SY8 1LU is a residential postcode located on Greenacres, Ludlow, SY8. It is the 904th largest postcode in the SY8 area.
It contains 17 houses and 8 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £287,700. Sales values have increased in the last 12 months by 0.9% and Rental values have increased by 3.6%.
Property sale values range from £228,854 for a freehold house, with 2 bedrooms split across 560 square feet of gross internal area and has a garden to £372,470 for a freehold house, with 4 bedrooms split across 1,324 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SY8 1LU is £342/ft2.
Properties achieve a rental yield of between 3.9% and 4.3%, and rental values range from £818 to £1,200 per month.
The last sale was 24 Jun 2024 for £280,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 4 sales since 1995.
SY8 1LU has seen 4 sales in the last three years and 1 sale in the last twelve months.
SY8 1LU is the 904th largest and the 397th most expensive postcode out of the 1,055 postcodes in the SY8 area.
SY8 1LU is the 904th largest and the 397th most expensive postcode out of the 1,055 postcodes in the SY8 area.
SY8 1LU is a residential postcode located on Greenacres, Ludlow, SY8 with 17 houses and 8 unknown within its bounds.
The most common property type in SY8 1LU is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to SY8 1LU is Ludlow station which is 1.3 kilometres away.
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 SY8 1LU, 49.6% of property is privately owned outright and 25.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 SY8 1LU, 9.5% of residents are recorded as possessing school level qualifications and 23.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around SY8 1LU, 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 SY8 1LU, 0.0% 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 SY8 1LU, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.