According to the public record, 4, Cornbrook, Ludlow is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 925 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cornbrook, Clee Hill, Ludlow, SY8 is located within the SY8 postal district.
4, Cornbrook, Ludlow has a single entry in the Land Registry database from August 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Cornbrook Ludlow as £226,762 and the rental value as £882 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 4 Cornbrook Ludlow has increased by £4,669 (2.1%) and its rental value has increased by £39 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 4, Cornbrook, Ludlow is in very good condition we estimate a sale value of £238,100 and rental value of £927 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,889 and a rental value of £821 per month.
If you were able to purchase this property for the estimated value of £226,762, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,114 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 HM Land Registry, 4, Cornbrook, Ludlow was last sold on 14 Aug 2006 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Cornbrook, Ludlow within a radius of 1.1km 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.
Cornbrook, Clee Hill, Ludlow, SY8 has a total of 11 addresses. According to our analysis of all the public data, 4, Cornbrook, Ludlow is the 8th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in SY8.
The closest station to 4, Cornbrook, Ludlow is Ludlow station which is 9.0 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 4, Cornbrook, 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 4, Cornbrook, 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 4, Cornbrook, 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 4, Cornbrook, 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 4, Cornbrook, 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.