Area Guide For Ludlow

Ludlow is a business sector town in Shropshire, England, spotted 28 miles (45 km) south of Shrewsbury and 23 miles (37 km) north of Hereford by means of the primary A49 street, which sidesteps the town. With a populace of give or take 11,000 Ludlow is the biggest town in south Shropshire. The town is critical in the historical backdrop of the Welsh Marches and neighboring Wales. The town is arranged at the juncture of the River Corve with the River Teme. The most established part is the medieval walled town, established in the late eleventh century after the Norman triumph of England. It is focused on a little slope which lies on the eastern bank of a twist of the River Teme. On this slope is the site of Ludlow Castle and the ward church, St Laurence's, the biggest in the county. From there the avenues incline descending to the River Teme, and northward to the River Corve. The town is in a shielded spot underneath Mortimer Forest and the Clee Hills, which are obviously obvious from the town.


Ludlow Map

Estimated Price: £259,684
Average Asking Price: £311,168
Price change in last one year: £8,273
Average Price Paid: £217,625
Average Rent Rates: £639


Property Prices Breakdown in Ludlow

Average Price for property in Ludlow is around £259,684 which varies based on type of property you are interested in and ranges from £331,598 for detached house to around £200,946 for semi-detached. Similarly terraced house is around £199,991 and a flat is worth £157,629. Values have been changing and have risen £107 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,060 in last 6 months, £8,273 in last 1 year, £22,372 in last 2 years, £36,176 in last 3 years, £21,497 in last 4 years and £13,915 in last 5 years.

Currently average asking price of a property in Ludlow is around £311,168 based on approximately 249 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 Ludlow is £259,684. Average asking price is £311,168 while average price paid is £228,437 which is up by £8,273 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 Ludlow area. In last 1 year alone average price buyer paid is around £228,437 based on approximately 249 sales in Ludlow area alone. If you compare it to last 3 years sales of 764 properties where buyers paid around £218,646. 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 £217,625 for 1,260 and average amount paid for purchase of approx. 1,693 properties sold in last 7 years comes to about £217,970 per sale.


Properties For Sale in Ludlow


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 £421,990 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 Ludlow 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 £421,990 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 Ludlow area.

Popular Houses in Ludlow

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.

Sold Properties in Ludlow

Browse by Streets in Ludlow

Browse by Outcodes in Ludlow