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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, Parsons Way, Coventry is recorded publicly as a modern freehold house across 904 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Parsons Way, Coventry is £298,800 and its rental estimate is £1,446 per month, given the available information and assuming reasonable condition.
Parsons Way, Ash Green, Coventry, CV7 falls within the CV7 postal district, in the borough of Nuneaton and Bedworth.
2, Parsons Way, Coventry has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated June 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.
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, Parsons Way, Coventry, we estimate a market value of £313,740 and a rental value of £1,518 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,884 and £1,344 per month respectively.
Over the last year, 2, Parsons Way, Coventry has seen its estimated sale value grow by £1,846 (0.6%) and its estimated rental value climb by £42 per month (2.9%). This results in an estimated gross rental yield of 5.8%.
2, Parsons Way, Coventry has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Parsons Way, Coventry completed on 30th September 2022 at £293,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 27.4% over the period since September 2022.
Over the past 2 years 3 properties similar to 2, Parsons Way, Coventry have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 3, Owen Road, Coventry, CV7 9DY, a freehold house which sold for £280,250.
Read more about house prices in CV7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 10 addresses on Parsons Way, Ash Green, Coventry, CV7, 2, Parsons Way, Coventry comes out as the 7th largest and the 6th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the CV7 district.
From 2, Parsons Way, Coventry, the nearest station is Coventry Arena, 800 metres away.
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, Parsons Way, Coventry, 42.3% of property is privately owned with a mortgage and 41.1% is privately owned outright.
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, Parsons Way, Coventry, 19.6% of residents are recorded as possessing school level qualifications and 32.0% 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, Parsons 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 2, Parsons Way, Coventry, 0.0% 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, Parsons Way, Coventry, 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.
