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.