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.