Balmoral Close, Coventry, CV2

Street Guide For Balmoral Close, Coventry, CV2

 
 

Balmoral Close, Coventry, CV2 Map

Estimated Price: £98,226
Average Asking Price: £149,887
Price change in last one year: £4,132
Average Price Paid: £81,266
Average Rent Rates: £1,215

Free House valuation

 

Property Prices Breakdown in Balmoral Close, Coventry, CV2

Average Price for property in Balmoral Close, Coventry, CV2 is around £98,226 which varies based on type of property you are interested in and ranges from £70,112 for detached house to around £193,075 for semi-detached. Similarly terraced house is around £79,139 and a flat is worth £76,081. Values have been changing and have risen £16 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £955 in last 6 months, £4,132 in last 1 year, £11,103 in last 2 years, £13,108 in last 3 years, £12,071 in last 4 years and £10,620 in last 5 years.

Currently average asking price of a property in Balmoral Close, Coventry, CV2 is around £149,887 based on approximately 2 properties for sale. Same is the case with rental options based on 244 properties up for rent, average asking rent is around £1,215 per month.

Estimated property value in Balmoral Close, Coventry, CV2 is £98,226. Average asking price is £149,887 while average price paid is £60,300 which is up by £4,132 and Avg. asking rent £1,215.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 Balmoral Close, Coventry, CV2 area. In last 1 year alone average price buyer paid is around £60,300 based on approximately 2 sales in Balmoral Close, Coventry, CV2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £85,520. 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 £81,266 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £78,657 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 £97,488, £107,839 for a 2 bedroom house, £145,614 for a 3 bedroom house, £193,931 for a 4 bedroom house and £328,300 for a 5 bedroom house. For a flat similarly the prices varies from £83,300 for a single bedroom to £89,224 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £82,725. To sum up the asking prices for properties in Balmoral Close, Coventry, CV2 it comes to around average £91,407 for 1 bedroom property, £101,722 for 2 bedroom, £144,344 for 3 bedroom, £193,931 for 4 bedroom and £328,300 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 £425 for 1 bedroom to £614 for 2 bedrooms, £862 for 3 bedrooms, £1,119 for 4 bedrooms and £1,577 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £418. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £685. You should be generally be expecting around average £421 rent per month for single bedroom property, £636 for 2 bedroom, £862 for 3 bedroom, £1,119 for 4 bedroom and approximately £1,577 for a 5 bedroom property in Balmoral Close, Coventry, CV2 area.

Popular Houses in Balmoral Close, Coventry, CV2

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 Balmoral Close, Coventry, CV2