According to the public record, Bank Crest, Ludlow is a mid-century freehold house and with 764 ft2 of internal area and sits on a 425 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tenbury Road, Clee Hill, Ludlow, SY8 is located within the SY8 postal district.
Bank Crest, Ludlow has 41 entries in the Land Registry database, most recently in December 2022 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 Bank Crest Ludlow as £269,693 and the rental value as £916 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Bank Crest Ludlow has increased by £3,156 (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 Bank Crest, Ludlow is in very good condition we estimate a sale value of £283,177 and rental value of £962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,814 and a rental value of £852 per month.
If you were able to purchase this property for the estimated value of £269,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,325 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, Bank Crest, Ludlow sits on a plot of 425m2.
We have plot size data on 26 out of 45 other houses in the postcode and Bank Crest, Ludlow sits on the 19th largest plot.
According to HM Land Registry, Bank Crest, Ludlow was last sold on 09 Dec 2022 for £233,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2022, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Bank Crest, Ludlow within a radius of 242m over the last 2 years.
The most recent example is 12, Clee Vantage, Ludlow, SY8 3NX, a Freehold house which sold for £285,000 in Sep 2023.
Read more about house prices in SY8.
Tenbury Road, Clee Hill, Ludlow, SY8 has a total of 61 addresses. According to our analysis of all the public data, Bank Crest, Ludlow is the 57th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in SY8.
Bank Crest, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Bank Crest, Ludlow is Ludlow station which is 7.9 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 Bank Crest, 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 Bank Crest, 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 Bank Crest, 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 Bank Crest, 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 Bank Crest, 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.