Stede Logo

Stede

Gimbletts Mill, Laneast, Launceston, North Cornwall, Cornwall, PL15 8QQ

How much is Gimbletts Mill, Laneast, Launceston, North Cornwall, Cornwall, PL15 8QQ worth?

Estimated value — November 2026

£612,000

Likely range £478,000 – £721,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale September 1997

60%

confidence

Medium

Typically within 10% of the sale price

Property details

Detached house

Launceston · PL15 8QQ

Address

District
North Cornwall
County
Cornwall
See house prices in PL15 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k£800k£1m20002002200420062008201020122014201620182020202220242026£612,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£208,323£178,118 – £240,472
2001£244,637£206,996 – £282,948
2002£329,979£276,475 – £383,942
2003£380,405£315,905 – £443,770
2004£437,699£361,093 – £509,945
2005£437,840£358,853 – £510,263
2006£467,892£380,308 – £546,539
2007£497,175£400,505 – £582,982
2008£430,185£344,026 – £505,732
2009£437,098£347,762 – £516,303
2010£459,026£365,078 – £543,777
2011£440,180£349,305 – £524,189
2012£430,766£341,531 – £515,034
2013£441,314£387,013 – £485,484
2014£461,068£400,845 – £510,055
2015£486,597£419,355 – £541,293
2016£483,920£413,384 – £541,296
2017£506,374£428,731 – £569,531
2018£522,127£438,115 – £590,465
2019£528,062£439,097 – £600,429
2020£583,349£480,652 – £666,886
2021£625,052£510,281 – £718,411
2022£692,486£560,089 – £800,182
2023£650,864£521,497 – £756,096
2024£640,647£508,459 – £748,173
2025£617,963£485,777 – £725,488
2026£612,000£478,000 – £721,000

Sale history

1997Sold
£147,500
2026Today — estimated
+315%£612,000

Mortgage calculator

£3,285

Estimated monthly repayment

£550,800

Loan amount

£631,670

Total interest

£1,182,470

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

Gimbletts Mill, Laneast, Launceston, North Cornwall, Cornwall, PL15 8QQ is a detached house in Launceston, Cornwall (PL15). Stede's estimated value for November 2026 is £612,000. Four in five similar homes sold within their likely range when tested; for this property that range is £478,000 to £721,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 70 similar homes in the same postcode sector (25%). The confidence score is 60 out of 100 (medium): estimates like this one are typically within 10% of the eventual sale price.

It last sold in September 1997 for £147,500. The current estimate is 315% higher than that price. The current owner has held it for about 29 years.

The modelled value is down 2% over the past year and down 1% over the past five years.

Among 4 nearby properties Stede tracks in the PL15 area, estimated values run from £367,000 to £450,000. This detached house's £612,000 sits above that range.

Common questions

How much is Gimbletts Mill, Laneast, Launceston, North Cornwall, Cornwall, PL15 8QQ worth?

Stede estimates Gimbletts Mill, Laneast, Launceston, North Cornwall, Cornwall, PL15 8QQ is worth £612,000 as of November 2026, within a likely range of £478,000 to £721,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did Gimbletts Mill, Laneast, Launceston, North Cornwall, Cornwall, PL15 8QQ last sell?

It last sold in September 1997 for £147,500.

What type of property is Gimbletts Mill, Laneast, Launceston, North Cornwall, Cornwall, PL15 8QQ?

It is recorded as a Detached house in the PL15 postcode area.

How reliable is this estimate?

The confidence score is 60 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 10% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 70 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 56,151 real sales of similar homes.

  • Its sale in September 1997, brought up to today with the House Price Index£680,48375%
  • 70 similar homes sold recently in the same postcode sector£404,59225%

Estimate £612,000, likely £478,000 – £721,000

Read the full methodology and data sources →