Values have been changing and have risen £340 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £363 in last 6 months, £7,388 in last 1 year, £19,403 in last 2 years, £23,139 in last 3 years, £19,111 in last 4 years and £18,551 in last 5 years.
Currently average asking price of a property in Pavilion Way, Coventry, CV5 is around £230,862 based on approximately 1 properties for sale. Same is the case with rental options based on 188 properties up for rent, average asking rent is around £924 per month.
Estimated property value in Pavilion Way, Coventry, CV5 is £164,209. Average asking price is £230,862 while average price paid is £130,000 which is up by £7,388 and Avg. asking rent £924.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 Pavilion Way, Coventry, CV5 area. In last 1 year alone average price buyer paid is around £130,000 based on approximately 1 sales in Pavilion Way, Coventry, CV5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £130,000. 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 £131,000 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £123,916 per sale.