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According to the public record, 7, Corn Mill Road, Ludlow is a modern freehold house with 1,377 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Corn Mill Road, Ludlow is £395,456 and the estimated rental value is £1,273 per month.
Corn Mill Road, Steventon, Ludlow, SY8 is located within the SY8 postal district.
7, Corn Mill Road, Ludlow has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated February 2024.
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 7, Corn Mill Road, Ludlow is in very good condition we estimate a sale value of £415,229 and a rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,774 and a rental value of £1,184 per month.
Over the last 12 months the sale value of 7 Corn Mill Road Ludlow has decreased by an estimated £15,760 (4.0%) and its rental value has increased by an estimated £21 per month (1.6%), giving an expected gross yield of 3.9%.
7, Corn Mill Road, Ludlow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Feb 2024.
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, 7, Corn Mill Road, Ludlow was last sold on 26th April 2024 for £415,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Corn Mill Road, Ludlow within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 9, Corn Mill Road, Ludlow, SY8 4BL, a freehold house which sold for £400,000 on the 25th October 2024.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corn Mill Road, Steventon, Ludlow, SY8 has a total of 29 addresses. According to our analysis of all the public data, 7, Corn Mill Road, Ludlow is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in SY8.
The closest station to 7, Corn Mill Road, Ludlow is Ludlow station which is 1.7 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 7, Corn Mill Road, Ludlow, 60.4% of property is privately owned outright and 17.7% 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 7, Corn Mill Road, Ludlow, 7.6% of residents are recorded as possessing school level qualifications and 38.2% 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 7, Corn Mill Road, 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 7, Corn Mill Road, Ludlow, 2.7% 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 7, Corn Mill Road, 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.