Redruth Close, Nuneaton, CV11

Street Guide For Redruth Close, Nuneaton, CV11

 

Redruth Close, Nuneaton, CV11 Map

Estimated Price: £268,451
Average Asking Price: £195,584
Price change in last one year: £8,027
Average Price Paid: £228,400
Average Rent Rates: £1,103

 

Property Prices Breakdown in Redruth Close, Nuneaton, CV11

Average Price for property in Redruth Close, Nuneaton, CV11 is around £268,451 e.g. average price for detached house is around 268,451. Values have been changing and have risen £752 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,000 in last 6 months, £8,027 in last 1 year, £24,182 in last 2 years, £30,425 in last 3 years, £25,649 in last 4 years and £22,848 in last 5 years.

Currently average asking price of a property in Redruth Close, Nuneaton, CV11 is around £195,584 based on approximately 1 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,103 per month.

Estimated property value in Redruth Close, Nuneaton, CV11 is £268,451. Average asking price is £195,584 while average price paid is £250,000 which is up by £8,027 and Avg. asking rent £1,103.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 Redruth Close, Nuneaton, CV11 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Redruth Close, Nuneaton, CV11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £265,000. 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 £228,400 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £219,166 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 £120,355, £154,545 for a 3 bedroom house, £275,060 for a 4 bedroom house and £308,517 for a 5 bedroom house. For a flat similarly the prices varies from £72,567 for a single bedroom to £80,590 for a 2 bedroom Flat. To sum up the asking prices for properties in Redruth Close, Nuneaton, CV11 it comes to around average £72,567 for 1 bedroom property, £112,071 for 2 bedroom, £154,545 for 3 bedroom, £275,060 for 4 bedroom and £308,517 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 £406 for 1 bedroom to £564 for 2 bedroom, £605 for 3 bedroom and £1,099 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £439. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £555 and £676 for 3 bedroom. You should be generally be expecting around average £427 rent per month for single bedroom property, £560 for 2 bedroom, £621 for 3 bedroom and approximately £1,098 for 4 bedroom property in Redruth Close, Nuneaton, CV11 area.

Popular Houses in Redruth Close, Nuneaton, CV11

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 Redruth Close, Nuneaton, CV11