Coal Pit Lane, Wolston, Coventry, CV8

Street Guide For Coal Pit Lane, Wolston, Coventry, CV8

 

Coal Pit Lane, Wolston, Coventry, CV8 Map

Estimated Price: £408,444
Average Asking Price: £384,410
Price change in last one year: £18,655
Average Price Paid: £327,500
Average Rent Rates: £11,646

 

Property Prices Breakdown in Coal Pit Lane, Wolston, Coventry, CV8

Average Price for property in Coal Pit Lane, Wolston, Coventry, CV8 is around £408,444 which varies based on type of property you are interested in and ranges from £401,800 for semi-detached to around £415,088 for terraced house. Values have been changing and have risen £1,768 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,245 in last 6 months, £18,655 in last 1 year, £52,434 in last 2 years, £57,915 in last 3 years, £51,844 in last 4 years and £49,311 in last 5 years.

Currently average asking price of a property in Coal Pit Lane, Wolston, Coventry, CV8 is around £384,410 based on approximately 0 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £11,646 per month.

Estimated property value in Coal Pit Lane, Wolston, Coventry, CV8 is £408,444. Average asking price is £384,410 while average price paid is £327,500 which is up by £57,915 and Avg. asking rent £11,646.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 Coal Pit Lane, Wolston, Coventry, CV8 area. In last 3 years alone average price buyer paid is around £327,500 based on approximately 2 sales in Coal Pit Lane, Wolston, Coventry, CV8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £327,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £327,500 for 2 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 £254,950, £230,275 for a 2 bedroom house, £311,815 for a 3 bedroom house, £505,513 for a 4 bedroom house and £457,843 for a 5 bedroom house. For a flat similarly the prices varies from £165,162 for a single bedroom to £210,395 for a 2 bedroom Flat. To sum up the asking prices for properties in Coal Pit Lane, Wolston, Coventry, CV8 it comes to around average £175,139 for 1 bedroom property, £222,323 for 2 bedroom, £311,815 for 3 bedroom, £505,513 for 4 bedroom and £457,843 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 £342 for 1 bedroom to £750 for 2 bedrooms, £791 for 3 bedrooms, £1,689 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £659. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £873 and £494 for 5 bedroom. You should be generally be expecting around average £580 rent per month for single bedroom property, £832 for 2 bedroom, £791 for 3 bedroom, £1,689 for 4 bedroom and approximately £1,164 for a 5 bedroom property in Coal Pit Lane, Wolston, Coventry, CV8 area.

Popular Houses in Coal Pit Lane, Wolston, Coventry, CV8

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 Coal Pit Lane, Wolston, Coventry, CV8