Penarth Grove, Binley, Coventry, CV3

Street Guide For Penarth Grove, Binley, Coventry, CV3

 
 

Penarth Grove, Binley, Coventry, CV3 Map

Estimated Price: £124,153
Average Asking Price: £220,978
Price change in last one year: £4,558
Average Price Paid: £107,833
Average Rent Rates: £1,068

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Property Prices Breakdown in Penarth Grove, Binley, Coventry, CV3

Average Price for property in Penarth Grove, Binley, Coventry, CV3 is around £124,153 which varies based on type of property you are interested in and ranges from £127,257 for semi-detached to around £122,497 for terraced house. Values have been changing and have risen £50 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,099 in last 6 months, £4,558 in last 1 year, £14,588 in last 2 years, £16,863 in last 3 years, £14,135 in last 4 years and £12,099 in last 5 years.

Currently average asking price of a property in Penarth Grove, Binley, Coventry, CV3 is around £220,978 based on approximately 2 properties for sale. Same is the case with rental options based on 201 properties up for rent, average asking rent is around £1,068 per month.

Estimated property value in Penarth Grove, Binley, Coventry, CV3 is £124,153. Average asking price is £220,978 while average price paid is £111,500 which is up by £4,558 and Avg. asking rent £1,068.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 Penarth Grove, Binley, Coventry, CV3 area. In last 1 year alone average price buyer paid is around £111,500 based on approximately 2 sales in Penarth Grove, Binley, Coventry, CV3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £113,250. 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 £107,833 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £107,833 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 2 bedroom is around £143,847, £206,627 for a 3 bedroom house, £281,335 for a 4 bedroom house and £364,396 for a 5 bedroom house. For a flat similarly the prices varies from £74,283 for a single bedroom to £99,780 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £81,500. To sum up the asking prices for properties in Penarth Grove, Binley, Coventry, CV3 it comes to around average £74,283 for 1 bedroom property, £120,517 for 2 bedroom, £205,435 for 3 bedroom, £281,335 for 4 bedroom and £364,396 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 £339 for 1 bedroom to £625 for 2 bedrooms, £820 for 3 bedrooms, £1,231 for 4 bedrooms and £1,763 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £430. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £663, £861 for 3 bedroom and £1,248 for 5 bedroom. You should be generally be expecting around average £414 rent per month for single bedroom property, £652 for 2 bedroom, £823 for 3 bedroom, £1,231 for 4 bedroom and approximately £1,726 for a 5 bedroom property in Penarth Grove, Binley, Coventry, CV3 area.

Popular Houses in Penarth Grove, Binley, Coventry, CV3

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 Penarth Grove, Binley, Coventry, CV3