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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1 Lower Mitchells Cottages, Ledbury is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 939 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Lower Mitchells Cottages, Ledbury is £330,932 and the estimated rental value is £1,102 per month.
Lower Eggleton, Ledbury, HR8 is located within the HR8 postal district.
1 Lower Mitchells Cottages, Ledbury has 21 entries in the Land Registry , most recently in June 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Lower Mitchells Cottages, Ledbury is in very good condition we estimate a sale value of £347,478 and a rental value of £1,157 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,766 and a rental value of £1,025 per month.
Over the last 12 months the sale value of 1 Lower Mitchells Cottages Ledbury has decreased by an estimated £3,647 (1.1%) and its rental value has increased by an estimated £47 per month (4.2%), giving an expected gross yield of 4%.
According to HM Land Registry, 1 Lower Mitchells Cottages, Ledbury was last sold on 13th June 2018 for £205,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2018, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Lower Mitchells Cottages, Ledbury within a radius of 5.5 kilometres over the last 2 years.
The most recent example is 1 Newtown Cross, Ledbury, HR8 2UG, a freehold house which sold for £237,000 on the 28th September 2018.
Read more about house prices in HR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Eggleton, Ledbury, HR8 has a total of 96 addresses. According to our analysis of all the public data, 1 Lower Mitchells Cottages, Ledbury is the 74th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in HR8.
The closest station to 1 Lower Mitchells Cottages, Ledbury is Hereford station which is 10.9 kilometres away.
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 Lower Mitchells Cottages, Ledbury, 56.3% of property is privately owned outright and 25.7% 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 Lower Mitchells Cottages, Ledbury, 8.1% of residents are recorded as possessing school level qualifications and 39.6% 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 Lower Mitchells Cottages, Ledbury, 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 1 Lower Mitchells Cottages, Ledbury, 2.1% 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 Lower Mitchells Cottages, Ledbury, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
