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According to the public record, Blacksmiths Cottage, Launceston is a period freehold house with 1,054 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Blacksmiths Cottage, Launceston is £317,761 and the estimated rental value is £1,121 per month.
Trebullett, Launceston, PL15 is located within the PL15 postal district.
Blacksmiths Cottage, Launceston has 41 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated May 2018.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Blacksmiths Cottage, Launceston is in very good condition we estimate a sale value of £333,649 and a rental value of £1,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,518 and a rental value of £1,042 per month.
Over the last 12 months the sale value of Blacksmiths Cottage Launceston has increased by an estimated £11,860 (3.7%) and its rental value has increased by an estimated £43 per month (3.8%), giving an expected gross yield of 4.2%.
Blacksmiths Cottage, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Blacksmiths Cottage, Launceston was last sold on 9th December 2014 for £115,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since December 2014, the market for similar properties has risen 36.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Blacksmiths Cottage, Launceston within a radius of 5.3 kilometres over the last 2 years.
The most recent example is 4 Greenbank, Launceston, PL15 9QA, a freehold house which sold for £240,000 on the 6th July 2018.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trebullett, Launceston, PL15 has a total of 67 addresses. According to our analysis of all the public data, Blacksmiths Cottage, Launceston is the 47th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in PL15.
The closest station to Blacksmiths Cottage, Launceston is Gunnislake station which is 12.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Blacksmiths Cottage, Launceston, 66.1% of property is privately owned outright and 20.5% 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 Blacksmiths Cottage, Launceston, 10.5% of residents are recorded as possessing school level qualifications and 33.2% 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 Blacksmiths Cottage, Launceston, the average age was 49.4 and the most common age was 72.
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 Blacksmiths Cottage, Launceston, 0.4% 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 Blacksmiths Cottage, Launceston, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.