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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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According to the public record, Glenrest Cottage, Launceston is a period freehold house with 1,894 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Glenrest Cottage, Launceston is £470,447 and the estimated rental value is £1,411 per month.
Lezant, Launceston, PL15 is located within the PL15 postal district.
Glenrest Cottage, Launceston has 21 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated July 2019.
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.
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 Glenrest Cottage, Launceston is in very good condition we estimate a sale value of £493,969 and a rental value of £1,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,515 and a rental value of £1,312 per month.
Over the last 12 months the sale value of Glenrest Cottage Launceston has increased by an estimated £15,870 (3.4%) and its rental value has increased by an estimated £63 per month (4.5%), giving an expected gross yield of 3.6%.
Glenrest Cottage, Launceston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Glenrest Cottage, Launceston was last sold on 4th December 2019 for £370,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2019, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Glenrest Cottage, Launceston within a radius of 5.4 kilometres over the last 2 years.
The most recent example is Victoria Cottage, Launceston, PL15 9QA, a freehold house which sold for £329,000 on the 16th September 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lezant, Launceston, PL15 has a total of 84 addresses. According to our analysis of all the public data, Glenrest Cottage, Launceston is the 23rd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in PL15.
The closest station to Glenrest Cottage, Launceston is Gunnislake station which is 12.1 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 Glenrest 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 Glenrest 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 Glenrest 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 Glenrest 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 Glenrest 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.
