1, Watermill Lane
1, Watermill Lane
Description & Estimates
1, Watermill Lane, Coventry is recorded publicly as a modern freehold house across 882 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Watermill Lane, Coventry is £355,214 and its rental estimate is £1,477 per month, given the available information and assuming reasonable condition.
Watermill Lane, Allesley, Coventry, CV5 falls within the CV5 postal district, in the borough of Coventry.
Our Data Sources
1, Watermill Lane, Coventry has a single entry in the Land Registry from March 2025 and a single entry in the EPC database dated February 2025.
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, Watermill Lane, Coventry, we estimate a market value of £372,974 and a rental value of £1,550 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £330,349 and £1,373 per month respectively.
Recent Market Change
Over the last year, 1, Watermill Lane, Coventry has seen its estimated sale value grow by £102 (0.0%) and its estimated rental value climb by £43 per month (2.9%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
1, Watermill Lane, Coventry has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Feb 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Watermill Lane, Coventry completed on 14th March 2025 at £350,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 19.4% over the period since March 2025.
- Sold Mar 2025£350,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Watermill Lane, Coventry have sold within a radius of 920 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 2, Watermill Lane, Coventry, CV5 9PZ, a freehold house which sold for £390,000.
Read more about house prices in CV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 3 lets within 920 metres of 1, Watermill Lane, Coventry.
The latest, in March 2023, was 84, Astoria Drive, Coventry, CV4 9ZY, a freehold house let by Newman Property Experts.
- Let Mar 2023£ Undisclosed | 3 Bed HouseAstoria Drive84, Astoria Drive, Coventry, CV4 9ZY
- Let Oct 2021£ Undisclosed | 2 Bed FlatUpper Eastern Green Lane36 Garden Flats, Upper Eastern Green Lane, Coventry, CV5 7DE
- Let Feb 2019£ Undisclosed | 2 Bed FlatMagpie House, Upper Eastern Green LaneFlat 8, Magpie House, Upper Eastern Green Lane, Coventry, CV5 7DB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 9 addresses on Watermill Lane, Allesley, Coventry, CV5, 1, Watermill Lane, Coventry comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £75k more expensive than the average property across the CV5 district.
More reading links
Schools Nearby
- 200mEastern Green Junior School
- 400mSt Andrew's Church of England Infant School
- 1.5kmPark Hill Primary School
- 1.8kmWest Coventry Academy
- 2.9kmFinham Park 2
- 3.7kmCoundon Court
More reading links
Public Transport Nearby
From 1, Watermill Lane, Coventry, the nearest station is Tile Hill, 2.8 kilometres away.
- 2.8kmTile Hill
- 4.0kmCanley
- 4.2kmBerkswell
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
