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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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Public records show Gallows Hill, Launceston to be a modern freehold house with 2,206 ft2 of internal area, sitting on a 21,887 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Gallows Hill, Launceston has an estimated sale value of £811,309 and an estimated rental value of £2,260 per month, assuming reasonable condition and based on the information available.
St. Stephens, Launceston, PL15 lies within the PL15 postal district.
Gallows Hill, Launceston has 3 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated May 2016.
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.
In very good condition, we estimate Gallows Hill, Launceston would be worth £851,875, with a potential rental value of £2,373 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £754,518, with a rental value of £2,102 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Gallows Hill, Launceston has grown by £13,405 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £72 (3.2%). The property's estimated gross yield is currently 3.3%.
Gallows Hill, Launceston occupies a 21,887 m2 plot as recorded by HM Land Registry.
Of the 4 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the 2nd largest.
Gallows Hill, Launceston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Gallows Hill, Launceston last changed hands on 22nd July 2016, selling for £610,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 69.8% since July 2016.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 1.5 kilometres of Gallows Hill, Launceston across the last 2 years.
Most recently, Hill Barn, Underhayes Lane, Launceston, PL15 8HA, a freehold house, sold at £600,000 on the 18th September 2016.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Gallows Hill, Launceston as the 5th largest and the 3rd most expensive of the 31 addresses on St. Stephens, Launceston, PL15.
Against the PL15 postcode district average, it is £503k more expensive than the typical property.
Gunnislake station is the nearest stop to Gallows Hill, Launceston at 18.2 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Gallows Hill, Launceston, 56.5% of property is privately owned outright and 24.5% 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 Gallows Hill, Launceston, 15.3% of residents are recorded as possessing school level qualifications and 25.7% 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 Gallows Hill, 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 Gallows Hill, Launceston, 0.6% 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 Gallows Hill, Launceston, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
