Coalville

Area Guide For Coalville

Coalville is a town in North West Leicestershire, England, with a population estimated in 2003 to be almost 33,000. It is situated on the A511 trunk road between Leicester and Burton upon Trent, close to junction 22 of the M1 motorway where the A511 meets the A50 between Ashby-de-la-Zouch and Leicester. Coalville is the administrative centre for North West Leicestershire District Council and a market town for the district; it borders the upland area of Charnwood Forest which lies to the town's east. It is twinned with Romans-sur-Isre in South East France. As the name indicates, Coalville is a former coal mining town, with name coming from the name of the house of the owner of Whitwick Colliery, Coalville House. Coal has been mined in the area since medieval times and mine workings from these times can be found on the Hough Mill site at Swannington near the Califat Colliery site. A life-sized horse gin has been built on the Hough Mill site and craters can be seen in the ground, where the medieval villagers dug out their allocation of coal. The seam is at ground level in Swannington, but gradually gets deeper between Swannington and the deepest reserves at Bagworth, so

 
 

Coalville Map

Estimated Price: £178,996
Average Asking Price: £209,424
Price change in last one year: £10,757
Average Price Paid: £152,219
Average Rent Rates: £4,089

 
 

Property Prices Breakdown in Coalville

Average Price for property in Coalville is around £178,996 which varies based on type of property you are interested in and ranges from £245,778 for detached house to around £149,262 for semi-detached. Similarly terraced house is around £117,089 and a flat is worth £106,151. Values have been changing and have risen £1,005 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,769 in last 6 months, £10,757 in last 1 year, £21,296 in last 2 years, £19,861 in last 3 years, £23,304 in last 4 years and £15,698 in last 5 years.

Currently average asking price of a property in Coalville is around £209,424 based on approximately 708 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £4,089 per month.

Estimated property value in Coalville is £178,996. Average asking price is £209,424 while average price paid is £159,841 which is up by £10,757 and Avg. asking rent £4,089.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 Coalville area. In last 1 year alone average price buyer paid is around £159,841 based on approximately 708 sales in Coalville area alone. If you compare it to last 3 years sales of 1,964 properties where buyers paid around £151,955. 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 £152,219 for 3,050 and average amount paid for purchase of approx. 4,155 properties sold in last 7 years comes to about £152,802 per sale.

 
 

Properties For Sale in Coalville

 
 

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 £119,975, £111,714 for a 2 bedroom house, £163,342 for a 3 bedroom house, £274,328 for a 4 bedroom house and £458,925 for a 5 bedroom house. For a flat similarly the prices varies from £69,184 for a 2 bedroom to £500,000 for a 5 bedroom Flat. To sum up the asking prices for properties in Coalville it comes to around average £119,975 for 1 bedroom property, £105,069 for 2 bedroom, £163,342 for 3 bedroom, £274,328 for 4 bedroom and £461,663 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 £496 for 2 bedroom to £620 for 3 bedroom and £1,200 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £390. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403. You should be generally be expecting around average £390 rent per month for single bedroom property, £467 for 2 bedroom, £620 for 3 bedroom and approximately £1,200 for 4 bedroom property in Coalville area.

Popular Houses in Coalville

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.

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