18, Lower Broad Street
18, Lower Broad Street
Description & Estimates
According to the public record, 18, Lower Broad Street, Ludlow is a period freehold house with 484 ft2 of internal area.
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 18, Lower Broad Street, Ludlow is £285,720 and the estimated rental value is £837 per month.
Lower Broad Street, Ludlow, SY8 is located within the SY8 postal district.
Our Data Sources
18, Lower Broad Street, Ludlow has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 18, Lower Broad Street, Ludlow is in very good condition we estimate a sale value of £300,006 and a rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,720 and a rental value of £778 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Lower Broad Street, Ludlow has grown by £495 (0.2%), while its estimated rental value has climbed by £43 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 3.5%.
Energy Efficiency
18, Lower Broad Street, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 18, Lower Broad Street, Ludlow was last sold on 10th May 2024 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped by 4.2%.
- Sold May 2024£145,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Lower Broad Street, Ludlow within a radius of 830 metres over the last 2 years.
The most recent example is 20, Lower Broad Street, Ludlow, SY8 1PQ, a leasehold house which sold for £148,000 on the 10th May 2024.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lower Broad Street, Ludlow, SY8 has a total of 67 addresses. According to our analysis of all the public data, 18, Lower Broad Street, Ludlow is the 63rd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in SY8.
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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
The closest station to 18, Lower Broad Street, Ludlow is Ludlow station, which is 700 metres away.
- 700mLudlow
- 11.9kmCraven Arms
- 13.1kmBroome
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
