16, Meteor Way
16, Meteor Way
Description & Estimates
16, Meteor Way, Southam is recorded publicly as a modern freehold house across 861 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Meteor Way, Southam is £335,645 and its rental estimate is £1,269 per month, given the available information and assuming reasonable condition.
Meteor Way, Southam, CV47 falls within the CV47 postal district, in the borough of Stratford-on-Avon.
Our Data Sources
16, Meteor Way, Southam has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that 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.
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 16, Meteor Way, Southam, we estimate a market value of £352,427 and a rental value of £1,333 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,150 and £1,180 per month respectively.
Recent Market Change
Over the last year, 16, Meteor Way, Southam has seen its estimated sale value decrease by £2,495 (0.7%) and its estimated rental value grow by £40 per month (3.1%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
16, Meteor Way, Southam has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Oct 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
The most recent sale of 16, Meteor Way, Southam completed on 25th November 2022 at £296,000 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 risen by 2.1% over the period since November 2022.
- Sold Nov 2022£296,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Meteor Way, Southam have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2022, was 17, Meteor Way, Southam, CV47 1AP, a freehold house which sold for £297,000.
Read more about house prices in CV47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Similar Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 3 lets of properties comparable to 16, Meteor Way, Southam, all within 990 metres.
The latest, in June 2022, was 6, Typhoon Way, Southam, CV47 1AW, a freehold house let by Newman Property Experts.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 32 addresses on Meteor Way, Southam, CV47, 16, Meteor Way, Southam comes out as the 29th largest and the 29th most expensive in our analysis of the public data.
It is also £25k less expensive than the average property across the CV47 district.
More reading links
Schools Nearby
- 700mSt Mary's Catholic Primary School, Southam
- 1.0kmSoutham St James CofE Academy
- 1.2kmSoutham Primary School
- 1.4kmSoutham College
- 10.0kmCampion School
- 12.4kmNorth Leamington School
More reading links
Public Transport Nearby
From 16, Meteor Way, Southam, the nearest station is Leamington Spa, 11.6 kilometres away.
- 11.6kmLeamington Spa
- 14.6kmWarwick
- 16.6kmRugby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
