Corve Street, Ludlow, SY8

Street Guide For Corve Street, Ludlow, SY8

 

Corve Street, Ludlow, SY8 Map

Estimated Price: £309,522
Average Asking Price: £312,803
Price change in last one year: £7,956
Average Price Paid: £249,608
Average Rent Rates: £639

 

Property Prices Breakdown in Corve Street, Ludlow, SY8

Average Price for property in Corve Street, Ludlow, SY8 is around £309,522 which varies based on type of property you are interested in and ranges from £432,863 for detached house to around £314,348 for semi-detached. Similarly terraced house is around £324,813 and a flat is worth £137,647. Values have been changing and have risen £510 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,483 in last 6 months, £7,956 in last 1 year, £18,936 in last 2 years, £25,490 in last 3 years, £20,374 in last 4 years and £14,359 in last 5 years.

Currently average asking price of a property in Corve Street, Ludlow, SY8 is around £312,803 based on approximately 5 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £639 per month.

Estimated property value in Corve Street, Ludlow, SY8 is £309,522. Average asking price is £312,803 while average price paid is £367,200 which is up by £7,956 and Avg. asking rent £639.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Corve Street, Ludlow, SY8 area. In last 1 year alone average price buyer paid is around £367,200 based on approximately 5 sales in Corve Street, Ludlow, SY8 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £271,366. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £249,608 for 23 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £253,390 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £108,750, £176,658 for a 2 bedroom house, £334,272 for a 3 bedroom house, £376,788 for a 4 bedroom house and £408,738 for a 5 bedroom house. For a flat similarly the prices varies from £111,875 for a single bedroom to £144,125 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £199,950. To sum up the asking prices for properties in Corve Street, Ludlow, SY8 it comes to around average £110,833 for 1 bedroom property, £168,525 for 2 bedroom, £334,272 for 3 bedroom, £366,964 for 4 bedroom and £408,738 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £477 for 1 bedroom to £538 for 2 bedroom, £733 for 3 bedroom and £1,086 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £461. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £537. You should be generally be expecting around average £469 rent per month for single bedroom property, £538 for 2 bedroom, £733 for 3 bedroom and approximately £1,086 for 4 bedroom property in Corve Street, Ludlow, SY8 area.

Popular Houses in Corve Street, Ludlow, SY8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Corve Street, Ludlow, SY8