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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Lewis Drive, Ludlow is a modern freehold house with 1,227 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 3, Lewis Drive, Ludlow is £346,881 and the estimated rental value is £1,187 per month.
Lewis Drive, Ludlow, SY8 is located within the SY8 postal district.
3, Lewis Drive, Ludlow has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 3, Lewis Drive, Ludlow is in very good condition we estimate a sale value of £364,225 and a rental value of £1,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,600 and a rental value of £1,104 per month.
Over the last 12 months the sale value of 3 Lewis Drive Ludlow has decreased by an estimated £6,011 (1.7%) and its rental value has increased by an estimated £47 per month (3.9%), giving an expected gross yield of 4.1%.
3, Lewis Drive, Ludlow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Lewis Drive, Ludlow was last sold on 2nd December 2022 for £405,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lewis Drive, Ludlow within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 12, Lewis Drive, Ludlow, SY8 1FL, a freehold house which sold for £344,950 on the 21st July 2023.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lewis Drive, Ludlow, SY8 has a total of 23 addresses. According to our analysis of all the public data, 3, Lewis Drive, Ludlow is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in SY8.
The closest station to 3, Lewis Drive, Ludlow is Ludlow station which is 1.9 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 3, Lewis Drive, Ludlow, 60.8% of property is privately owned outright and 20.3% 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 3, Lewis Drive, Ludlow, 14.1% of residents are recorded as possessing school level qualifications and 36.6% 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 3, Lewis Drive, 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 3, Lewis Drive, Ludlow, 0.0% 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 3, Lewis Drive, Ludlow, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
