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According to the public record, Bridge Cottage, Ludlow is a modern freehold house with 2,002 ft2 of internal area and sits on a 1,390 m2 plot.
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 Bridge Cottage, Ludlow is £475,184 and the estimated rental value is £1,353 per month.
Middleton, Ludlow, SY8 is located within the SY8 postal district.
Bridge Cottage, Ludlow has 2 entries in the Land Registry , most recently in January 2020 and a single entry in the EPC database dated March 2016.
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 Bridge Cottage, Ludlow is in very good condition we estimate a sale value of £498,943 and a rental value of £1,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,921 and a rental value of £1,258 per month.
Over the last 12 months the sale value of Bridge Cottage Ludlow has decreased by an estimated £18,937 (4.0%) and its rental value has increased by an estimated £22 per month (1.6%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, Bridge Cottage, Ludlow sits on a plot of 1390m2.
We have plot size data on 4 out of 8 other houses in the postcode and Bridge Cottage, Ludlow sits on the largest plot.
Bridge Cottage, Ludlow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2016.
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, Bridge Cottage, Ludlow was last sold on 21st January 2020 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2020, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Bridge Cottage, Ludlow within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 62, Julian Road, Ludlow, SY8 1HD, a freehold house which sold for £475,000 on the 31st July 2020.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Middleton, Ludlow, SY8 has a total of 41 addresses. According to our analysis of all the public data, Bridge Cottage, Ludlow is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £161k more expensive than the average property in SY8.
The closest station to Bridge Cottage, Ludlow is Ludlow station which is 3.1 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 Bridge Cottage, Ludlow, 38.9% of property is privately rented and 33.6% is privately owned outright.
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 Bridge Cottage, Ludlow, 18.2% of residents are recorded as possessing school level qualifications and 33.7% 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 Bridge Cottage, Ludlow, the average age was 47.2 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 Bridge Cottage, Ludlow, 0.6% 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 Bridge Cottage, 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.