2, Wem Drive
2, Wem Drive
Description & Estimates
According to the public record, 2, Wem Drive, Bedworth is a modern freehold house with 1,216 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wem Drive, Bedworth is £338,186 and the estimated rental value is £1,441 per month.
Wem Drive, Bulkington, Bedworth, CV12 is located in the borough of Nuneaton and Bedworth within the CV12 postal district.
Our Data Sources
2, Wem Drive, Bedworth has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Wem Drive, Bedworth is in very good condition we estimate a sale value of £355,095 and a rental value of £1,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,513 and a rental value of £1,340 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Wem Drive, Bedworth has moved down by £6,878 (2.0%), while its estimated rental value has increased by £31 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
2, Wem Drive, Bedworth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Wem Drive, Bedworth was last sold on 9th September 2022 for £438,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped by 20.8%.
- Sold Sep 2022£438,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wem Drive, Bedworth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Wem Drive, Bedworth, CV12 9BA, a freehold house which sold for £399,000 on the 12th May 2023.
Read more about house prices in CV12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Wem Drive, Bulkington, Bedworth, CV12 has a total of 42 addresses. According to our analysis of all the public data, 2, Wem Drive, Bedworth is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in CV12.
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Schools Nearby
- 400mArden Forest Infant School
- 1.0kmSt James' CofE Academy
- 1.5kmSt Michael's Church of England Academy
- 1.4kmNicholas Chamberlaine School
- 3.5kmGeorge Eliot Academy
- 4.0kmFoxford Community School
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Public Transport Nearby
The closest station to 2, Wem Drive, Bedworth is Bedworth station, which is 1.9 kilometres away.
- 1.9kmBedworth
- 3.7kmBermuda Park
- 5.2kmCoventry Arena
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
