Average Price for property in Sovereign Road, Coventry, CV5 is around £135,573 which varies based on type of property you are interested in and ranges from £140,352 for semi-detached to around £135,365 for terraced house. Values have been changing and have risen £281 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £301 in last 6 months, £6,100 in last 1 year, £16,021 in last 2 years, £19,106 in last 3 years, £15,783 in last 4 years and £15,321 in last 5 years.
Currently average asking price of a property in Sovereign Road, Coventry, CV5 is around £230,862 based on approximately 3 properties for sale. Same is the case with rental options based on 188 properties up for rent, average asking rent is around £924 per month.
Estimated property value in Sovereign Road, Coventry, CV5 is £135,573. Average asking price is £230,862 while average price paid is £126,000 which is up by £6,100 and Avg. asking rent £924.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 Sovereign Road, Coventry, CV5 area. In last 1 year alone average price buyer paid is around £126,000 based on approximately 3 sales in Sovereign Road, Coventry, CV5 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £118,086. 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 £115,759 for 22 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £119,482 per sale.