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Registered Address: 2 Leman St, London E1 8FA
According to the public record, Mitnell Villa, Ludlow is a period freehold house with 1,593 ft2 of internal area and sits on a 5,949 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 Mitnell Villa, Ludlow is £534,742 and the estimated rental value is £1,329 per month.
Richards Castle, Ludlow, SY8 is located within the SY8 postal district.
Mitnell Villa, Ludlow has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated May 2018.
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 Mitnell Villa, Ludlow is in very good condition we estimate a sale value of £561,480 and a rental value of £1,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,310 and a rental value of £1,236 per month.
Over the last 12 months the sale value of Mitnell Villa Ludlow has decreased by an estimated £21,310 (4.0%) and its rental value has increased by an estimated £22 per month (1.6%), giving an expected gross yield of 3%.
According to data from HM Land Registry, Mitnell Villa, Ludlow sits on a plot of 5949m2.
We have plot size data on 4 out of 11 other houses in the postcode and Mitnell Villa, Ludlow sits on the largest plot.
Mitnell Villa, Ludlow has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Boiler and radiators, dual fuel (mineral and wood).
According to HM Land Registry, Mitnell Villa, Ludlow was last sold on 16th August 2019 for £480,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mitnell Villa, Ludlow within a radius of 4.7 kilometres over the last 2 years.
The most recent example is Spout House, Castle Road, Ludlow, SY8 4EW, a freehold house which sold for £642,500 on the 17th April 2023.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richards Castle, Ludlow, SY8 has a total of 98 addresses. According to our analysis of all the public data, Mitnell Villa, Ludlow is the 66th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in SY8.
The closest station to Mitnell Villa, Ludlow is Ludlow station which is 5.2 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 Mitnell Villa, Ludlow, 60.6% of property is privately owned outright and 20.0% 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 Mitnell Villa, Ludlow, 15.1% of residents are recorded as possessing school level qualifications and 41.4% 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 Mitnell Villa, 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 Mitnell Villa, Ludlow, 2.2% 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 Mitnell Villa, 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.
