Newfield Road, Coventry, CV1

Street Guide For Newfield Road, Coventry, CV1

 

Newfield Road, Coventry, CV1 Map

Estimated Price: £124,085
Average Asking Price: £195,532
Price change in last one year: £5,134
Average Price Paid: £125,112
Average Rent Rates: £1,019

 

Property Prices Breakdown in Newfield Road, Coventry, CV1

Average Price for property in Newfield Road, Coventry, CV1 is around £124,085 which varies based on type of property you are interested in and ranges from £120,356 for semi-detached to around £132,786 for terraced house. Values have been changing and have risen £531 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,630 in last 6 months, £5,134 in last 1 year, £14,388 in last 2 years, £17,108 in last 3 years, £14,739 in last 4 years and £12,906 in last 5 years.

Currently average asking price of a property in Newfield Road, Coventry, CV1 is around £195,532 based on approximately 2 properties for sale. Same is the case with rental options based on 826 properties up for rent, average asking rent is around £1,019 per month.

Estimated property value in Newfield Road, Coventry, CV1 is £124,085. Average asking price is £195,532 while average price paid is £119,975 which is up by £5,134 and Avg. asking rent £1,019.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 Newfield Road, Coventry, CV1 area. In last 1 year alone average price buyer paid is around £119,975 based on approximately 2 sales in Newfield Road, Coventry, CV1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £119,975. 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 £125,112 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £122,090 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 £92,500, £106,086 for a 2 bedroom house, £147,067 for a 3 bedroom house, £218,112 for a 4 bedroom house and £244,975 for a 5 bedroom house. For a flat similarly the prices varies from £101,015 for a single bedroom to £131,501 for a 2 bedroom Flat. To sum up the asking prices for properties in Newfield Road, Coventry, CV1 it comes to around average £99,880 for 1 bedroom property, £122,424 for 2 bedroom, £147,067 for 3 bedroom, £218,112 for 4 bedroom and £244,975 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 £423 for 1 bedroom to £656 for 2 bedrooms, £950 for 3 bedrooms, £1,228 for 4 bedrooms and £1,570 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £497. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £880, £1,361 for 3 bedroom, £1,503 for 4 bedroom and around £351 for 5 bedroom flat. You should be generally be expecting around average £485 rent per month for single bedroom property, £816 for 2 bedroom, £987 for 3 bedroom, £1,249 for 4 bedroom and approximately £1,546 for a 5 bedroom property in Newfield Road, Coventry, CV1 area.

Popular Houses in Newfield Road, Coventry, CV1

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 Newfield Road, Coventry, CV1