According to the public record, Brookrow Cottage, Ludlow is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,581 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Coreley, Ludlow, SY8 is located within the SY8 postal district.
Brookrow Cottage, Ludlow has a single entry in the Land Registry database from June 2008 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 Brookrow Cottage Ludlow as £1,072,443 and the rental value as £2,723 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Brookrow Cottage Ludlow has decreased by £9,149 (0.9%) and its rental value has increased by £40 per month (1.5%).
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 Brookrow Cottage, Ludlow is in very good condition we estimate a sale value of £1,126,065 and rental value of £2,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £997,372 and a rental value of £2,533 per month.
If you were able to purchase this property for the estimated value of £1,072,443, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,271 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, Brookrow Cottage, Ludlow was last sold on 06 Jun 2008 for £553,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 64.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Brookrow Cottage, Ludlow within a radius of 5.4 kilometres over the last 2 years.
The most recent example is The Oaks, Ludlow, SY8 3AW, a Freehold house which sold for £583,385 in Mar 2021.
Read more about house prices in SY8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coreley, Ludlow, SY8 has a total of 70 addresses. According to our analysis of all the public data, Brookrow Cottage, Ludlow is the 8th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £731k more expensive than the average property in SY8.
The closest station to Brookrow Cottage, Ludlow is Ludlow station which is 9.3 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 Brookrow Cottage, 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 Brookrow Cottage, 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 Brookrow Cottage, 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 Brookrow Cottage, 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 Brookrow Cottage, 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.