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Apartments 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 Big Class, School House, Ludlow is £164,818 and the estimated rental value is £695 per month.
The apartment is within School House, Coreley, Ludlow, SY8.
Coreley, Ludlow, SY8 is located within the SY8 postal district.
Big Class, School House, Ludlow has 21 entries in the Land Registry , most recently in February 2020 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Big Class, School House, Ludlow is in very good condition we estimate a sale value of £173,059 and a rental value of £730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,281 and a rental value of £647 per month.
Over the last 12 months the sale value of Big Class School House Ludlow has decreased by an estimated £1,721 (1.0%) and its rental value has increased by an estimated £32 per month (4.6%), giving an expected gross yield of 5.1%.
Big Class, School House, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Mar 2017.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Big Class, School House, Ludlow was last sold on 28th February 2020 for £312,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2020, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 5.5 kilometres radius of Big Class, School House, Ludlow over the last 2 years.
The most recent example is Brick House Barn, Ludlow, SY8 3AP, a freehold house which sold for £12,000 on the 1st March 2018.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coreley, Ludlow, SY8 has a total of 70 addresses. According to our analysis of all the public data, Big Class, School House, Ludlow is the 57th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in SY8.
The closest station to Big Class, School House, Ludlow is Ludlow station which is 9.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Big Class, School House, Ludlow, 61.4% of property is privately owned outright and 22.1% 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 Big Class, School House, Ludlow, 10.5% of residents are recorded as possessing school level qualifications and 34.1% 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 Big Class, School House, 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 Big Class, School House, Ludlow, 1.0% 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 Big Class, School House, Ludlow, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.