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According to the public record, The Cottage, Ludlow is a modern freehold house with 876 ft2 of internal area and sits on a 1,350 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Cottage, Ludlow is £740,171 and the estimated rental value is £2,104 per month.
Millbrook Way, Orleton, Ludlow, SY8 is located within the SY8 postal district.
The Cottage, Ludlow has 31 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated May 2010.
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 The Cottage, Ludlow is in very good condition we estimate a sale value of £777,180 and a rental value of £2,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £688,359 and a rental value of £1,956 per month.
Over the last 12 months the sale value of The Cottage Ludlow has decreased by an estimated £7,346 (1.0%) and its rental value has increased by an estimated £77 per month (3.7%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, The Cottage, Ludlow sits on a plot of 1350m2.
We have plot size data on 25 out of 32 other houses in the postcode and The Cottage, Ludlow sits on the 5th largest plot.
The Cottage, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2010.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, The Cottage, Ludlow was last sold on 20th August 2010 for £499,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2010, the market for similar properties has risen 38.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 5.3 kilometres radius of The Cottage, Ludlow over the last 2 years.
The most recent example is 1, Damson Close, Ludlow, SY8 4JP, a freehold house which sold for £220,000 on the 12th October 2021.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millbrook Way, Orleton, Ludlow, SY8 has a total of 32 addresses. According to our analysis of all the public data, The Cottage, Ludlow is the 24th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £422k more expensive than the average property in SY8.
The closest station to The Cottage, Ludlow is Ludlow station which is 8.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around The Cottage, Ludlow, 65.8% of property is privately owned outright and 15.1% 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 The Cottage, Ludlow, 12.2% of residents are recorded as possessing school level qualifications and 41.0% 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 The Cottage, Ludlow, the average age was 49.2 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 The Cottage, Ludlow, 1.0% 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 The Cottage, Ludlow, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.