Flat 1, 18
Flat 1, 18
Description & Estimates
Flat 1, 18, Ludgate Street, Dudley is recorded publicly as a modern Leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 18, Ludgate Street, Dudley is £225,277 and its rental estimate is £1,362 per month, given the available information and assuming reasonable condition.
18, Ludgate Street is a residential building on Ludgate Street, Dudley, DY1 and falls within the DY1 postal district and the borough of Dudley.
Our Data Sources
Flat 1, 18, Ludgate Street, Dudley has 21 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated October 2022.
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.
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 Flat 1, 18, Ludgate Street, Dudley, we estimate a market value of £236,541 and a rental value of £1,430 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,508 and £1,267 per month respectively.
Recent Market Change
Over the last year, Flat 1, 18, Ludgate Street, Dudley has seen its estimated sale value decline by £8 (0.0%) and its estimated rental value climb by £23 per month (1.7%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
Flat 1, 18, Ludgate Street, Dudley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 18, Ludgate Street, Dudley completed on 5th May 2023 at £220,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 19.9% over the period since May 2023.
- Sold May 2023£220,000
- Sold Sep 2000£22,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 580 metres of Flat 1, 18, Ludgate Street, Dudley, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2022, was 5 Farthings Lodge, Wellington Road, Dudley, DY1 1RD, a leasehold flat which sold for £65,000.
Read more about house prices in DY1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Ludgate Street, Dudley, DY1, Flat 1, 18, Ludgate Street, Dudley comes out as the largest and the most expensive in our analysis of the public data.
It is also £13k more expensive than the average property across the DY1 district.
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Schools Nearby
- 300mJesson's Church of England Primary School
- 500mBlowers Green Primary School
- 1.2kmPriory Primary School
- 600mSt James Academy
- 800mPegasus Academy
- 1.3kmBishop Milner Catholic College
More reading links
Public Transport Nearby
From Flat 1, 18, Ludgate Street, Dudley, the nearest station is Tipton, 3.1 kilometres away.
- 3.1kmTipton
- 3.5kmDudley Port
- 4.1kmCoseley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
