According to the public record, Bankside, Ludlow is a mid-century house with 1,227 ft2 of internal area and sits on a 862 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sheet Road, Ludlow, SY8 is located within the SY8 postal district.
Bankside, Ludlow has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2012.
We combine this information with public data 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 Bankside Ludlow as £447,898 and the rental value as £1,169 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Bankside Ludlow has increased by £3,822 (0.9%) and its rental value has increased by £42 per month (3.6%).
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 Bankside, Ludlow is in very good condition we estimate a sale value of £470,293 and rental value of £1,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £416,545 and a rental value of £1,087 per month.
If you were able to purchase this property for the estimated value of £447,898, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,201 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, Bankside, Ludlow sits on a plot of 862m2.
We have plot size data on 5 out of 10 other houses in the postcode and Bankside, Ludlow sits on the 4th largest plot.
According to HM Land Registry, Bankside, Ludlow was last sold on 22 Sep 1995 for £85,000 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 Bankside, Ludlow within a radius of 720 metres over the last 2 years.
The most recent example is 7, Steventon New Road, Ludlow, SY8 1LB, a Freehold house which sold for £425,000 in Jun 2022.
Read more about house prices in SY8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheet Road, Ludlow, SY8 has a total of 70 addresses. According to our analysis of all the public data, Bankside, Ludlow is the 20th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in SY8.
Bankside, Ludlow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Bankside, Ludlow is Ludlow station which is 1.0 kilometres 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 Bankside, Ludlow, 61.2% of property is privately owned outright and 19.4% 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 Bankside, Ludlow, 9.2% of residents are recorded as possessing school level qualifications and 26.3% 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 Bankside, Ludlow, the average age was 48.3 and the most common age was 72.
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 Bankside, Ludlow, 0.0% 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 Bankside, Ludlow, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.