Flat 38, Burgess Court Gravel Hill, Ludlow, SY8 1QW is a leasehold flat built between 2003-2006. The property offers approximately 743 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £155,335 , which equates to approximately £209 per square foot. It was last sold on 23 Aug 2022 for £150,000. Since then, the value has increased by £5,335, representing a 3.6% increase, or approximately 1.1% per year.

The current estimated value of £155,335 is:

  • 45.7% lower than the average property price on Gravel Hill
  • 19.3% higher than the average in the SY8 1QW postcode area
  • and 49.9% lower than the average price for Ludlow as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 8 January 2014, the property was recorded as owner-occupied.

View sold house prices in SY8 1QW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£155,335
Price Per sq ft (estimate)
£209
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 38, Burgess Court Gravel Hill, Ludlow, Shropshire, SY8 1QW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 8 Jan 2014.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Aug 2013, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 2.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric instantaneous at point of use to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 22% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SY8 1QW

5 th / 48
Price Rank
19% higher than average
3 rd / 48
Size Rank
30% bigger than average
37 th / 48
Price Per Sq FT Rank
8% lower than average

Compared to other properties in SY8 1QW , this flat's estimated value ranks 5th out of 48. Based on price per square foot, it ranks 37th out of 48 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 48 properties in its postcode area.

Sale History

Today
£155,335
streetscan.co.uk estimate
+4 %
23 Aug 2022
£150,000
Leasehold
-10.2 %
3 Aug 2016
£167,000
Leasehold
-6.7 %
8 Nov 2013
£179,000
Leasehold
-9.3 %
26 May 2006
£197,450
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £133,000
sale date: 21 Jun 2024
rooms: 3
size: 743 sq ft
sale price: £142,000
sale date: 24 Oct 2023
rooms: 3
size: 646 sq ft
sale price: £108,000
sale date: 10 May 2023
rooms: 3
size: 807 sq ft
sale price: £127,500
sale date: 7 Mar 2023
rooms: 3
size: 635 sq ft
sale price: £145,000
sale date: 1 Mar 2023

Data Sources

The property at Flat 38, Burgess Court Gravel Hill, Ludlow, SY8 1QW appears four times in the Land Registry records, with the latest transaction recorded on 23 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jan 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.