Phil Collins Way, Arley, Coventry, CV7

Street Guide For Phil Collins Way, Arley, Coventry, CV7

 

Phil Collins Way, Arley, Coventry, CV7 Map

Estimated Price: £158,331
Average Asking Price: £340,475
Price change in last one year: £5,161
Average Price Paid: £136,607
Average Rent Rates: £1,614

 

Property Prices Breakdown in Phil Collins Way, Arley, Coventry, CV7

Average Price for property in Phil Collins Way, Arley, Coventry, CV7 is around £158,331 which varies based on type of property you are interested in and ranges from £177,248 for detached house to around £158,367 for semi-detached. Similarly terraced house is around £152,006. Values have been changing and have risen £172 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,232 in last 6 months, £5,161 in last 1 year, £16,082 in last 2 years, £21,466 in last 3 years, £18,229 in last 4 years and £16,790 in last 5 years.

Currently average asking price of a property in Phil Collins Way, Arley, Coventry, CV7 is around £340,475 based on approximately 2 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,614 per month.

Estimated property value in Phil Collins Way, Arley, Coventry, CV7 is £158,331. Average asking price is £340,475 while average price paid is £142,250 which is up by £5,161 and Avg. asking rent £1,614.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 Phil Collins Way, Arley, Coventry, CV7 area. In last 1 year alone average price buyer paid is around £142,250 based on approximately 2 sales in Phil Collins Way, Arley, Coventry, CV7 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £134,570. 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 £136,607 for 14 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £136,607 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 £90,000, £159,048 for a 2 bedroom house, £217,204 for a 3 bedroom house, £485,752 for a 4 bedroom house and £681,861 for a 5 bedroom house. For a flat similarly the prices varies from £111,304 for a single bedroom to £127,833 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £425,000. To sum up the asking prices for properties in Phil Collins Way, Arley, Coventry, CV7 it comes to around average £108,261 for 1 bedroom property, £148,924 for 2 bedroom, £220,850 for 3 bedroom, £485,752 for 4 bedroom and £681,861 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 £481 for 1 bedroom to £672 for 2 bedroom and £692 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £599. You should be generally be expecting around average £481 rent per month for single bedroom property, £623 for 2 bedroom and approximately £692 for 3 bedroom property in Phil Collins Way, Arley, Coventry, CV7 area.

Popular Houses in Phil Collins Way, Arley, Coventry, CV7

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 Phil Collins Way, Arley, Coventry, CV7