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Culmington House, Ludlow appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 2,960 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Culmington House, Ludlow is £543,077 and its rental estimate is £1,731 per month, given the available information and assuming reasonable condition.
Culmington, Ludlow, SY8 falls within the SY8 postal district.
Culmington House, Ludlow has 2 entries in the Land Registry , most recently in November 2022 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 5 out of 5 and is considered of high accuracy.
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 Culmington House, Ludlow, we estimate a market value of £570,231 and a rental value of £1,818 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £505,061 and £1,610 per month respectively.
Over the last year, Culmington House, Ludlow has seen its estimated sale value move down by £13,259 (2.4%) and its estimated rental value increase by £40 per month (2.3%). This results in an estimated gross rental yield of 3.8%.
The most recent sale of Culmington House, Ludlow completed on 4th November 2022 at £1,825,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 2.8% over the period since November 2022.
Over the past 2 years 3 properties have sold within 6.3 kilometres of Culmington House, Ludlow, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2022, was 8, Ludlow, SY8 2DB, 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.
Of the 64 addresses on Culmington, Ludlow, SY8, Culmington House, Ludlow comes out as the 2nd largest and the 5th most expensive in our analysis of the public data.
It is also £225k more expensive than the average property across the SY8 district.
From Culmington House, Ludlow, the nearest station is Craven Arms, 6.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Culmington House, Ludlow, 64.5% of property is privately owned outright and 18.7% 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 Culmington House, Ludlow, 13.8% of residents are recorded as possessing school level qualifications and 39.5% 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 Culmington House, 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 Culmington House, Ludlow, 0.3% 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 Culmington 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.