Average Price for property in Mellowship Road, Coventry, CV5 is around £176,988 which varies based on type of property you are interested in and ranges from £179,305 for detached house to around £183,118 for semi-detached. Similarly terraced house is around £169,633. Values have been changing and have risen £367 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £393 in last 6 months, £7,964 in last 1 year, £20,916 in last 2 years, £24,940 in last 3 years, £20,599 in last 4 years and £19,994 in last 5 years.
Currently average asking price of a property in Mellowship Road, Coventry, CV5 is around £230,862 based on approximately 2 properties for sale. Same is the case with rental options based on 188 properties up for rent, average asking rent is around £924 per month.
Estimated property value in Mellowship Road, Coventry, CV5 is £176,988. Average asking price is £230,862 while average price paid is £161,975 which is up by £7,964 and Avg. asking rent £924.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 Mellowship Road, Coventry, CV5 area. In last 1 year alone average price buyer paid is around £161,975 based on approximately 2 sales in Mellowship Road, Coventry, CV5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £144,720. 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 £145,346 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £143,800 per sale.