Flat 1, 1
Flat 1, 1
Description & Estimates
The public record describes Flat 1, 1, Southgate Place, Launceston as a period apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 1, Southgate Place, Launceston has an estimated sale value of £142,215 and an estimated rental value of £625 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Southgate Place, Launceston, PL15.
Southgate Place, Launceston, PL15 lies within the PL15 postal district.
Our Data Sources
Flat 1, 1, Southgate Place, Launceston has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data 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 Flat 1, 1, Southgate Place, Launceston would be worth £149,325, with a potential rental value of £657 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £132,260, with a rental value of £582 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 Flat 1, 1, Southgate Place, Launceston has climbed by £5,524 (3.9%) over the last year. During the same period, its estimated monthly rental value has risen by £33 (5.3%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
Flat 1, 1, Southgate Place, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2024.
The property is connected to mains gas and has some double glazing. 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 680 metres of Flat 1, 1, Southgate Place, Launceston across the last 2 years.
Most recently, 1A, Hendra Vale, Launceston, PL15 7HE, a leasehold flat, sold at £124,000 on the 8th November 2023.
Read more about house prices in PL15.
- Sold Nov 2023£124,000 | 2 Bed Flat1A, Hendra Vale, Launceston, PL15 7HE1A, Hendra Vale, Launceston, PL15 7HE
- Sold Nov 2021£290,000 | 2 Bed Flat1, Market Street, Launceston, PL15 8EP1, Market Street, Launceston, PL15 8EP
- Sold Jul 2016£85,000 | 2 Bed Flat99, Kensey Valley Meadow, Launceston, PL15 9TJ99, Kensey Valley Meadow, Launceston, PL15 9TJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 1, Southgate Place, Launceston as the 16th largest and the 8th most expensive of the 16 addresses on Southgate Place, Launceston, PL15.
Against the PL15 postcode district average, it is £166k less expensive than the typical property.
More reading links
Schools Nearby
- 200mWindmill Hill Academy
- 1.0kmLaunceston Primary School
- 1.2kmSt Catherine's CofE Primary School
- 800mLaunceston College
- 14.8kmCallington Community College
- 17.9kmTavistock College
More reading links
Public Transport Nearby
Gunnislake station is the nearest stop to Flat 1, 1, Southgate Place, Launceston at 16.6 kilometres away.
- 16.6kmGunnislake
- 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.
