According to the public record, 2, Catherton Close, Ludlow is a modern freehold house and with 731 ft2 of internal area and sits on a 340 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Catherton Close, Clee Hill, Ludlow, SY8 is located within the SY8 postal district.
2, Catherton Close, Ludlow has a single entry in the Land Registry database from May 2018 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Catherton Close Ludlow as £264,922 and the rental value as £932 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 2 Catherton Close Ludlow has increased by £3,100 (1.2%) and its rental value has increased by £34 per month (3.7%).
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 2, Catherton Close, Ludlow is in very good condition we estimate a sale value of £278,168 and rental value of £978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,378 and a rental value of £867 per month.
If you were able to purchase this property for the estimated value of £264,922, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,302 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Catherton Close, Ludlow sits on a plot of 340m2.
We have plot size data on 14 out of 14 other houses in the postcode and 2, Catherton Close, Ludlow sits on the 13th largest plot.
According to HM Land Registry, 2, Catherton Close, Ludlow was last sold on 31 May 2018 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 34.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Catherton Close, Ludlow within a radius of 123m over the last 2 years.
The most recent example is 22, Highnam Crescent, Ludlow, SY8 3RE, a Freehold house which sold for £355,000 in Aug 2023.
Read more about house prices in SY8.
Catherton Close, Clee Hill, Ludlow, SY8 has a total of 14 addresses. According to our analysis of all the public data, 2, Catherton Close, Ludlow is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in SY8.
2, Catherton Close, Ludlow has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 01 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to 2, Catherton Close, Ludlow is Ludlow station which is 8.0 km 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 2, Catherton Close, Ludlow, 66.1% of property is privately owned outright and 21.2% 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 2, Catherton Close, Ludlow, 8.9% of residents are recorded as possessing school level qualifications and 26.5% 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 2, Catherton Close, 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 2, Catherton Close, Ludlow, 1.8% 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 2, Catherton Close, 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.