2, Chimes Lane
2, Chimes Lane
Description & Estimates
Public records show 2, Chimes Lane, Leamington Spa to be a modern leasehold house with 1,194 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Chimes Lane, Leamington Spa has an estimated sale value of £417,349 and an estimated rental value of £1,621 per month, assuming reasonable condition and based on the information available.
Chimes Lane, Whitnash, Leamington Spa, CV31 lies in the borough of Warwick, within the CV31 postal district.
Our Data Sources
2, Chimes Lane, Leamington Spa has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Chimes Lane, Leamington Spa would be worth £438,217, with a potential rental value of £1,702 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £388,135, with a rental value of £1,508 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Chimes Lane, Leamington Spa has dropped by £4,410 (1.1%) over the last year. During the same period, its estimated monthly rental value has risen by £36 (2.2%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
2, Chimes Lane, Leamington Spa has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Chimes Lane, Leamington Spa last changed hands on 29th September 2017, selling for £359,995. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 14.4% since September 2017.
- Sold Sep 2017£359,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 2, Chimes Lane, Leamington Spa across the last 2 years.
Most recently, 54, Lancaster Way, Leamington Spa, CV31 2BF, a freehold house, sold at £370,000 on the 19th October 2022.
Read more about house prices in CV31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Agents in our network have reported 3 lettings within 680 metres of 2, Chimes Lane, Leamington Spa across the last 2 years.
The newest of these is 8, Verdun Close, Leamington Spa, CV31 2LR, a freehold house let by Newman Property Experts in September 2014.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Our analysis of the public data ranks 2, Chimes Lane, Leamington Spa as the 2nd largest and the 2nd most expensive of the 4 addresses on Chimes Lane, Whitnash, Leamington Spa, CV31.
Against the CV31 postcode district average, it is £98k more expensive than the typical property.
More reading links
Schools Nearby
- 500mSt Joseph's Catholic Primary School
- 700mSt. Margaret's CofE Junior School
- 700mBriar Hill Infant School
- 1.8kmCampion School
- 3.2kmMyton School
- 4.2kmTrinity Catholic School
More reading links
Public Transport Nearby
Leamington Spa station is the nearest stop to 2, Chimes Lane, Leamington Spa at 2.6 kilometres away.
- 2.6kmLeamington Spa
- 4.5kmWarwick
- 6.2kmWarwick Parkway
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
