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2, Park Road, Leamington Spa is recorded publicly as a modern freehold house across 2,303 ft2 of internal area, sitting on a 780 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Park Road, Leamington Spa is £988,473 and its rental estimate is £2,083 per month, given the available information and assuming reasonable condition.
Park Road, Leamington Spa, CV32 falls within the CV32 postal district, in the borough of Warwick.
2, Park Road, Leamington Spa has 31 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated March 2015.
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.
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 2, Park Road, Leamington Spa, we estimate a market value of £1,037,897 and a rental value of £2,187 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £919,280 and £1,937 per month respectively.
Over the last year, 2, Park Road, Leamington Spa has seen its estimated sale value drop by £17,613 (1.8%) and its estimated rental value rise by £22 per month (1.1%). This results in an estimated gross rental yield of 2.5%.
HM Land Registry records the plot of land for 2, Park Road, Leamington Spa as measuring 780 m2.
That makes it the 17th largest plot in the postcode, where 49 of the 53 other houses have recorded plot data.
2, Park Road, Leamington Spa has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Park Road, Leamington Spa completed on 4th August 2021 at £955,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 14.4% over the period since August 2021.
Over the past 2 years 3 properties similar to 2, Park Road, Leamington Spa have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2024, was 6, Cloister Way, Leamington Spa, CV32 6QE, a freehold house which sold for £950,000.
Read more about house prices in CV32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 3 lets within 710 metres of 2, Park Road, Leamington Spa.
The latest, in January 2015, was 28, Dereham Court, Leamington Spa, CV32 5UN, a leasehold flat let by Newman Property Experts.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 76 addresses on Park Road, Leamington Spa, CV32, 2, Park Road, Leamington Spa comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £575k more expensive than the average property across the CV32 district.
From 2, Park Road, Leamington Spa, the nearest station is Leamington Spa, 2.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Park Road, Leamington Spa, 39.2% of property is privately owned outright and 30.7% 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, Park Road, Leamington Spa, 19.3% of residents are recorded as possessing school level qualifications and 55.0% 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, Park Road, Leamington Spa, the average age was 41.4 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, Park Road, Leamington Spa, 0.9% 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, Park Road, Leamington Spa, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.