Average Price for property in Launceston is around £230,379 which varies based on type of property you are interested in and ranges from £299,731 for detached house to around £188,317 for semi-detached. Similarly terraced house is around £161,769 and a flat is worth £114,122. Values have been changing and have risen £1,994 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,141 in last 6 months, £19,194 in last 1 year, £30,534 in last 2 years, £35,526 in last 3 years, £18,759 in last 4 years and £21,121 in last 5 years.
Currently average asking price of a property in Launceston is around £326,790 based on approximately 278 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £661 per month.
Estimated property value in Launceston is £230,379. Average asking price is £326,790 while average price paid is £195,643 which is up by £19,194 and Avg. asking rent £661.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Launceston area. In last 1 year alone average price buyer paid is around £195,643 based on approximately 278 sales in Launceston area alone. If you compare it to last 3 years sales of 810 properties where buyers paid around £190,181. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £190,730 for 1,318 and average amount paid for purchase of approx. 1,779 properties sold in last 7 years comes to about £192,656 per sale.