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Company No. 11113204
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According to the public record, 2, Mill Street, Leamington Spa is a period leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mill Street, Leamington Spa is £322,692 and the estimated rental value is £1,351 per month.
The apartment is within 2, Mill Street, Leamington Spa, CV31.
Mill Street, Leamington Spa, CV31 is located in the borough of Warwick within the CV31 postal district.
2, Mill Street, Leamington Spa has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated September 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Mill Street, Leamington Spa is in very good condition we estimate a sale value of £338,826 and a rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,103 and a rental value of £1,257 per month.
Over the last 12 months the sale value of 2 Mill Street Leamington Spa has decreased by an estimated £2,965 (0.9%) and its rental value has increased by an estimated £30 per month (2.2%), giving an expected gross yield of 5%.
2, Mill Street, Leamington Spa has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Mill Street, Leamington Spa was last sold on 21st March 2014 for £242,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2014, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Street, Leamington Spa within a radius of 430 metres over the last 2 years.
The most recent example is Flat 2, Clifton Lodge 18, Russell Terrace, Leamington Spa, CV31 1EZ, a leasehold flat which sold for £260,000 on the 10th August 2022.
Read more about house prices in CV31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets of properties similar to 2, Mill Street, Leamington Spa within a radius of 430 metres over the last 2 years.
Most recently Flat 2, Manor Court, Avenue Road, Leamington Spa, CV31 3NL, a leasehold flat let by Newman Property Experts in October 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Street, Leamington Spa, CV31 has a total of 9 addresses. According to our analysis of all the public data, 2, Mill Street, Leamington Spa is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in CV31.
The closest station to 2, Mill Street, Leamington Spa is Leamington Spa station which is 400 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mill Street, Leamington Spa, 50.4% of property is privately rented and 25.5% 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 2, Mill Street, Leamington Spa, 30.5% of residents are recorded as possessing school level qualifications and 54.2% 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 2, Mill Street, Leamington Spa, the average age was 37.1 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 2, Mill Street, Leamington Spa, 3.7% 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, Mill Street, Leamington Spa, 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.
