16, Lower Broad Street
16, Lower Broad Street
Description & Estimates
The public record lists 16, Lower Broad Street, Ludlow as a freehold house.
Comparison with its neighbours suggests a period house with 2,257 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
16, Lower Broad Street, Ludlow has an estimated sale value of £685,220 and an estimated rental value of £1,700 per month, assuming reasonable condition and based on the information available.
Lower Broad Street, Ludlow, SY8 lies within the SY8 postal district.
Our Data Sources
16, Lower Broad Street, Ludlow has 21 entries in the Land Registry , most recently in September 2007 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 16, Lower Broad Street, Ludlow would be worth £719,481, with a potential rental value of £1,785 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £637,255, with a rental value of £1,581 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Lower Broad Street, Ludlow has moved down by £16,730 (2.4%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (2.3%). The property's estimated gross yield is currently 3.0%.
Sold Prices
16, Lower Broad Street, Ludlow last changed hands on 7th September 2007, selling for £595,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 14.6% since September 2007.
- Sold Sep 2007£595,000
- Sold Sep 1996£175,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 16, Lower Broad Street, Ludlow across the last 2 years.
Most recently, 30, Broad Street, Ludlow, SY8 1NJ, a freehold house, sold at £730,000 on the 10th December 2021.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 16, Lower Broad Street, Ludlow as the 4th largest and the 4th most expensive of the 67 addresses on Lower Broad Street, Ludlow, SY8.
Against the SY8 postcode district average, it is £367k more expensive than the typical property.
More reading links
Schools Nearby
- 300mSt Laurence CofE Primary School
- 1.4kmLudlow Primary School
- 3.5kmBishop Hooper Church of England Primary School
- 1.6kmLudlow Church of England School
- 10.5kmTenbury High Ormiston Academy
- 11.0kmWigmore School
More reading links
Public Transport Nearby
Ludlow station is the nearest stop to 16, Lower Broad Street, Ludlow at 700 metres away.
- 700mLudlow
- 11.9kmCraven Arms
- 13.1kmBroome
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
