Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, The Forge, Launceston is a modern freehold house with 1,367 ft2 of internal area and sits on a 302 m2 plot.
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 The Forge, Launceston is £423,068 and the estimated rental value is £1,301 per month.
Tresmeer, Launceston, PL15 is located within the PL15 postal district.
The Forge, Launceston has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated December 2014.
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 The Forge, Launceston is in very good condition we estimate a sale value of £444,221 and a rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,453 and a rental value of £1,210 per month.
Over the last 12 months the sale value of The Forge Launceston has increased by an estimated £14,271 (3.4%) and its rental value has increased by an estimated £58 per month (4.5%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, The Forge, Launceston sits on a plot of 302m2.
We have plot size data on 9 out of 12 other houses in the postcode and The Forge, Launceston sits on the 5th largest plot.
The Forge, Launceston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Dec 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, oil.
According to HM Land Registry, The Forge, Launceston was last sold on 12th August 2020 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2020, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Forge, Launceston within a radius of 7.1 kilometres over the last 2 years.
The most recent example is October Cottage, Launceston, PL15 8QX, a freehold house which sold for £407,500 on the 31st July 2024.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tresmeer, Launceston, PL15 has a total of 85 addresses. According to our analysis of all the public data, The Forge, Launceston is the 34th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in PL15.
The closest station to The Forge, Launceston is Liskeard station which is 24.2 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 The Forge, Launceston, 47.2% of property is privately owned outright and 25.8% 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 The Forge, Launceston, 13.4% of residents are recorded as possessing school level qualifications and 28.5% 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 The Forge, Launceston, the average age was 45.7 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 The Forge, 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 The Forge, Launceston, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
