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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, Wellgate, Launceston is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,303 ft2 of internal area and sits on a 345 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Wellgate, Launceston is £395,725 and the estimated rental value is £1,274 per month.
Laneast, Launceston, PL15 is located within the PL15 postal district.
Wellgate, Launceston has a single entry in the Land Registry from September 2007 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 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 Wellgate, Launceston is in very good condition we estimate a sale value of £415,511 and a rental value of £1,338 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,024 and a rental value of £1,185 per month.
Over the last 12 months the sale value of Wellgate Launceston has increased by an estimated £13,349 (3.4%) and its rental value has increased by an estimated £57 per month (4.5%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, Wellgate, Launceston sits on a plot of 345m2.
We have plot size data on 25 out of 30 other houses in the postcode and Wellgate, Launceston sits on the 23rd largest plot.
According to HM Land Registry, Wellgate, Launceston was last sold on 3rd September 2007 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wellgate, Launceston within a radius of 6.9 kilometres over the last 2 years.
The most recent example is Downhead Farm House, Launceston, PL15 8PN, a freehold house which sold for £425,000 on the 30th September 2021.
Read more about house prices in PL15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laneast, Launceston, PL15 has a total of 65 addresses. According to our analysis of all the public data, Wellgate, Launceston is the 48th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in PL15.
The closest station to Wellgate, Launceston is Liskeard station which is 20.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Wellgate, Launceston, 56.7% of property is privately owned outright and 27.8% 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 Wellgate, Launceston, 11.7% of residents are recorded as possessing school level qualifications and 34.7% 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 Wellgate, 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 Wellgate, 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 Wellgate, Launceston, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
