New Road, Coventry, CV6

Street Guide For New Road, Coventry, CV6

 

New Road, Coventry, CV6 Map

Estimated Price: £150,125
Average Asking Price: £144,606
Price change in last one year: £4,998
Average Price Paid: £215,625
Average Rent Rates: £683

 

Property Prices Breakdown in New Road, Coventry, CV6

Average Price for property in New Road, Coventry, CV6 is around £150,125 which varies based on type of property you are interested in and ranges from £291,372 for detached house to around £93,626 for a flat. Values have been changing and have risen £499 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,293 in last 6 months, £4,998 in last 1 year, £16,076 in last 2 years, £20,485 in last 3 years, £17,209 in last 4 years and £15,337 in last 5 years.

Currently average asking price of a property in New Road, Coventry, CV6 is around £144,606 based on approximately 1 properties for sale. Same is the case with rental options based on 138 properties up for rent, average asking rent is around £683 per month.

Estimated property value in New Road, Coventry, CV6 is £150,125. Average asking price is £144,606 while average price paid is £255,000 which is up by £4,998 and Avg. asking rent £683.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 New Road, Coventry, CV6 area. In last 1 year alone average price buyer paid is around £255,000 based on approximately 1 sales in New Road, Coventry, CV6 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £173,750. 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 £215,625 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £175,809 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 £209,950, £110,909 for a 2 bedroom house, £140,455 for a 3 bedroom house, £222,769 for a 4 bedroom house and £284,158 for a 5 bedroom house. For a flat similarly the prices varies from £91,633 for a single bedroom to £105,811 for a 2 bedroom Flat. To sum up the asking prices for properties in New Road, Coventry, CV6 it comes to around average £121,212 for 1 bedroom property, £109,747 for 2 bedroom, £140,455 for 3 bedroom, £222,769 for 4 bedroom and £284,158 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 £375 for 1 bedroom to £552 for 2 bedroom, £644 for 3 bedroom and £996 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £460. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £584. You should be generally be expecting around average £446 rent per month for single bedroom property, £574 for 2 bedroom, £644 for 3 bedroom and approximately £996 for 4 bedroom property in New Road, Coventry, CV6 area.

Popular Houses in New Road, Coventry, CV6

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 New Road, Coventry, CV6