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By comparing it to nearby properties, we estimate it to be a modern house with 1,231 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 20, Springfield Park, Ludlow is £314,214 and its rental estimate is £1,143 per month, given the available information and assuming reasonable condition.
Springfield Park, Clee Hill, Ludlow, SY8 falls within the SY8 postal district.
20, Springfield Park, Ludlow has 31 entries in the Land Registry , most recently in September 2009 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 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 20, Springfield Park, Ludlow, we estimate a market value of £329,925 and a rental value of £1,200 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £292,219 and £1,063 per month respectively.
Over the last year, 20, Springfield Park, Ludlow has seen its estimated sale value drop by £3,118 (1.0%) and its estimated rental value rise by £42 per month (3.7%). This results in an estimated gross rental yield of 4.4%.
HM Land Registry records the plot of land for 20, Springfield Park, Ludlow as measuring 328 m2.
That makes it the 23rd largest plot in the postcode, where 29 of the 46 other houses have recorded plot data.
The most recent sale of 20, Springfield Park, Ludlow completed on 2nd September 2009 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 70.6% over the period since September 2009.
Over the past 2 years 3 properties similar to 20, Springfield Park, Ludlow have sold within a radius of 5.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was 23, Springfield Park, Ludlow, SY8 3QY, a freehold house which sold for £275,000.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Springfield Park, Clee Hill, Ludlow, SY8, 20, Springfield Park, Ludlow comes out as the 3rd largest and the 10th most expensive in our analysis of the public data.
It is also £4k less expensive than the average property across the SY8 district.
From 20, Springfield Park, Ludlow, the nearest station is Ludlow, 8.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 20, Springfield Park, Ludlow, 66.1% of property is privately owned outright and 21.2% 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 20, Springfield Park, Ludlow, 8.9% of residents are recorded as possessing school level qualifications and 26.5% 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 20, Springfield Park, Ludlow, the average age was 47.9 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 20, Springfield Park, Ludlow, 1.8% 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 20, Springfield Park, Ludlow, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.