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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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Public records show 38, Springfield Park, Ludlow to be a modern freehold house with 1,235 ft2 of internal area, sitting on a 650 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
38, Springfield Park, Ludlow has an estimated sale value of £302,377 and an estimated rental value of £1,134 per month, assuming reasonable condition and based on the information available.
Springfield Park, Clee Hill, Ludlow, SY8 lies within the SY8 postal district.
38, Springfield Park, Ludlow has 21 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated October 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 38, Springfield Park, Ludlow would be worth £317,495, with a potential rental value of £1,191 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £281,210, with a rental value of £1,055 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 38, Springfield Park, Ludlow has dropped by £3,001 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £42 (3.7%). The property's estimated gross yield is currently 4.5%.
38, Springfield Park, Ludlow occupies a 650 m2 plot as recorded by HM Land Registry.
Of the 46 other houses in this postcode, 29 have recorded plot sizes, and this one ranks as the 2nd largest.
38, Springfield Park, Ludlow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
38, Springfield Park, Ludlow last changed hands on 28th February 2014, selling for £230,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 58.5% since February 2014.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.5 kilometres of 38, Springfield Park, Ludlow across the last 2 years.
Most recently, 23, Springfield Park, Ludlow, SY8 3QY, a freehold house, sold at £275,000 on the 6th December 2024.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 38, Springfield Park, Ludlow as the 2nd largest and the 14th most expensive of the 46 addresses on Springfield Park, Clee Hill, Ludlow, SY8.
Against the SY8 postcode district average, it is £16k less expensive than the typical property.
Ludlow station is the nearest stop to 38, Springfield Park, Ludlow at 8.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, 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 38, 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 38, 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 38, 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 38, 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.
