2, Knights Way
2, Knights Way
Description & Estimates
According to the public record, 2, Knights Way, Ludlow is a modern freehold house with 957 ft2 of internal area.
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, Knights Way, Ludlow is £264,599 and the estimated rental value is £1,075 per month.
Knights Way, Rock Green, Ludlow, SY8 is located within the SY8 postal district.
Our Data Sources
2, Knights Way, Ludlow has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 2, Knights Way, Ludlow is in very good condition we estimate a sale value of £277,829 and a rental value of £1,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,077 and a rental value of £1,000 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Knights Way, Ludlow has declined by £2,626 (1.0%), while its estimated rental value has climbed by £40 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Energy Efficiency
2, Knights Way, Ludlow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Knights Way, Ludlow was last sold on 18th November 2022 for £234,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has risen by 0.3%.
- Sold Nov 2022£234,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Knights Way, Ludlow within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 7, Littleton Close, Ludlow, SY8 2DU, a freehold house which sold for £310,000 on the 7th December 2022.
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
Knights Way, Rock Green, Ludlow, SY8 has a total of 24 addresses. According to our analysis of all the public data, 2, Knights Way, Ludlow is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in SY8.
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Schools Nearby
- 500mLudlow Primary School
- 1.6kmSt Laurence CofE Primary School
- 4.0kmBitterley CofE Primary School (Aided)
- 2.1kmLudlow Church of England School
- 10.5kmTenbury High Ormiston Academy
- 12.8kmWigmore School
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Public Transport Nearby
The closest station to 2, Knights Way, Ludlow is Ludlow station, which is 1.4 kilometres away.
- 1.4kmLudlow
- 12.0kmCraven Arms
- 13.7kmBroome
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
