Be the first Estate
Agent here!
Silk Mill Lane is a residential street with 2 addresses.
It ranks as the 15th largest and 172nd most expensive of the 414 streets in the SY8 area.
The street contains a total of 2 properties: 2 houses.
Silk Mill Lane is a residential street with 2 addresses.
It ranks as the 15th largest and 172nd most expensive of the 414 streets in the SY8 area.
The street contains a total of 2 properties: 2 houses.
Sale prices range from £222,459 for 2 bedroom freehold houses with a garden (667 ft2) to £295,400 for 3 bedroom freehold houses with a garden (1,063 ft2) .
Monthly rental prices range from £890 pcm for 2 bed houses to £1,107 pcm for 3 bed houses.
The gross rental yield is between 4.5% and 4.8%.
The average value per square foot is £306.
The last sale on Silk Mill Lane sold for £235,000 on 23rd August 2004. Since then prices are down an average of 0.0%.
The current average value in the street is £258,930.
The Silk Mill Lane Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.6% | £258,930 |
| May 2025 | -3.7% | £260,442 |
| May 2024 | 0.2% | £270,397 |
| May 2023 | 1.5% | £269,918 |
| May 2022 | 10.2% | £265,890 |
| May 2021 | 4.2% | £241,338 |
| May 2020 | 3.6% | £231,564 |
| May 2019 | 4.9% | £223,535 |
| May 2018 | 0.4% | £213,079 |
| May 2017 | 10% | £212,191 |
| May 2016 | 5.7% | £192,868 |
| May 2015 | 0.9% | £182,454 |
| May 2014 | 5.7% | £180,753 |
| May 2013 | 1.8% | £170,988 |
| May 2012 | 3.3% | £167,907 |
| May 2011 | -0.2% | £162,479 |
| May 2010 | -2.1% | £162,777 |
| May 2009 | -6.3% | £166,280 |
| May 2008 | -3.6% | £177,508 |
| May 2007 | 0% | £184,087 |
The current average rental value in the street is £998.
The Silk Mill Lane Rental Market has increased by 62.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.2% | £998pcm |
| May 2025 | 8.3% | £958pcm |
| May 2024 | 4% | £884pcm |
| May 2023 | 9% | £851pcm |
| May 2022 | 9.9% | £780pcm |
| May 2021 | 2.6% | £710pcm |
| May 2020 | 0% | £692pcm |
| May 2019 | 5.3% | £692pcm |
| May 2018 | 0.9% | £657pcm |
| May 2017 | 5.8% | £651pcm |
| May 2016 | -3.4% | £616pcm |
| May 2015 | 6.1% | £637pcm |
| May 2014 | -1% | £600pcm |
| May 2013 | 7.7% | £606pcm |
| May 2012 | -8% | £563pcm |
| May 2011 | -3.6% | £612pcm |
| May 2010 | 6% | £635pcm |
| May 2009 | 2% | £599pcm |
| May 2008 | 4.5% | £588pcm |
| May 2007 | 0% | £562pcm |
The last sale was on 23rd August 2004 for £235,000 and since then the market in the area has remained stable. The street has had a total of 3 sales since 1995.
Silk Mill Lane, Ludlow, SY8 has seen no sales in the last three years and no sales in the last twelve months.
Silk Mill Lane, Ludlow, SY8 is the 15th largest and the 172nd most expensive street in the SY8 area.
There is 1 postcode on Silk Mill Lane, Ludlow, SY8.
The closest station to Silk Mill Lane, Ludlow, SY8 is Ludlow station which is 700 metres away.
Be the first Estate
Agent here!
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 Silk Mill Lane, Ludlow, SY8, 59.7% of property is privately owned outright and 18.6% is privately rented.
The graph below shows how this compares to West Midlands 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 Silk Mill Lane, Ludlow, SY8, 5.8% of residents are recorded as possessing school level qualifications and 47.3% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Silk Mill Lane, Ludlow, SY8, the average age was 48.3 and the most common age was 72.
The graph below shows how this compares to West Midlands 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 Silk Mill Lane, Ludlow, SY8, 4.6% of property was a second home.
Comparison figures for West Midlands 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 Silk Mill Lane, Ludlow, SY8, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.