Spring Hill, Bubbenhall, Coventry, CV8

Street Guide For Spring Hill, Bubbenhall, Coventry, CV8

 

Spring Hill, Bubbenhall, Coventry, CV8 Map

Estimated Price: £560,440
Average Asking Price: £384,714
Price change in last one year: £26,508
Average Price Paid: £321,500
Average Rent Rates: £10,033

 

Property Prices Breakdown in Spring Hill, Bubbenhall, Coventry, CV8

Average Price for property in Spring Hill, Bubbenhall, Coventry, CV8 is around £560,440 which varies based on type of property you are interested in and ranges from £594,362 for detached house to around £255,142 for terraced house. Values have been changing and have risen £2,511 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,187 in last 6 months, £26,508 in last 1 year, £74,515 in last 2 years, £82,305 in last 3 years, £73,672 in last 4 years and £70,071 in last 5 years.

Currently average asking price of a property in Spring Hill, Bubbenhall, Coventry, CV8 is around £384,714 based on approximately 2 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £10,033 per month.

Estimated property value in Spring Hill, Bubbenhall, Coventry, CV8 is £560,440. Average asking price is £384,714 while average price paid is £321,500 which is up by £26,508 and Avg. asking rent £10,033.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 Spring Hill, Bubbenhall, Coventry, CV8 area. In last 1 year alone average price buyer paid is around £321,500 based on approximately 2 sales in Spring Hill, Bubbenhall, Coventry, CV8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £321,500. 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 £321,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £321,500 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 £254,950, £230,275 for a 2 bedroom house, £318,181 for a 3 bedroom house, £518,192 for a 4 bedroom house and £457,843 for a 5 bedroom house. For a flat similarly the prices varies from £177,329 for a single bedroom to £203,057 for a 2 bedroom Flat. To sum up the asking prices for properties in Spring Hill, Bubbenhall, Coventry, CV8 it comes to around average £187,031 for 1 bedroom property, £218,861 for 2 bedroom, £318,181 for 3 bedroom, £518,192 for 4 bedroom and £457,843 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 £342 for 1 bedroom to £862 for 2 bedrooms, £791 for 3 bedrooms, £1,689 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £684. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £873 and £494 for 5 bedroom. You should be generally be expecting around average £586 rent per month for single bedroom property, £868 for 2 bedroom, £791 for 3 bedroom, £1,689 for 4 bedroom and approximately £1,164 for a 5 bedroom property in Spring Hill, Bubbenhall, Coventry, CV8 area.

Popular Houses in Spring Hill, Bubbenhall, Coventry, CV8

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 Spring Hill, Bubbenhall, Coventry, CV8