Cider Mill, Ludlow
Cider Mill, Ludlow
Description & Estimates
Cider Mill, Ludlow appears in the public record as a freehold house sitting on a 1,028 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,259 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Cider Mill, Ludlow is £486,821 and its rental estimate is £1,278 per month, given the available information and assuming reasonable condition.
Castle Road, Richards Castle, Ludlow, SY8 falls within the SY8 postal district.
Our Data Sources
Cider Mill, Ludlow has a single entry in the Land Registry from March 2009 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Cider Mill, Ludlow, we estimate a market value of £511,162 and a rental value of £1,342 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £452,743 and £1,189 per month respectively.
Recent Market Change
Over the last year, Cider Mill, Ludlow has seen its estimated sale value move down by £4,831 (1.0%) and its estimated rental value increase by £47 per month (3.7%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for Cider Mill, Ludlow as measuring 1,028 m2.
That makes it the 10th largest plot in the postcode, where 13 of the 19 other houses have recorded plot data.
Sold Prices
The most recent sale of Cider Mill, Ludlow completed on 6th March 2009 at £292,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 36.9% over the period since March 2009.
- Sold Mar 2009£292,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Cider Mill, Ludlow have sold within a radius of 5.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2023, was 3, Brook Crescent, Ludlow, SY8 4EA, a freehold house which sold for £400,000.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Castle Road, Richards Castle, Ludlow, SY8, Cider Mill, Ludlow comes out as the 13th largest and the 11th most expensive in our analysis of the public data.
It is also £169k more expensive than the average property across the SY8 district.
More reading links
Schools Nearby
- 2.5kmOrleton CofE Primary School
- 3.3kmBishop Hooper Church of England Primary School
- 5.2kmSt Laurence CofE Primary School
- 6.1kmLudlow Church of England School
- 7.7kmWigmore School
- 10.2kmTenbury High Ormiston Academy
More reading links
Public Transport Nearby
From Cider Mill, Ludlow, the nearest station is Ludlow, 5.6 kilometres away.
- 5.6kmLudlow
- 11.0kmLeominster
- 13.6kmHopton Heath
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
