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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 124, Paynes Lane, Coventry is a period apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 124, Paynes Lane, Coventry is £96,835 and the estimated rental value is £676 per month.
The apartment is within 124, Paynes Lane, Coventry, CV1.
Paynes Lane, Coventry, CV1 is located in the borough of Coventry within the CV1 postal district.
124, Paynes Lane, Coventry has no records in the the Land Registry and a single entry in the EPC database dated July 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 124, Paynes Lane, Coventry is in very good condition we estimate a sale value of £101,676 and a rental value of £710 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,056 and a rental value of £629 per month.
Over the last 12 months the sale value of 124 Paynes Lane Coventry has increased by an estimated £1,373 (1.4%) and its rental value has increased by an estimated £25 per month (3.8%), giving an expected gross yield of 8.4%.
124, Paynes Lane, Coventry has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 124, Paynes Lane, Coventry within a radius of 380 metres over the last 2 years.
The most recent example is 17, Highfield Road, Coventry, CV2 4GU, a leasehold flat which sold for £100,000 on the 1st October 2021.
Read more about house prices in CV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 380 metres radius of 124, Paynes Lane, Coventry over the last 2 years.
Most recently 77, Signet Square, Coventry, CV2 4NZ, a leasehold flat let by Newman Property Experts in September 2017.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paynes Lane, Coventry, CV1 has a total of 52 addresses. According to our analysis of all the public data, 124, Paynes Lane, Coventry is the 22nd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in CV1.
The closest station to 124, Paynes Lane, Coventry is Coventry station which is 1.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 124, Paynes Lane, Coventry, 59.9% of property is privately rented and 22.5% is socially rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 124, Paynes Lane, Coventry, 46.2% of residents are recorded as possessing school level qualifications and 35.3% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 124, Paynes Lane, Coventry, the average age was 29 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 124, Paynes Lane, Coventry, 0.6% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 124, Paynes Lane, Coventry, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
