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According to the public record, 9, Springfields, Ludlow is a early-century freehold house with 957 ft2 of internal area and sits on a 528 m2 plot.
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 9, Springfields, Ludlow is £244,711 and the estimated rental value is £1,001 per month.
Springfields, Richards Castle, Ludlow, SY8 is located within the SY8 postal district.
9, Springfields, Ludlow has 31 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated September 2015.
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.
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 9, Springfields, Ludlow is in very good condition we estimate a sale value of £256,947 and a rental value of £1,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,581 and a rental value of £931 per month.
Over the last 12 months the sale value of 9 Springfields Ludlow has decreased by an estimated £4,241 (1.7%) and its rental value has increased by an estimated £39 per month (3.9%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 9, Springfields, Ludlow sits on a plot of 528m2.
We have plot size data on 10 out of 10 other houses in the postcode and 9, Springfields, Ludlow sits on the 6th largest plot.
9, Springfields, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 9, Springfields, Ludlow was last sold on 4th December 2015 for £198,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2015, the market for similar properties has risen 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Springfields, Ludlow within a radius of 5.0 kilometres over the last 2 years.
The most recent example is 5, Orchard Rise, Ludlow, SY8 4EZ, a freehold house which sold for £267,500 on the 23rd October 2023.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfields, Richards Castle, Ludlow, SY8 has a total of 10 addresses. According to our analysis of all the public data, 9, Springfields, Ludlow is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in SY8.
The closest station to 9, Springfields, Ludlow is Ludlow station which is 5.7 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 9, Springfields, Ludlow, 66.1% of property is privately owned outright and 20.7% 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 9, Springfields, Ludlow, 13.7% of residents are recorded as possessing school level qualifications and 43.7% 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 9, Springfields, Ludlow, the average age was 49.2 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 9, Springfields, 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 9, Springfields, Ludlow, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.