Torrington Avenue, Coventry, CV4

Street Guide For Torrington Avenue, Coventry, CV4

 

Torrington Avenue, Coventry, CV4 Map

Estimated Price: £122,314
Average Asking Price: £288,643
Price change in last one year: £4,111
Average Price Paid: £108,476
Average Rent Rates: £1,039

 

Property Prices Breakdown in Torrington Avenue, Coventry, CV4

Average Price for property in Torrington Avenue, Coventry, CV4 is around £122,314 which varies based on type of property you are interested in and ranges from £200,166 for detached house to around £131,009 for semi-detached. Similarly terraced house is around £124,474 and a flat is worth £73,590. Values have been changing and have risen £36 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £835 in last 6 months, £4,111 in last 1 year, £13,935 in last 2 years, £16,220 in last 3 years, £14,447 in last 4 years and £14,655 in last 5 years.

Currently average asking price of a property in Torrington Avenue, Coventry, CV4 is around £288,643 based on approximately 6 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £1,039 per month.

Estimated property value in Torrington Avenue, Coventry, CV4 is £122,314. Average asking price is £288,643 while average price paid is £112,908 which is up by £4,111 and Avg. asking rent £1,039.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 Torrington Avenue, Coventry, CV4 area. In last 1 year alone average price buyer paid is around £112,908 based on approximately 6 sales in Torrington Avenue, Coventry, CV4 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £107,881. 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 £108,476 for 28 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £108,077 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 2 bedroom is around £185,000, £187,836 for a 3 bedroom house, £372,554 for a 4 bedroom house and £395,766 for a 5 bedroom house. For a flat similarly the prices varies from £67,475 for a single bedroom to £92,623 for a 2 bedroom Flat. To sum up the asking prices for properties in Torrington Avenue, Coventry, CV4 it comes to around average £67,475 for 1 bedroom property, £102,887 for 2 bedroom, £187,836 for 3 bedroom, £372,554 for 4 bedroom and £395,766 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 £434 for 1 bedroom to £913 for 2 bedrooms, £1,081 for 3 bedrooms, £1,409 for 4 bedrooms and £1,482 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £576. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £623 and £624 for 3 bedroom. You should be generally be expecting around average £442 rent per month for single bedroom property, £824 for 2 bedroom, £1,061 for 3 bedroom, £1,409 for 4 bedroom and approximately £1,482 for a 5 bedroom property in Torrington Avenue, Coventry, CV4 area.

Popular Houses in Torrington Avenue, Coventry, CV4

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 Torrington Avenue, Coventry, CV4