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According to the public record, 2, Border Meadow, Ludlow is a modern freehold house with 2,002 ft2 of internal area and sits on a 919 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Border Meadow, Ludlow is £716,015 and the estimated rental value is £1,735 per month.
Border Meadow, Richards Castle, Ludlow, SY8 is located within the SY8 postal district.
2, Border Meadow, Ludlow has 2 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated November 2019.
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 2, Border Meadow, Ludlow is in very good condition we estimate a sale value of £751,815 and a rental value of £1,822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £665,894 and a rental value of £1,614 per month.
Over the last 12 months the sale value of 2 Border Meadow Ludlow has decreased by an estimated £28,534 (4.0%) and its rental value has increased by an estimated £28 per month (1.6%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, 2, Border Meadow, Ludlow sits on a plot of 919m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Border Meadow, Ludlow sits on the 2nd largest plot.
2, Border Meadow, Ludlow has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 06 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 2, Border Meadow, Ludlow was last sold on 31st January 2024 for £775,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2024, the market for similar properties has dropped 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Border Meadow, Ludlow within a radius of 5.0 kilometres over the last 2 years.
The most recent example is Longlands Farm, Ludlow, SY8 4EU, a freehold house which sold for £660,000 on the 28th June 2021.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Border Meadow, Richards Castle, Ludlow, SY8 has a total of 4 addresses. According to our analysis of all the public data, 2, Border Meadow, Ludlow is the largest and the most expensive property on the street.
When compared to the postcode district it is £402k more expensive than the average property in SY8.
The closest station to 2, Border Meadow, Ludlow is Ludlow station which is 5.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Border Meadow, Ludlow, 66.1% of property is privately owned outright and 20.7% 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 2, Border Meadow, Ludlow, 13.7% of residents are recorded as possessing school level qualifications and 43.7% 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 2, Border Meadow, Ludlow, the average age was 49.2 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 2, Border Meadow, Ludlow, 0.7% 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 2, Border Meadow, Ludlow, 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.