Rugby

Area Guide For Rugby

Rugby is a market town in Warwickshire, England, located on the River Avon. The town has a population of 61,988 (2001 census) making it the second largest town in the county. The enclosing Borough of Rugby has a population of 91,600 (2005 estimate). Rugby is 13 miles (21 km) east of Coventry, on the eastern edge of Warwickshire, near the borders with Northamptonshire and Leicestershire. The town is credited with being the birthplace of rugby football. Early Iron age settlement existed in the Rugby area, and a few miles outside what is now Rugby, existed a Roman settlement known as Tripontium. Rugby was originally a small Anglo-Saxon farming settlement, and was mentioned in the Domesday Book of 1086 as Rocheberie. Rugby obtained a charter to hold a market in 1255, and soon developed into a small country market town. The name's likeliest origin is Anglo-Saxon Hrca burh or similar "Rook fort", where Rook may be the bird or may be a man's name. Another theory is that the name is originally derived from an old Celtic name Droche-brig meaning "wild hilltop". The change to by is because of Viking influence there are other place names ending in by in the area ('By' meaning town in

 
 

Rugby Map

Estimated Price: £216,210
Average Asking Price: £274,319
Price change in last one year: £11,344
Average Price Paid: £188,952
Average Rent Rates: £3,309

 
 

Property Prices Breakdown in Rugby

Average Price for property in Rugby is around £216,210 which varies based on type of property you are interested in and ranges from £322,255 for detached house to around £189,500 for semi-detached. Similarly terraced house is around £150,398 and a flat is worth £125,928. Values have been changing and have risen £374 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,427 in last 6 months, £11,344 in last 1 year, £28,726 in last 2 years, £33,551 in last 3 years, £30,463 in last 4 years and £27,196 in last 5 years.

Currently average asking price of a property in Rugby is around £274,319 based on approximately 1,390 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £3,309 per month.

Estimated property value in Rugby is £216,210. Average asking price is £274,319 while average price paid is £203,725 which is up by £11,344 and Avg. asking rent £3,309.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 Rugby area. In last 1 year alone average price buyer paid is around £203,725 based on approximately 1,390 sales in Rugby area alone. If you compare it to last 3 years sales of 4,259 properties where buyers paid around £192,994. 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 £188,952 for 6,661 and average amount paid for purchase of approx. 9,145 properties sold in last 7 years comes to about £186,163 per sale.

 
 

Properties For Sale in Rugby

 
 

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 £44,950, £176,798 for a 2 bedroom house, £200,202 for a 3 bedroom house, £330,611 for a 4 bedroom house and £535,389 for a 5 bedroom house. For a flat similarly the prices varies from £80,973 for a single bedroom to £119,746 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £337,500 and £275,000 for a 4 bedroom flat. To sum up the asking prices for properties in Rugby it comes to around average £79,336 for 1 bedroom property, £155,823 for 2 bedroom, £203,358 for 3 bedroom, £330,114 for 4 bedroom and £535,389 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 £497 for 1 bedroom to £662 for 2 bedrooms, £718 for 3 bedrooms, £957 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £482. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594. You should be generally be expecting around average £488 rent per month for single bedroom property, £630 for 2 bedroom, £718 for 3 bedroom, £957 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Rugby area.

Popular Houses in Rugby

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.

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