According to the public record, 3, Golden Cross Lane, Ludlow is a mid-century freehold house and with 818 ft2 of internal area and sits on a 470 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Golden Cross Lane, Clee Hill, Ludlow, SY8 is located within the SY8 postal district.
3, Golden Cross Lane, Ludlow has a single entry in the Land Registry database from December 2021 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 3 Golden Cross Lane Ludlow as £221,526 and the rental value as £894 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 Golden Cross Lane Ludlow has increased by £2,592 (1.2%) and its rental value has increased by £33 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 3, Golden Cross Lane, Ludlow is in very good condition we estimate a sale value of £232,603 and rental value of £939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,020 and a rental value of £831 per month.
If you were able to purchase this property for the estimated value of £221,526, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,089 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, 3, Golden Cross Lane, Ludlow sits on a plot of 470m2.
We have plot size data on 5 out of 10 other houses in the postcode and 3, Golden Cross Lane, Ludlow sits on the 3rd largest plot.
According to HM Land Registry, 3, Golden Cross Lane, Ludlow was last sold on 16 Dec 2021 for £188,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Golden Cross Lane, Ludlow within a radius of 371m over the last 2 years.
The most recent example is 2, Coronation Terrace, Ludlow, SY8 3NF, a Freehold house which sold for £190,000 in Dec 2021.
Read more about house prices in SY8.
Golden Cross Lane, Clee Hill, Ludlow, SY8 has a total of 10 addresses. According to our analysis of all the public data, 3, Golden Cross Lane, Ludlow is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in SY8.
3, Golden Cross Lane, Ludlow has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 3, Golden Cross Lane, Ludlow is Ludlow station which is 7.8 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 3, Golden Cross Lane, Ludlow, 60.7% of property is privately owned outright and 22.9% 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 3, Golden Cross Lane, Ludlow, 17.8% of residents are recorded as possessing school level qualifications and 21.8% 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 3, Golden Cross Lane, 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 3, Golden Cross Lane, Ludlow, 0.6% 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 3, Golden Cross Lane, 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.