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13, Raven Lane, Ludlow appears in the public record as a freehold house sitting on a 89.6 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,544 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 13, Raven Lane, Ludlow is £423,111 and its rental estimate is £1,172 per month, given the available information and assuming reasonable condition.
Raven Lane, Ludlow, SY8 falls within the SY8 postal district.
13, Raven Lane, Ludlow has 61 entries in the Land Registry , most recently in November 2020 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 13, Raven Lane, Ludlow, we estimate a market value of £444,267 and a rental value of £1,230 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £393,493 and £1,090 per month respectively.
Over the last year, 13, Raven Lane, Ludlow has seen its estimated sale value move down by £11,570 (2.7%) and its estimated rental value increase by £26 per month (2.3%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for 13, Raven Lane, Ludlow as measuring 90 m2.
That makes it the 8th largest plot in the postcode, where 14 of the 36 other houses have recorded plot data.
The most recent sale of 13, Raven Lane, Ludlow completed on 12th November 2020 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 7.4% over the period since November 2020.
Over the past 2 years 3 properties similar to 13, Raven Lane, Ludlow have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2024, was 37, Lower Broad Street, Ludlow, SY8 1PH, a freehold house which sold for £555,000.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 41 addresses on Raven Lane, Ludlow, SY8, 13, Raven Lane, Ludlow comes out as the 6th largest and the 8th most expensive in our analysis of the public data.
It is also £105k more expensive than the average property across the SY8 district.
From 13, Raven Lane, Ludlow, the nearest station is Ludlow, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 13, Raven Lane, Ludlow, 48.8% of property is privately owned outright and 33.1% 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 13, Raven Lane, Ludlow, 3.5% of residents are recorded as possessing school level qualifications and 50.5% 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 13, Raven Lane, Ludlow, 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 13, Raven Lane, Ludlow, 2.0% 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 13, Raven Lane, Ludlow, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.