Flat 7, 1 Tower Street, Ludlow, SY8 1RL is a leasehold flat built between 1991-1995. The property offers approximately 549 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £115,141 , which equates to approximately £210 per square foot. It was last sold on 12 Dec 2013 for £80,000. Since then, the value has increased by £35,141, representing a 43.9% increase, or approximately 3.7% per year.

The current estimated value of £115,141 is:

  • 55.2% lower than the average property price on Tower Street
  • 60.8% lower than the average in the SY8 1RL postcode area
  • and 62.9% lower than the average price for Ludlow as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 22 June 2022, the property was recorded as rented.

View sold house prices in SY8 1RL

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£115,141
Price Per sq ft (estimate)
£210
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 1 Tower Street, Ludlow, Shropshire, SY8 1RL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 22 Jun 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Oct 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 29.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The roof energy efficiency changing from good to average, with the construction or insulation remaining pitched, insulated (assumed).
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 83% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to SY8 1RL

14 th / 17
Price Rank
61% lower than average
5 th / 10
Size Rank
50% smaller than average
7 th / 10
Price Per Sq FT Rank
21% lower than average

Compared to other properties in SY8 1RL , this flat's estimated value ranks 14th out of 17. Based on price per square foot, it ranks 7th out of 10 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 5th out of 10 properties in its postcode area.

Sale History

Today
£115,141
streetscan.co.uk estimate
+44 %
12 Dec 2013
£80,000
Leasehold
-31.9 %
20 Oct 2006
£117,500
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 420 sq ft
sale price: £83,000
sale date: 7 Aug 2024
rooms: 2
size: 431 sq ft
sale price: £89,000
sale date: 13 Mar 2020
rooms: 2
size: 334 sq ft
sale price: £72,000
sale date: 28 Apr 2016
rooms: 3
size: 549 sq ft
sale price: £97,500
sale date: 12 Dec 2013
rooms: 2
size: 366 sq ft
sale price: £98,950
sale date: 1 Jun 2006

Data Sources

The property at Flat 7, 1 Tower Street, Ludlow, SY8 1RL appears two times in the Land Registry records, with the latest transaction recorded on 12 Dec 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jun 2022. 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.