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According to the public record, 8 Farthings Court, Kings Loade, Bridgnorth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 631 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8 Farthings Court, Kings Loade, Bridgnorth is £119,628 and the estimated rental value is £611 per month.
The apartment is within 8, Kings Loade, Bridgnorth, WV16.
Kings Loade, Bridgnorth, WV16 is located within the WV16 postal district.
8 Farthings Court, Kings Loade, Bridgnorth has 2 entries in the Land Registry , most recently in November 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 8 Farthings Court, Kings Loade, Bridgnorth is in very good condition we estimate a sale value of £125,609 and a rental value of £642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,254 and a rental value of £568 per month.
Over the past 12 months, the estimated sale value of 8 Farthings Court, Kings Loade, Bridgnorth has decreased by £1,429 (1.2%), while its estimated rental value has grown by £15 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 6.1%.
According to HM Land Registry, 8 Farthings Court, Kings Loade, Bridgnorth was last sold on 28th November 2014 for £124,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2014, the market for similar properties has risen by 70.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Farthings Court, Kings Loade, Bridgnorth within a radius of 680 metres over the last 2 years.
The most recent example is 28 Farthings Court, Kings Loade, Bridgnorth, WV16 4DA, a leasehold flat which sold for £119,000 on the 31st August 2022.
Read more about house prices in WV16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Loade, Bridgnorth, WV16 has a total of 101 addresses. According to our analysis of all the public data, 8 Farthings Court, Kings Loade, Bridgnorth is the 49th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in WV16.
The closest station to 8 Farthings Court, Kings Loade, Bridgnorth is Cosford station, which is 14.9 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 8 Farthings Court, Kings Loade, Bridgnorth, 69.3% of property is privately owned outright and 23.3% 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 8 Farthings Court, Kings Loade, Bridgnorth, 11.5% of residents are recorded as possessing school level qualifications and 29.8% 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 8 Farthings Court, Kings Loade, Bridgnorth, the average age was 48.1 and the most common age was 52.
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 8 Farthings Court, Kings Loade, Bridgnorth, 1.9% 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 8 Farthings Court, Kings Loade, Bridgnorth, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.