Nuneaton

Area Guide For Nuneaton

Nuneaton is the largest town in the Borough of Nuneaton and Bedworth and in the English county of Warwickshire. Nuneaton is most famous for its associations with the 19th century author George Eliot, who was born on a farm on the Arbury Estate just outside Nuneaton in 1819 and lived in the town for much of her early life. In her novel Scenes of Clerical Life (1858), "Milby" is the thinly disguised market town of Nuneaton. The Nuneaton Urban Area is a conurbation based around Nuneaton and several surrounding towns and villages. The town is located 9 miles (14 km) north of Coventry, 20 miles (32 km) east of Birmingham and 103 miles (166 km) northwest of London. The River Anker runs through the town. Nuneaton (as defined by the Office for National Statistics) had a population of 70,721 according to the 2001 census, though the 2008 estimate is closer to 73,000 inhabitants. However, both of these figures exclude the Camp Hill area of the town, which is deemed to be in the Hartshill subdivision of the Nuneaton urban area by the Office for National Statistics (ONS), as can be seen from the map included in its report on Key Statistics for urban areas and the dataset of this

 
 

Nuneaton Map

Estimated Price: £170,171
Average Asking Price: £207,392
Price change in last one year: £5,988
Average Price Paid: £156,626
Average Rent Rates: £1,846

 
 

Property Prices Breakdown in Nuneaton

Average Price for property in Nuneaton is around £170,171 which varies based on type of property you are interested in and ranges from £262,907 for detached house to around £149,933 for semi-detached. Similarly terraced house is around £115,280 and a flat is worth £103,525. Values have been changing and have risen £945 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,862 in last 6 months, £5,988 in last 1 year, £15,712 in last 2 years, £16,531 in last 3 years, £13,851 in last 4 years and £13,962 in last 5 years.

Currently average asking price of a property in Nuneaton is around £207,392 based on approximately 1,241 properties for sale. Same is the case with rental options based on 144 properties up for rent, average asking rent is around £1,846 per month.

Estimated property value in Nuneaton is £170,171. Average asking price is £207,392 while average price paid is £158,884 which is up by £5,988 and Avg. asking rent £1,846.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 Nuneaton area. In last 1 year alone average price buyer paid is around £158,884 based on approximately 1,241 sales in Nuneaton area alone. If you compare it to last 3 years sales of 3,461 properties where buyers paid around £157,699. 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 £156,626 for 5,442 and average amount paid for purchase of approx. 7,269 properties sold in last 7 years comes to about £155,419 per sale.

 
 

Properties For Sale in Nuneaton

 
 

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 £150,000, £125,397 for a 2 bedroom house, £157,026 for a 3 bedroom house, £280,859 for a 4 bedroom house and £401,766 for a 5 bedroom house. For a flat similarly the prices varies from £80,705 for a single bedroom to £90,164 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £109,950. To sum up the asking prices for properties in Nuneaton it comes to around average £91,365 for 1 bedroom property, £117,798 for 2 bedroom, £156,445 for 3 bedroom, £280,859 for 4 bedroom and £401,766 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 £394 for 1 bedroom to £604 for 2 bedrooms, £596 for 3 bedrooms, £1,177 for 4 bedrooms and £368 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £561 and £676 for 3 bedroom. You should be generally be expecting around average £424 rent per month for single bedroom property, £589 for 2 bedroom, £602 for 3 bedroom, £1,177 for 4 bedroom and approximately £368 for a 5 bedroom property in Nuneaton area.

Popular Houses in Nuneaton

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.

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