Richmond Road, Nuneaton, CV11

Street Guide For Richmond Road, Nuneaton, CV11

 

Richmond Road, Nuneaton, CV11 Map

Estimated Price: £142,387
Average Asking Price: £195,584
Price change in last one year: £4,260
Average Price Paid: £125,499
Average Rent Rates: £1,103

 

Property Prices Breakdown in Richmond Road, Nuneaton, CV11

Average Price for property in Richmond Road, Nuneaton, CV11 is around £142,387 which varies based on type of property you are interested in and ranges from £209,899 for detached house to around £139,339 for semi-detached. Similarly terraced house is around £141,455. Values have been changing and have risen £399 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,121 in last 6 months, £4,260 in last 1 year, £12,833 in last 2 years, £16,146 in last 3 years, £13,618 in last 4 years and £12,136 in last 5 years.

Currently average asking price of a property in Richmond Road, Nuneaton, CV11 is around £195,584 based on approximately 10 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 Richmond Road, Nuneaton, CV11 is £142,387. Average asking price is £195,584 while average price paid is £118,700 which is up by £4,260 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 Richmond Road, Nuneaton, CV11 area. In last 1 year alone average price buyer paid is around £118,700 based on approximately 10 sales in Richmond Road, Nuneaton, CV11 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £120,922. 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 £125,499 for 18 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £120,931 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 Richmond Road, 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 Richmond Road, Nuneaton, CV11 area.

Popular Houses in Richmond Road, 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 Richmond Road, Nuneaton, CV11