Average Price for property in Elm Grove, Balsall Common, Coventry, CV7 is around £394,150 e.g. average price for detached house is around 394,150. Values have been changing and have risen £431 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,069 in last 6 months, £12,842 in last 1 year, £40,018 in last 2 years, £53,411 in last 3 years, £45,340 in last 4 years and £41,748 in last 5 years.
Currently average asking price of a property in Elm Grove, Balsall Common, Coventry, CV7 is around £340,475 based on approximately 1 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,614 per month.
Estimated property value in Elm Grove, Balsall Common, Coventry, CV7 is £394,150. Average asking price is £340,475 while average price paid is £370,000 which is up by £12,842 and Avg. asking rent £1,614.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 Elm Grove, Balsall Common, Coventry, CV7 area. In last 1 year alone average price buyer paid is around £370,000 based on approximately 1 sales in Elm Grove, Balsall Common, Coventry, CV7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £350,500. 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 £350,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £321,500 per sale.