23, The Hope
23, The Hope
Description & Estimates
23, The Hope, Ludlow is recorded publicly as a period freehold house across 1,291 ft2 of internal area, sitting on a 3,136 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, The Hope, Ludlow is £150,878 and its rental estimate is £629 per month, given the available information and assuming reasonable condition.
The Hope, Stanton Lacy, Ludlow, SY8 falls within the SY8 postal district.
Our Data Sources
23, The Hope, Ludlow has a single entry in the Land Registry from October 2007 and a single entry in the EPC database dated July 2021.
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.
Price Range & Condition
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 23, The Hope, Ludlow, we estimate a market value of £158,422 and a rental value of £660 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £140,317 and £585 per month respectively.
Recent Market Change
Over the last year, 23, The Hope, Ludlow has seen its estimated sale value drop by £1,497 (1.0%) and its estimated rental value rise by £23 per month (3.7%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 23, The Hope, Ludlow as measuring 3,136 m2.
That makes it the 2nd largest plot in the postcode, where 4 of the 15 other houses have recorded plot data.
Energy Efficiency
23, The Hope, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 23, The Hope, Ludlow completed on 9th October 2007 at £335,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 46.7% over the period since October 2007.
- Sold Oct 2007£335,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 3.6 kilometres of 23, The Hope, Ludlow, per the Land Registry and our network of Estate Agents.
The latest, on the 10th June 2013, was 25, The Hope, Ludlow, SY8 2AP, a freehold house which sold for £360,000.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 15 addresses on The Hope, Stanton Lacy, Ludlow, SY8, 23, The Hope, Ludlow comes out as the 8th largest and the 10th most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the SY8 district.
More reading links
Schools Nearby
- 3.6kmLudlow Primary School
- 4.2kmSt Laurence CofE Primary School
- 5.1kmBitterley CofE Primary School (Aided)
- 3.1kmLudlow Church of England School
- 13.8kmTenbury High Ormiston Academy
- 13.8kmWigmore School
More reading links
Public Transport Nearby
From 23, The Hope, Ludlow, the nearest station is Ludlow, 3.7 kilometres away.
- 3.7kmLudlow
- 9.2kmCraven Arms
- 11.6kmBroome
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
