1, Packington Place
1, Packington Place
Description & Estimates
1, Packington Place, Leamington Spa is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, Packington Place, Leamington Spa is £226,644 and its rental estimate is £1,089 per month, given the available information and assuming reasonable condition.
Packington Place, Leamington Spa, CV31 falls within the CV31 postal district, in the borough of Warwick.
Our Data Sources
1, Packington Place, Leamington Spa has 41 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Packington Place, Leamington Spa, we estimate a market value of £237,977 and a rental value of £1,143 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £210,779 and £1,013 per month respectively.
Recent Market Change
Over the last year, 1, Packington Place, Leamington Spa has seen its estimated sale value fall by £1,572 (0.7%) and its estimated rental value move up by £28 per month (2.6%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
1, Packington Place, Leamington Spa has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Packington Place, Leamington Spa completed on 22nd February 2017 at £195,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 1.9% over the period since February 2017.
- Sold Feb 2017£195,000
- Sold May 2012£146,500
- Sold May 2006£158,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Packington Place, Leamington Spa have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2022, was 2, Packington Place, Leamington Spa, CV31 1EP, a leasehold flat which sold for £233,000.
Read more about house prices in CV31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Similar Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 3 lets of properties comparable to 1, Packington Place, Leamington Spa, all within 390 metres.
The latest, in August 2021, was Flat 11, Millfield 25, Leam Terrace, Leamington Spa, CV31 1BG, a leasehold flat let by Newman Property Experts.
- Let Aug 2021£ Undisclosed | 2 Bed FlatMillfield 25, Leam TerraceFlat 11, Millfield 25, Leam Terrace, Leamington Spa, CV31 1BG
- Let Jul 2018£ Undisclosed | 2 Bed Flat11, Bath StreetFlat 1A, 11, Bath Street, Leamington Spa, CV31 3AF
- Let Jul 2009£ Undisclosed | 2 Bed FlatManor House, Avenue RoadApartment 52, Manor House, Avenue Road, Leamington Spa, CV31 3ND
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 24 addresses on Packington Place, Leamington Spa, CV31, 1, Packington Place, Leamington Spa comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £92k less expensive than the average property across the CV31 district.
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Schools Nearby
- 500mClapham Terrace Community Primary School and Nursery
- 700mSt Peter's Catholic Primary School
- 700mShrubland Street Community Primary School
- 1.4kmCampion School
- 1.9kmTrinity Catholic School
- 2.4kmMyton School
More reading links
Public Transport Nearby
From 1, Packington Place, Leamington Spa, the nearest station is Leamington Spa, 400 metres away.
- 400mLeamington Spa
- 3.5kmWarwick
- 5.6kmWarwick Parkway
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
