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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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Briarmead, Launceston is recorded publicly as a mid-century freehold house across 947 ft2 of internal area, sitting on a 581 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Briarmead, Launceston is £261,290 and its rental estimate is £1,101 per month, given the available information and assuming reasonable condition.
North Hill, Launceston, PL15 falls within the PL15 postal district.
Briarmead, Launceston has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated April 2023.
We combine this information with that 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 Briarmead, Launceston, we estimate a market value of £274,355 and a rental value of £1,156 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £243,000 and £1,024 per month respectively.
Over the last year, Briarmead, Launceston has seen its estimated sale value grow by £8,646 (3.3%) and its estimated rental value climb by £54 per month (4.9%). This results in an estimated gross rental yield of 5.1%.
HM Land Registry records the plot of land for Briarmead, Launceston as measuring 581 m2.
That makes it the 11th largest plot in the postcode, where 14 of the 19 other houses have recorded plot data.
Briarmead, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Apr 2023.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
The most recent sale of Briarmead, Launceston completed on 29th February 2024 at £250,000 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 dropped by 4.1% over the period since February 2024.
Over the past 2 years 3 properties similar to Briarmead, Launceston have sold within a radius of 6.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd March 2024, was 7, Lynher Way, Launceston, PL15 7PA, a freehold house which sold for £222,500.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 142 addresses on North Hill, Launceston, PL15, Briarmead, Launceston comes out as the 94th largest and the 121st most expensive in our analysis of the public data.
It is also £47k less expensive than the average property across the PL15 district.
From Briarmead, Launceston, the nearest station is Liskeard, 13.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Briarmead, Launceston, 45.5% of property is privately owned outright and 32.6% 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 Briarmead, Launceston, 15.0% of residents are recorded as possessing school level qualifications and 35.4% 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 Briarmead, 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 Briarmead, Launceston, 0.3% 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 Briarmead, 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.
