Somers Road, Keresley End, Coventry, CV7

Street Guide For Somers Road, Keresley End, Coventry, CV7

 

Somers Road, Keresley End, Coventry, CV7 Map

Estimated Price: £108,663
Average Asking Price: £340,475
Price change in last one year: £3,544
Average Price Paid: £90,308
Average Rent Rates: £1,614

 

Property Prices Breakdown in Somers Road, Keresley End, Coventry, CV7

Average Price for property in Somers Road, Keresley End, Coventry, CV7 is around £108,663 which varies based on type of property you are interested in and ranges from £109,641 for semi-detached to around £65,626 for a flat. Values have been changing and have risen £118 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £845 in last 6 months, £3,544 in last 1 year, £11,040 in last 2 years, £14,736 in last 3 years, £12,514 in last 4 years and £11,527 in last 5 years.

Currently average asking price of a property in Somers Road, Keresley End, Coventry, CV7 is around £340,475 based on approximately 1 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 Somers Road, Keresley End, Coventry, CV7 is £108,663. Average asking price is £340,475 while average price paid is £100,000 which is up by £3,544 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 Somers Road, Keresley End, Coventry, CV7 area. In last 1 year alone average price buyer paid is around £100,000 based on approximately 1 sales in Somers Road, Keresley End, Coventry, CV7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £93,778. 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 £90,308 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £87,688 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, £215,411 for a 3 bedroom house, £478,763 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 Somers Road, Keresley End, Coventry, CV7 it comes to around average £108,261 for 1 bedroom property, £148,924 for 2 bedroom, £219,025 for 3 bedroom, £478,763 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 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599. You should be generally be expecting around average £485 rent per month for single bedroom property, £623 for 2 bedroom and approximately £692 for 3 bedroom property in Somers Road, Keresley End, Coventry, CV7 area.

Popular Houses in Somers Road, Keresley End, 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 Somers Road, Keresley End, Coventry, CV7