Watson Road, Coventry, CV5

Street Guide For Watson Road, Coventry, CV5

 

Watson Road, Coventry, CV5 Map

Estimated Price: £152,904
Average Asking Price: £230,862
Price change in last one year: £7,068
Average Price Paid: £149,500
Average Rent Rates: £924

 

Property Prices Breakdown in Watson Road, Coventry, CV5

Values have been changing and have risen £326 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £349 in last 6 months, £7,068 in last 1 year, £18,562 in last 2 years, £22,134 in last 3 years, £18,283 in last 4 years and £17,748 in last 5 years.

Currently average asking price of a property in Watson Road, Coventry, CV5 is around £230,862 based on approximately 4 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 Watson Road, Coventry, CV5 is £152,904. Average asking price is £230,862 while average price paid is £165,875 which is up by £7,068 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 Watson Road, Coventry, CV5 area. In last 1 year alone average price buyer paid is around £165,875 based on approximately 4 sales in Watson Road, Coventry, CV5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £156,700. 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 £149,500 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £150,062 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 £104,950, £148,846 for a 2 bedroom house, £208,066 for a 3 bedroom house, £346,673 for a 4 bedroom house and £363,325 for a 5 bedroom house. For a flat similarly the prices varies from £84,950 for a single bedroom to £118,290 for a 2 bedroom Flat. To sum up the asking prices for properties in Watson Road, Coventry, CV5 it comes to around average £94,950 for 1 bedroom property, £135,605 for 2 bedroom, £208,066 for 3 bedroom, £346,673 for 4 bedroom and £363,325 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 £340 for 1 bedroom to £683 for 2 bedrooms, £839 for 3 bedrooms, £1,064 for 4 bedrooms and £1,480 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £586 and £901 for 3 bedroom. You should be generally be expecting around average £365 rent per month for single bedroom property, £628 for 2 bedroom, £842 for 3 bedroom, £1,064 for 4 bedroom and approximately £1,480 for a 5 bedroom property in Watson Road, Coventry, CV5 area.

Popular Houses in Watson Road, Coventry, CV5

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 Watson Road, Coventry, CV5