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According to the public record, The Cottage, Ludlow is a mid-century freehold house with 1,689 ft2 of internal area and sits on a 3,691 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 The Cottage, Ludlow is £548,853 and the estimated rental value is £1,331 per month.
Overton Road, Ludlow, SY8 is located within the SY8 postal district.
The Cottage, Ludlow has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated December 2019.
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 £576,296 and a rental value of £1,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,433 and a rental value of £1,238 per month.
Over the last 12 months the sale value of The Cottage Ludlow has decreased by an estimated £15,009 (2.7%) and its rental value has increased by an estimated £30 per month (2.3%), giving an expected gross yield of 2.9%.
According to data from HM Land Registry, The Cottage, Ludlow sits on a plot of 3691m2.
We have plot size data on 7 out of 11 other houses in the postcode and The Cottage, Ludlow sits on the 2nd largest plot.
The Cottage, Ludlow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, The Cottage, Ludlow was last sold on 29th October 2024 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Cottage, Ludlow within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 9, Dinham, Ludlow, SY8 1EJ, a freehold house which sold for £740,000 on the 26th September 2023.
Read more about house prices in SY8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Overton Road, Ludlow, SY8 has a total of 22 addresses. According to our analysis of all the public data, The Cottage, Ludlow is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in SY8.
The closest station to The Cottage, Ludlow is Ludlow station which is 1.8 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, 60.4% of property is privately owned outright and 17.7% 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 The Cottage, Ludlow, 7.6% of residents are recorded as possessing school level qualifications and 38.2% 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 48.3 and the most common age was 72.
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, 2.7% 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.