Values have been changing and have risen £322 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,481 in last 6 months, £3,233 in last 1 year, £10,394 in last 2 years, £13,245 in last 3 years, £11,129 in last 4 years and £9,921 in last 5 years.
Currently average asking price of a property in Spring Road, Coventry, CV6 is around £144,606 based on approximately 2 properties for sale. Same is the case with rental options based on 138 properties up for rent, average asking rent is around £683 per month.
Estimated property value in Spring Road, Coventry, CV6 is £97,029. Average asking price is £144,606 while average price paid is £108,000 which is up by £3,233 and Avg. asking rent £683.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 Road, Coventry, CV6 area. In last 1 year alone average price buyer paid is around £108,000 based on approximately 2 sales in Spring Road, Coventry, CV6 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £92,500. 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 £90,307 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £89,441 per sale.