Average Price for property in Coventry is around £171,616 which varies based on type of property you are interested in and ranges from £366,801 for detached house to around £192,792 for semi-detached. Similarly terraced house is around £133,203 and a flat is worth £115,471. Values have been changing and have risen £1,048 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,242 in last 6 months, £9,701 in last 1 year, £22,705 in last 2 years, £28,128 in last 3 years, £25,024 in last 4 years and £23,037 in last 5 years.
Currently average asking price of a property in Coventry is around £218,391 based on approximately 4,347 properties for sale. Same is the case with rental options based on 1,750 properties up for rent, average asking rent is around £1,191 per month.
Estimated property value in Coventry is £171,616. Average asking price is £218,391 while average price paid is £163,579 which is up by £9,701 and Avg. asking rent £1,191.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 Coventry area. In last 1 year alone average price buyer paid is around £163,579 based on approximately 4,347 sales in Coventry area alone. If you compare it to last 3 years sales of 12,289 properties where buyers paid around £156,752. 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 £154,069 for 19,184 and average amount paid for purchase of approx. 26,101 properties sold in last 7 years comes to about £152,430 per sale.