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Penpont Mill, Launceston appears in the public record as a freehold house sitting on a 941 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,753 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Penpont Mill, Launceston is £414,915 and its rental estimate is £1,310 per month, given the available information and assuming reasonable condition.
Altarnun, Launceston, PL15 falls within the PL15 postal district.
Penpont Mill, Launceston has 41 entries in the Land Registry , most recently in May 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Penpont Mill, Launceston, we estimate a market value of £435,661 and a rental value of £1,376 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,871 and £1,219 per month respectively.
Over the last year, Penpont Mill, Launceston has seen its estimated sale value move up by £13,996 (3.4%) and its estimated rental value increase by £59 per month (4.5%). This results in an estimated gross rental yield of 3.8%.
HM Land Registry records the plot of land for Penpont Mill, Launceston as measuring 941 m2.
That makes it the 4th largest plot in the postcode, where 14 of the 27 other houses have recorded plot data.
The most recent sale of Penpont Mill, Launceston completed on 15th May 2017 at £355,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 33.2% over the period since May 2017.
Over the past 2 years 3 properties similar to Penpont Mill, Launceston have sold within a radius of 7.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th June 2024, was Penmoor, Launceston, PL15 7RX, a freehold house which sold for £340,000.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 230 addresses on Altarnun, Launceston, PL15, Penpont Mill, Launceston comes out as the 67th largest and the 124th most expensive in our analysis of the public data.
It is also £106k more expensive than the average property across the PL15 district.
From Penpont Mill, Launceston, the nearest station is Liskeard, 17.7 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 Penpont Mill, Launceston, 43.3% of property is privately owned outright and 21.6% 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 Penpont Mill, Launceston, 10.6% of residents are recorded as possessing school level qualifications and 24.6% 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 Penpont Mill, 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 Penpont Mill, Launceston, 0.0% 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 Penpont Mill, Launceston, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.