Property profile

1 Troodes MillRiverside

PL15 8WH

Launceston North & North Petherwin

Area profile →

Map showing 1 Troodes Mill, Riverside, Launceston

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£160,000

Flats sold in Launceston North & North Petherwin

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold18 Mar 2022
£160,000Change since last sale: −£2,000 (−1.5%)
Annualised change
−0.3% per yearCornwall annualised change (flats) since 2022: −1.8% per yearThis property's value fell more slowly than the market
Price per sq ftLocal median £218 per sq ft
£271 per sq ftEstimate vs local median: +£53 per sq ft (+24%)
Local sold pricesMedian for flats in Launceston North & North Petherwin
£163,000Estimate vs local median: −£5,000 (−3.3%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Semi-Detached
TenureLeasehold
Construction period2012 onwards
Floor area54 m² / 581 sq ft
Rooms3 habitable / 3 heated
Floor level1
EPC ratingC
EPC inspection03 Jun 2024

Sales history

DatePriceChange
18 Mar 2022£160,000+39%
09 May 2014£115,000-

Local market

Property prices in Launceston North & North Petherwin

Median price: £245,125
Price per sq ft: £252
Sales (last 12 months): 66
Typical range (middle 50%): £177K – £346K

Based on 66 recent sales, the median property price is £245,125 (about £252 per square foot) in Launceston North & North Petherwin area, with individual transactions ranging from £30,000 up to £795,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Launceston North & North Petherwin over the last year.
TypeSalesMedian£/sq ft
Detached28£352,475£311
Semi-Detached11£229,000£285
Terraced24£179,000£206
Flats3£163,000£218

10-year price trendmedian sale price in Launceston North & North Petherwin

Sale price

Ten year median sale price trend for each property type in Launceston North & North Petherwin.
YearDetachedFlatsSemi-DetachedTerraced
2016£242,500—£170,000£129,750
2017£268,750£145,250£172,475£137,000
2018£296,500£105,000£172,000£145,000
2019£295,000£96,500£213,500£157,000
2020£302,500£108,000£209,995£153,000
2021£309,995£147,500£224,995£177,500
2022£340,000£134,950£254,995£217,500
2023£410,000£159,950£217,475£175,750
2024£360,000£129,500£250,000£182,500
2025£379,000£64,000£223,750£195,000
2026£370,000£163,000£217,500£176,000
Ten year median sale price trend for each property type in Launceston North & North Petherwin.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Launceston North & North Petherwin.
YearDetachedFlatsSemi-DetachedTerraced
2016£221—£232£140
2017£210£138£210£157
2018£239£188£182£168
2019£235£208£239£204
2020£263£121£257£192
2021£283£210£261£221
2022£326£210£309£237
2023£298£206£237£206
2024£296£249£261£208
2025£291£93£240£206
2026£312£218£300£202
Ten year median sale price per square foot trend for each property type in Launceston North & North Petherwin.

Price distribution by property typelast 12 months

Price distribution by property type for Launceston North & North Petherwin in the last year.

Recent sales

There were 35 recent sold properties in the last 18 months near PL15 8WH.

Recent sold properties in the last 18 months near PL15 8WH
DateAddressTypeTenurePriceMap
14 Jul 20264, Tredydan Road, Launceston, PL15 8HYTerracedFreehold£190,000
30 May 20251, Tredydan Road, Launceston, PL15 8HYTerracedFreehold£245,000
21 Jul 2025Flat 3, Town Mills, Launceston, PL15 8HUFlatsLeasehold£64,000
21 Jul 2025Flat 3, Town Mills, Launceston, PL15 8HUOtherLeasehold£64,000
03 Jul 20254, East Mill, Launceston, PL15 8HUSemi-DetachedFreehold£207,500

