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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
According to the public record, 31, Townsend Close, Ludlow is a modern leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Townsend Close, Ludlow is £221,211 and the estimated rental value is £865 per month.
Townsend Close, Ludlow, SY8 is located within the SY8 postal district.
31, Townsend Close, Ludlow has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated July 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 31, Townsend Close, Ludlow is in very good condition we estimate a sale value of £232,271 and a rental value of £908 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,726 and a rental value of £805 per month.
Over the last 12 months the sale value of 31 Townsend Close Ludlow has decreased by an estimated £4,429 (2.0%) and its rental value has increased by an estimated £30 per month (3.5%), giving an expected gross yield of 4.7%.
31, Townsend Close, Ludlow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 2022.
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, 31, Townsend Close, Ludlow was last sold on 25th October 2022 for £280,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2022, the market for similar properties has dropped 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Townsend Close, Ludlow within a radius of 570 metres over the last 2 years.
The most recent example is 29, Townsend Close, Ludlow, SY8 1UN, a leasehold flat which sold for £230,500 on the 12th July 2022.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Townsend Close, Ludlow, SY8 has a total of 34 addresses. According to our analysis of all the public data, 31, Townsend Close, Ludlow is the 12th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in SY8.
The closest station to 31, Townsend Close, Ludlow is Ludlow station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 31, Townsend Close, Ludlow, 51.5% of property is privately owned outright and 22.4% 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 31, Townsend Close, Ludlow, 9.0% of residents are recorded as possessing school level qualifications and 27.5% 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 31, Townsend Close, 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 31, Townsend Close, Ludlow, 0.7% 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 31, Townsend Close, Ludlow, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
