4,558 (3.9%) over the last year. During the same period, its estimated monthly rental value has risen by £31 (5.7%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
4B, Southgate Street, Launceston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 24 Jan 2012.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Sold Prices
4B, Southgate Street, Launceston last changed hands on 31st March 2016, selling for £90,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 164.1% since March 2016.
- Sold Mar 2016£90,000
- Sold Mar 2013£80,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 680 metres of 4B, Southgate Street, Launceston across the last 2 years.
Most recently, 1, High Street, Launceston, PL15 8ER, a leasehold flat, sold at £105,000 on the 21st June 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 4B, Southgate Street, Launceston as the largest and the 4th most expensive of the 16 addresses on Southgate Street, Launceston, PL15.
Against the PL15 postcode district average, it is £191k less expensive than the typical property.
More reading links
Schools Nearby
- 300mWindmill Hill Academy
- 1.1kmLaunceston Primary School
- 1.2kmSt Catherine's CofE Primary School
- 800mLaunceston College
- 14.9kmCallington Community College
- 18.0kmTavistock College
More reading links
Public Transport Nearby
Gunnislake station is the nearest stop to 4B, Southgate Street, Launceston at 16.7 kilometres away.
- 16.7kmGunnislake
- 18.8kmCalstock
- 20.2kmBere Alston
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
