According to the public record, 2, Mawley Bank, Ludlow is a period freehold house and with 796 ft2 of internal area and sits on a 1,373 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mawley Bank, Clee Hill, Ludlow, SY8 is located within the SY8 postal district.
2, Mawley Bank, Ludlow has a single entry in the Land Registry database from September 2017 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 Mawley Bank Ludlow as £274,578 and the rental value as £924 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 2 Mawley Bank Ludlow has increased by £5,654 (2.1%) and its rental value has increased by £41 per month (4.5%).
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, Mawley Bank, Ludlow is in very good condition we estimate a sale value of £288,307 and rental value of £970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,357 and a rental value of £859 per month.
If you were able to purchase this property for the estimated value of £274,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,349 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, Mawley Bank, Ludlow sits on a plot of 1373m2.
We have plot size data on 1 out of 3 other houses in the postcode and 2, Mawley Bank, Ludlow sits on the largest plot.
According to HM Land Registry, 2, Mawley Bank, Ludlow was last sold on 27 Sep 2017 for £192,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 42.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mawley Bank, Ludlow within a radius of 993m over the last 2 years.
The most recent example is 2 Victoria Cottages, Ludlow, SY8 3NB, a Freehold house which sold for £255,000 in Nov 2023.
Read more about house prices in SY8.
Mawley Bank, Clee Hill, Ludlow, SY8 has a total of 3 addresses. According to our analysis of all the public data, 2, Mawley Bank, Ludlow is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in SY8.
2, Mawley Bank, Ludlow has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Sep 2016.
The property is not connected to mains gas and has mostly double glazing. It is heated using an oil fired boiler and radiators.
The closest station to 2, Mawley Bank, Ludlow is Ludlow station which is 8.9 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, Mawley Bank, Ludlow, 61.4% of property is privately owned outright and 22.1% 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, Mawley Bank, Ludlow, 10.5% of residents are recorded as possessing school level qualifications and 34.1% 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, Mawley Bank, 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, Mawley Bank, 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 2, Mawley Bank, 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.