1, Parliament Drive
1, Parliament Drive
Description & Estimates
Public records show 1, Parliament Drive, Nuneaton to be a modern freehold house with 1,367 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Parliament Drive, Nuneaton has an estimated sale value of £369,119 and an estimated rental value of £1,620 per month, assuming reasonable condition and based on the information available.
Parliament Drive, Nuneaton, CV11 lies in the borough of Nuneaton and Bedworth, within the CV11 postal district.
Our Data Sources
1, Parliament Drive, Nuneaton has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Parliament Drive, Nuneaton would be worth £387,575, with a potential rental value of £1,701 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £343,281, with a rental value of £1,506 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Parliament Drive, Nuneaton has moved down by £5,092 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £46 (2.8%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
1, Parliament Drive, Nuneaton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Parliament Drive, Nuneaton last changed hands on 19th December 2022, selling for £400,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.3% since December 2022.
- Sold Dec 2022£400,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 1, Parliament Drive, Nuneaton across the last 2 years.
Most recently, 130, Hayloft Way, Nuneaton, CV11 7AQ, a freehold house, sold at £399,995 on the 30th June 2023.
Read more about house prices in CV11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Parliament Drive, Nuneaton as the 4th largest and the 5th most expensive of the 47 addresses on Parliament Drive, Nuneaton, CV11.
Against the CV11 postcode district average, it is £109k more expensive than the typical property.
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Schools Nearby
- 1.0kmSt Nicolas CofE Academy
- 1.1kmMilby Primary School
- 1.9kmWeddington Primary School
- 1.5kmHigham Lane North Academy
- 1.6kmHigham Lane School
- 2.1kmEtone College
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Public Transport Nearby
Nuneaton station is the nearest stop to 1, Parliament Drive, Nuneaton at 2.5 kilometres away.
- 2.5kmNuneaton
- 4.1kmHinckley (Leics)
- 4.6kmBermuda Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
