According to the public record, Willow Cottage, Ludlow is a period freehold house and with 731 ft2 of internal area and sits on a 331 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cornbrook, Clee Hill, Ludlow, SY8 is located within the SY8 postal district.
Willow Cottage, Ludlow has 21 entries in the Land Registry database, most recently in February 2019 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 Willow Cottage Ludlow as £254,676 and the rental value as £898 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Willow Cottage Ludlow has increased by £5,244 (2.1%) and its rental value has increased by £40 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 Willow Cottage, Ludlow is in very good condition we estimate a sale value of £267,410 and rental value of £943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,849 and a rental value of £835 per month.
If you were able to purchase this property for the estimated value of £254,676, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,252 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, Willow Cottage, Ludlow sits on a plot of 331m2.
We have plot size data on 5 out of 10 other houses in the postcode and Willow Cottage, Ludlow sits on the 5th largest plot.
According to HM Land Registry, Willow Cottage, Ludlow was last sold on 28 Feb 2019 for £185,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 37.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Willow Cottage, Ludlow within a radius of 1.1km over the last 2 years.
The most recent example is Bank Crest, Tenbury Road, Ludlow, SY8 3NE, a Freehold house which sold for £233,000 in Dec 2022.
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, Willow Cottage, Ludlow is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in SY8.
Willow Cottage, Ludlow has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to Willow Cottage, 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 Willow 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 Willow 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 Willow 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 Willow 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 Willow 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.