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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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Priory Cottage, Launceston is described in the public record as a period house with 1,323 ft2 of internal area, sitting on a 138 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Priory Cottage, Launceston is £320,375 and its rental estimate is £1,267 per month, given the available information and assuming reasonable condition.
Lewannick, Launceston, PL15 falls within the PL15 postal district.
Priory Cottage, Launceston has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Priory Cottage, Launceston, we estimate a market value of £336,394 and a rental value of £1,331 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £297,949 and £1,179 per month respectively.
Over the last year, Priory Cottage, Launceston has seen its estimated sale value move up by £10,807 (3.4%) and its estimated rental value increase by £57 per month (4.5%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for Priory Cottage, Launceston as measuring 138 m2.
That makes it the 28th largest plot in the postcode, where 32 of the 58 other houses have recorded plot data.
Priory Cottage, Launceston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of Priory Cottage, Launceston completed on 20th February 2003 at £110,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to Priory Cottage, Launceston have sold within a radius of 5.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th April 2024, was Spindles, Launceston, PL15 7QD, a freehold house which sold for £277,500.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 141 addresses on Lewannick, Launceston, PL15, Priory Cottage, Launceston comes out as the 63rd largest and the 91st most expensive in our analysis of the public data.
It is also £12k more expensive than the average property across the PL15 district.
From Priory Cottage, Launceston, the nearest station is Liskeard, 17.2 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none 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 Priory Cottage, Launceston, 39.3% of property is privately owned outright and 23.6% is socially 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 Priory Cottage, Launceston, 20.6% of residents are recorded as possessing school level qualifications and 23.7% 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 Priory 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 Priory Cottage, Launceston, 0.2% 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 Priory Cottage, Launceston, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
