According to the public record, Mill Farm, Ludlow is a period house with 1,496 ft2 of internal area and sits on a 1,752 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bitterley, Ludlow, SY8 is located within the SY8 postal district.
Mill Farm, Ludlow has no records in the Land Registry database and no records in the EPC database.
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 Mill Farm Ludlow as £469,123 and the rental value as £1,203 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Mill Farm Ludlow has decreased by £4,169 (0.9%) and its rental value has increased by £18 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 Mill Farm, Ludlow is in very good condition we estimate a sale value of £492,579 and rental value of £1,263 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,284 and a rental value of £1,119 per month.
If you were able to purchase this property for the estimated value of £469,123, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,306 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, Mill Farm, Ludlow sits on a plot of 1752m2.
We have plot size data on 8 out of 12 other houses in the postcode and Mill Farm, Ludlow sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mill Farm, Ludlow within a radius of 1.5km over the last 2 years.
The most recent example is The Granary, Angel Bank, Ludlow, SY8 3EY, a Freehold house which sold for £350,000 in Jan 2021.
Read more about house prices in SY8.
Bitterley, Ludlow, SY8 has a total of 54 addresses. According to our analysis of all the public data, Mill Farm, Ludlow is the 24th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in SY8.
Mill Farm, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jul 2023.
The property is not connected to mains gas and has partial secondary glazing. It is heated using an oil fired boiler and radiators.
The closest station to Mill Farm, Ludlow is Ludlow station which is 5.3 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 Mill Farm, Ludlow, 38.9% of property is privately rented and 33.6% is privately owned outright.
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 Mill Farm, Ludlow, 18.2% of residents are recorded as possessing school level qualifications and 33.7% 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 Mill Farm, Ludlow, the average age was 47.2 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 Mill Farm, 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 Mill Farm, 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.