Magnolia Close, Coventry, CV3

Street Guide For Magnolia Close, Coventry, CV3

 
 

Magnolia Close, Coventry, CV3 Map

Estimated Price: £346,168
Average Asking Price: £220,543
Price change in last one year: £12,703
Average Price Paid: £302,500
Average Rent Rates: £1,070

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Property Prices Breakdown in Magnolia Close, Coventry, CV3

Average Price for property in Magnolia Close, Coventry, CV3 is around £346,168 e.g. average price for detached house is around 346,168. Values have been changing and have risen £138 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,067 in last 6 months, £12,703 in last 1 year, £40,658 in last 2 years, £46,992 in last 3 years, £39,375 in last 4 years and £33,686 in last 5 years.

Currently average asking price of a property in Magnolia Close, Coventry, CV3 is around £220,543 based on approximately 0 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 Magnolia Close, Coventry, CV3 is £346,168. Average asking price is £220,543 while average price paid is £325,000 which is up by £46,992 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 Magnolia Close, Coventry, CV3 area. In last 3 years alone average price buyer paid is around £325,000 based on approximately 1 sales in Magnolia Close, Coventry, CV3 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £302,500. 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 £305,000 for 3 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 2 bedroom is around £143,438, £205,453 for a 3 bedroom house, £275,213 for a 4 bedroom house and £374,823 for a 5 bedroom house. For a flat similarly the prices varies from £74,283 for a single bedroom to £99,780 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £81,500. To sum up the asking prices for properties in Magnolia Close, Coventry, CV3 it comes to around average £74,283 for 1 bedroom property, £119,980 for 2 bedroom, £204,226 for 3 bedroom, £275,213 for 4 bedroom and £374,823 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 £341 for 1 bedroom to £625 for 2 bedrooms, £811 for 3 bedrooms, £1,218 for 4 bedrooms and £1,763 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £430. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £668, £861 for 3 bedroom and £1,248 for 5 bedroom. You should be generally be expecting around average £413 rent per month for single bedroom property, £656 for 2 bedroom, £815 for 3 bedroom, £1,218 for 4 bedroom and approximately £1,726 for a 5 bedroom property in Magnolia Close, Coventry, CV3 area.

Popular Houses in Magnolia Close, Coventry, CV3

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 Magnolia Close, Coventry, CV3