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According to the public record, 18, Blacksmith Way, Coventry is a modern freehold house with 1,001 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Blacksmith Way, Coventry is £277,767 and the estimated rental value is £1,457 per month.
Blacksmith Way, Exhall, Coventry, CV7 is located in the borough of Nuneaton and Bedworth within the CV7 postal district.
18, Blacksmith Way, Coventry has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
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.
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 18, Blacksmith Way, Coventry is in very good condition we estimate a sale value of £291,655 and a rental value of £1,530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,323 and a rental value of £1,355 per month.
Over the last 12 months the sale value of 18 Blacksmith Way Coventry has decreased by an estimated £1,061 (0.4%) and its rental value has increased by an estimated £38 per month (2.6%), giving an expected gross yield of 6.3%.
18, Blacksmith Way, Coventry has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Blacksmith Way, Coventry was last sold on 20th December 2023 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has risen 44.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Blacksmith Way, Coventry within a radius of 910 metres over the last 2 years.
The most recent example is 14, Blacksmith Way, Coventry, CV7 9NN, a freehold house which sold for £259,950 on the 26th January 2024.
Read more about house prices in CV7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blacksmith Way, Exhall, Coventry, CV7 has a total of 18 addresses. According to our analysis of all the public data, 18, Blacksmith Way, Coventry is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in CV7.
The closest station to 18, Blacksmith Way, Coventry is Coventry Arena station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Blacksmith Way, Coventry, 30.9% of property is privately owned outright and 24.5% is privately owned with a mortgage.
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 18, Blacksmith Way, Coventry, 14.7% of residents are recorded as possessing school level qualifications and 21.2% 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 18, Blacksmith Way, Coventry, the average age was 41.2 and the most common age was 32.
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 18, Blacksmith Way, Coventry, 2.1% 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 18, Blacksmith Way, Coventry, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
