Morris Avenue, Coventry, CV2

Street Guide For Morris Avenue, Coventry, CV2

 
 

Morris Avenue, Coventry, CV2 Map

Estimated Price: £144,914
Average Asking Price: £149,887
Price change in last one year: £6,094
Average Price Paid: £119,392
Average Rent Rates: £1,215

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Property Prices Breakdown in Morris Avenue, Coventry, CV2

Average Price for property in Morris Avenue, Coventry, CV2 is around £144,914 which varies based on type of property you are interested in and ranges from £167,693 for semi-detached to around £143,287 for terraced house. Values have been changing and have risen £24 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,411 in last 6 months, £6,094 in last 1 year, £16,375 in last 2 years, £19,333 in last 3 years, £17,801 in last 4 years and £15,658 in last 5 years.

Currently average asking price of a property in Morris Avenue, Coventry, CV2 is around £149,887 based on approximately 1 properties for sale. Same is the case with rental options based on 244 properties up for rent, average asking rent is around £1,215 per month.

Estimated property value in Morris Avenue, Coventry, CV2 is £144,914. Average asking price is £149,887 while average price paid is £142,500 which is up by £6,094 and Avg. asking rent £1,215.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 Morris Avenue, Coventry, CV2 area. In last 1 year alone average price buyer paid is around £142,500 based on approximately 1 sales in Morris Avenue, Coventry, CV2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £114,333. 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 £119,392 for 14 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £128,648 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 1 bedroom is around £97,488, £107,839 for a 2 bedroom house, £145,614 for a 3 bedroom house, £193,931 for a 4 bedroom house and £328,300 for a 5 bedroom house. For a flat similarly the prices varies from £83,300 for a single bedroom to £89,224 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £82,725. To sum up the asking prices for properties in Morris Avenue, Coventry, CV2 it comes to around average £91,407 for 1 bedroom property, £101,722 for 2 bedroom, £144,344 for 3 bedroom, £193,931 for 4 bedroom and £328,300 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 £409 for 1 bedroom to £613 for 2 bedrooms, £857 for 3 bedrooms, £1,119 for 4 bedrooms and £1,577 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £422. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £694. You should be generally be expecting around average £415 rent per month for single bedroom property, £637 for 2 bedroom, £857 for 3 bedroom, £1,119 for 4 bedroom and approximately £1,577 for a 5 bedroom property in Morris Avenue, Coventry, CV2 area.

Popular Houses in Morris Avenue, Coventry, CV2

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 Morris Avenue, Coventry, CV2