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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Glencoe Terrace, Ludlow is a period freehold house with 861 ft2 of internal area and sits on a 174 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Glencoe Terrace, Ludlow is £236,197 and the estimated rental value is £976 per month.
Glencoe Terrace, Ludlow, SY8 is located within the SY8 postal district.
2, Glencoe Terrace, Ludlow has a single entry in the Land Registry from May 2020 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 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 2, Glencoe Terrace, Ludlow is in very good condition we estimate a sale value of £248,006 and a rental value of £1,024 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,663 and a rental value of £907 per month.
Over the last 12 months the sale value of 2 Glencoe Terrace Ludlow has decreased by an estimated £4,093 (1.7%) and its rental value has increased by an estimated £38 per month (3.9%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Glencoe Terrace, Ludlow sits on a plot of 174m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Glencoe Terrace, Ludlow sits on the 3rd largest plot.
2, Glencoe Terrace, Ludlow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Glencoe Terrace, Ludlow was last sold on 12th May 2020 for £172,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Glencoe Terrace, Ludlow within a radius of 580 metres over the last 2 years.
The most recent example is 43, Quarry Gardens, Ludlow, SY8 1RE, a freehold house which sold for £225,000 on the 9th June 2023.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glencoe Terrace, Ludlow, SY8 has a total of 5 addresses. According to our analysis of all the public data, 2, Glencoe Terrace, Ludlow is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in SY8.
The closest station to 2, Glencoe Terrace, Ludlow is Ludlow station which is 100 metres 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, Glencoe Terrace, Ludlow, 55.5% of property is privately owned outright and 22.6% 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 2, Glencoe Terrace, Ludlow, 6.0% of residents are recorded as possessing school level qualifications and 44.1% 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, Glencoe Terrace, 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 2, Glencoe Terrace, Ludlow, 1.2% 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, Glencoe Terrace, Ludlow, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
