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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cherrywood Grove, Coventry is £500,944 and the estimated rental value is £1,664 per month.
Cherrywood Grove, Coventry, CV5 is located in the borough of Coventry within the CV5 postal district.
2, Cherrywood Grove, Coventry has 41 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated March 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.
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 2, Cherrywood Grove, Coventry is in very good condition we estimate a sale value of £525,991 and a rental value of £1,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,878 and a rental value of £1,548 per month.
Over the last 12 months the sale value of 2 Cherrywood Grove Coventry has decreased by an estimated £3,413 (0.7%) and its rental value has increased by an estimated £25 per month (1.5%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, Cherrywood Grove, Coventry sits on a plot of 444m2.
We have plot size data on 24 out of 24 other houses in the postcode and 2, Cherrywood Grove, Coventry sits on the 15th largest plot.
2, Cherrywood Grove, Coventry has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Cherrywood Grove, Coventry was last sold on 8th August 2022 for £520,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2022, the market for similar properties has dropped 21.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherrywood Grove, Coventry within a radius of 750 metres over the last 2 years.
The most recent example is 18, Juniper Drive, Coventry, CV5 7QH, a freehold house which sold for £465,000 on the 27th January 2023.
Read more about house prices in CV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 750 metres radius of 2, Cherrywood Grove, Coventry over the last 2 years.
Most recently 49 Forest Court, Unicorn Lane, Coventry, CV5 7LL, a leasehold flat let by Newman Property Experts in November 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherrywood Grove, Coventry, CV5 has a total of 24 addresses. According to our analysis of all the public data, 2, Cherrywood Grove, Coventry is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in CV5.
The closest station to 2, Cherrywood Grove, Coventry is Canley station which is 3.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 2, Cherrywood Grove, Coventry, 52.1% of property is privately owned outright and 41.4% 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 2, Cherrywood Grove, Coventry, 19.7% of residents are recorded as possessing school level qualifications and 41.1% 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 2, Cherrywood Grove, Coventry, the average age was 46.9 and the most common age was 72.
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 2, Cherrywood Grove, Coventry, 1.1% 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 2, Cherrywood Grove, Coventry, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.