Other properties at this postcode

AddressTenureFloor areaLast sale
2 Troodes Mill, Riverside, LauncestonLeasehold57 m²£112,500 (2014)
3 Troodes Mill, Riverside, LauncestonLeasehold59 m²£105,000 (2016)
4 Troodes Mill, Riverside, LauncestonLeasehold52 m²£130,000 (2024)
5 Troodes Mill, Riverside, LauncestonLeasehold63 m²£112,500 (2014)
6 Troodes Mill, Riverside, LauncestonLeasehold58 m²£105,000 (2016)

Area insights for PL15 8WH

Full area profile →

Overview

Postcode PL15 8WH is located in a rural town, within the Launceston North & North Petherwin area of Cornwall in the South West region, and forms part of the Launceston area. It has high deprivation and high crime levels, with around 72.6 crimes per 1,000 residents per year, about 15% below the South West average of 85 per 1,000. The average income per household in Launceston is £42,760 per year. The median sale price in Launceston North & North Petherwin is £245,125 (around £252 per square foot), with typical sale prices between £177,125 and £346,250. The nearest station is Gunnislake, about 10.8 miles away. There are 3 primary and 1 secondary schools in the area. There is 1 park nearby, the closest small park is Launceston Castle.

Crime rate
7/10
Crimes per 1k residents
73
Deprivation level
7/10
Income level
2/10
Social housing
36.6%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Low

Deprivation level

7/10

Launceston has a high level of deprivation, ranked at position 11,673 out of 32,844 areas in England, placing it within the top 36% most deprived areas in England.

Crime level

7/10

Launceston has a high crime rate, with approximately 72.6 reported incidents per 1,000 population each year.

Social housing

36.6%

Approximately 36.6% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 17.8% of dwellings are socially rented.

Income level

2/10

The average income per household in Launceston is £42,760 per year.

Noise Level

Low

Low noise level (55.0-59.9 dB) from road, approximately 269 ft away from PL15 8WH.

Flood risk

No risk

Launceston near PL15 8WH has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Gunnislake located about 10.8 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for PL15 8WH
DistanceNameSizeDirections
0.3 miLaunceston CastleSmallWalking directions to Launceston Castle

Area Profile

Population
371
Population density
2,555.1 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
38.06(+14%)
Criminal damage and arson
16.39(+153%)
Anti-social behaviour
12.88(-14%)
Other theft
8.2(+46%)
Public order
2.93(-55%)
South West average

Demographics

Ethnic groups

British
347
94.04%
Other White
7
1.9%
White and Black African (mixed)
5
1.36%
Other
5
1.36%
Irish
2
0.54%
Total population: 369

Economics

Education (age 16+)

Level 4+ (Degree)
75
23.89%
No qualifications
71
22.61%
Level 2 (GCSEs 9-4)
51
16.24%
Level 3 (A level)
49
15.61%
Level 1 (GCSEs 3-1)
43
13.69%
Total 16+ residents: 314

Housing

Housing tenure

Social rents from council
58
35.37%
Private landlord or letting agency
42
25.61%
Owns outright
33
20.12%
Owns with a mortgage
22
13.41%
Other forms of private rent
7
4.27%
Total households: 164

Schools

In the PL15 8WH postcode area, located within Launceston, there are 3 primary and 1 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s inspection details to see the full breakdown.

Nearby schools for PL15 8WH
DistancePhaseNameTypeRatingLinks
0.2 miNot applicableSt Josephs SchoolOther independent school
0.4 miPrimarySt Stephens Community AcademyAcademy converter
0.5 miPrimaryWindmill Hill AcademyAcademy converter

Local amenities

4 nearby supermarkets & convenience stores within 0.5 mi of PL15 8WH

Nearby supermarkets & convenience stores for PL15 8WH
DistanceNameAddressDirections
0.1 miBudgensNewport Square, Cornwall, PL15 8EWWalking directions to Budgens
0.2 miSpar2 Dutson Road, Launceston, PL15 8DUWalking directions to Spar
0.2 miThe Co-operative FoodSt Thomas Hill, Cornwall, PL15 8EGWalking directions to The Co-operative Food
0.4 miThe Co-operative FoodHigh Street, Cornwall, PL15 8ERWalking directions to The Co-operative Food