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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
According to the public record, Spindles, Launceston is a period freehold house with 1,216 ft2 of internal area and sits on a 117 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Spindles, Launceston is £287,820 and the estimated rental value is £1,143 per month.
Lewannick, Launceston, PL15 is located within the PL15 postal district.
Spindles, Launceston has 3 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated February 2018.
We combine this information with that 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.
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 Spindles, Launceston is in very good condition we estimate a sale value of £302,211 and a rental value of £1,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,673 and a rental value of £1,063 per month.
Over the last 12 months the sale value of Spindles Launceston has increased by an estimated £9,524 (3.3%) and its rental value has increased by an estimated £56 per month (4.9%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, Spindles, Launceston sits on a plot of 117m2.
We have plot size data on 32 out of 58 other houses in the postcode and Spindles, Launceston sits on the 29th largest plot.
Spindles, Launceston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Spindles, Launceston was last sold on 18th April 2024 for £277,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2024, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Spindles, Launceston within a radius of 5.0 kilometres over the last 2 years.
The most recent example is 29, Hawks Tor Drive, Launceston, PL15 7QY, a freehold house which sold for £320,000 on the 13th May 2022.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lewannick, Launceston, PL15 has a total of 141 addresses. According to our analysis of all the public data, Spindles, Launceston is the 72nd largest and the 106th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in PL15.
The closest station to Spindles, Launceston is Liskeard station which is 17.2 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Spindles, 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 Spindles, 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 Spindles, 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 Spindles, 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 Spindles, 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.
