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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Bower Cottage, Ludlow is £346,263 and the estimated rental value is £1,008 per month.
Coreley, Ludlow, SY8 is located within the SY8 postal district.
1 Bower Cottage, Ludlow has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 1 Bower Cottage, Ludlow is in very good condition we estimate a sale value of £363,576 and a rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,024 and a rental value of £937 per month.
Over the last 12 months the sale value of 1 Bower Cottage Ludlow has decreased by an estimated £6 (0.0%) and its rental value has increased by an estimated £53 per month (5.3%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 1 Bower Cottage, Ludlow sits on a plot of 784m2.
We have plot size data on 9 out of 13 other houses in the postcode and 1 Bower Cottage, Ludlow sits on the 8th largest plot.
1 Bower Cottage, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Mar 2015.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 1 Bower Cottage, Ludlow was last sold on 2nd October 2015 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2015, the market for similar properties has risen 34.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Bower Cottage, Ludlow within a radius of 5.0 kilometres over the last 2 years.
The most recent example is 9, Doddington, Kidderminster, DY14 0NT, a freehold house which sold for £365,000 on the 8th November 2024.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coreley, Ludlow, SY8 has a total of 70 addresses. According to our analysis of all the public data, 1 Bower Cottage, Ludlow is the 66th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in SY8.
The closest station to 1 Bower Cottage, Ludlow is Ludlow station which is 10.8 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 1 Bower Cottage, Ludlow, 61.4% of property is privately owned outright and 22.1% is privately owned with a mortgage.
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 1 Bower Cottage, Ludlow, 10.5% of residents are recorded as possessing school level qualifications and 34.1% 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 1 Bower Cottage, Ludlow, the average age was 47.9 and the most common age was 57.
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 1 Bower Cottage, Ludlow, 1.0% 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 1 Bower Cottage, Ludlow, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.