Newey Road, Coventry, CV2

Street Guide For Newey Road, Coventry, CV2

 
 

Newey Road, Coventry, CV2 Map

Estimated Price: £134,936
Average Asking Price: £149,887
Price change in last one year: £5,675
Average Price Paid: £126,895
Average Rent Rates: £1,215

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Property Prices Breakdown in Newey Road, Coventry, CV2

Values have been changing and have risen £22 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,313 in last 6 months, £5,675 in last 1 year, £15,247 in last 2 years, £18,000 in last 3 years, £16,574 in last 4 years and £14,579 in last 5 years.

Currently average asking price of a property in Newey Road, Coventry, CV2 is around £149,887 based on approximately 5 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 Newey Road, Coventry, CV2 is £134,936. Average asking price is £149,887 while average price paid is £125,590 which is up by £5,675 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 Newey Road, Coventry, CV2 area. In last 1 year alone average price buyer paid is around £125,590 based on approximately 5 sales in Newey Road, Coventry, CV2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £126,895. 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 £126,895 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £123,667 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 Newey Road, 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 Newey Road, Coventry, CV2 area.

Popular Houses in Newey Road, 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 Newey Road, Coventry, CV2