Values have been changing and have risen £68 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,481 in last 6 months, £6,146 in last 1 year, £19,665 in last 2 years, £22,728 in last 3 years, £19,051 in last 4 years and £16,304 in last 5 years.
Currently average asking price of a property in Erithway Road, Coventry, CV3 is around £220,543 based on approximately 2 properties for sale. Same is the case with rental options based on 201 properties up for rent, average asking rent is around £1,070 per month.
Estimated property value in Erithway Road, Coventry, CV3 is £167,370. Average asking price is £220,543 while average price paid is £156,250 which is up by £6,146 and Avg. asking rent £1,070.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 Erithway Road, Coventry, CV3 area. In last 1 year alone average price buyer paid is around £156,250 based on approximately 2 sales in Erithway Road, Coventry, CV3 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £139,534. 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 £141,984 for 25 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £142,974 per sale.