2, Underhill Way
2, Underhill Way
Description & Estimates
Public records show 2, Underhill Way, Leamington Spa to be a modern freehold house with 1,506 ft2 of internal area, sitting on a 456 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Underhill Way, Leamington Spa has an estimated sale value of £623,681 and an estimated rental value of £1,871 per month, assuming reasonable condition and based on the information available.
Underhill Way, Bishops Tachbrook, Leamington Spa, CV33 lies in the borough of Warwick, within the CV33 postal district.
Our Data Sources
2, Underhill Way, Leamington Spa has 2 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated August 2018.
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, Underhill Way, Leamington Spa would be worth £654,866, with a potential rental value of £1,965 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £580,024, with a rental value of £1,740 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, Underhill Way, Leamington Spa has fallen by £9,280 (1.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £34 (1.8%). The property's estimated gross yield is currently 3.6%.
Plot Size
2, Underhill Way, Leamington Spa occupies a 456 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, Underhill Way, Leamington Spa has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2018.
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, Underhill Way, Leamington Spa last changed hands on 21st December 2020, selling for £551,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 29.9% since December 2020.
- Sold Dec 2020£551,000
- Sold Aug 2018£549,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 2, Underhill Way, Leamington Spa across the last 2 years.
Most recently, 7, Jackson Avenue, Leamington Spa, CV33 9SS, a freehold house, sold at £492,000 on the 5th March 2021.
Read more about house prices in CV33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Agents in our network have reported 1 letting within 2.0 kilometres of 2, Underhill Way, Leamington Spa across the last 2 years.
The newest of these is 2 Oakley Wood Cottages, Banbury Road, Leamington Spa, CV33 9QJ, a freehold house let by Newman Property Experts in July 2015.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Our analysis of the public data ranks 2, Underhill Way, Leamington Spa as the 6th largest and the 4th most expensive of the 37 addresses on Underhill Way, Bishops Tachbrook, Leamington Spa, CV33.
Against the CV33 postcode district average, it is £220k more expensive than the typical property.
More reading links
Schools Nearby
- 200mBishops Tachbrook CofE Primary School
- 2.2kmHeathcote Primary School
- 2.5kmSt Joseph's Catholic Primary School
- 3.9kmCampion School
- 4.1kmMyton School
- 5.7kmTrinity Catholic School
More reading links
Public Transport Nearby
Leamington Spa station is the nearest stop to 2, Underhill Way, Leamington Spa at 4.4 kilometres away.
- 4.4kmLeamington Spa
- 5.2kmWarwick
- 6.4kmWarwick Parkway
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
