29, Spectrum Avenue
29, Spectrum Avenue
Description & Estimates
29, Spectrum Avenue, Rugby is recorded publicly as a modern freehold house across 613 ft2 of internal area, sitting on a 233 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 29, Spectrum Avenue, Rugby is £288,782 and its rental estimate is £1,218 per month, given the available information and assuming reasonable condition.
Spectrum Avenue, Rugby, CV22 falls within the CV22 postal district, in the borough of Rugby.
Our Data Sources
29, Spectrum Avenue, Rugby has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 29, Spectrum Avenue, Rugby, we estimate a market value of £303,221 and a rental value of £1,279 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £268,567 and £1,133 per month respectively.
Recent Market Change
Over the last year, 29, Spectrum Avenue, Rugby has seen its estimated sale value decrease by £2,634 (0.9%) and its estimated rental value grow by £27 per month (2.2%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 29, Spectrum Avenue, Rugby as measuring 233 m2.
That makes it the 9th largest plot in the postcode, where 14 of the 33 other houses have recorded plot data.
Energy Efficiency
29, Spectrum Avenue, Rugby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 29, Spectrum Avenue, Rugby completed on 10th June 2022 at £231,995 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 dropped by 6.0% over the period since June 2022.
- Sold Jun 2022£231,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Spectrum Avenue, Rugby have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was 37, Klein Way, Rugby, CV22 5FZ, a freehold house which sold for £274,995.
Read more about house prices in CV22.
- Sold Aug 2023£274,995 | 3 Bed House37, Klein Way, Rugby, CV22 5FZ37, Klein Way, Rugby, CV22 5FZ
- Sold Jun 2023£269,995 | 3 Bed House41, Klein Way, Rugby, CV22 5FZ41, Klein Way, Rugby, CV22 5FZ
- Sold Jun 2022£221,995 | 3 Bed House37, Spectrum Avenue, Rugby, CV22 5FQ37, Spectrum Avenue, Rugby, CV22 5FQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 117 addresses on Spectrum Avenue, Rugby, CV22, 29, Spectrum Avenue, Rugby comes out as the 71st largest and the 71st most expensive in our analysis of the public data.
It is also £37k less expensive than the average property across the CV22 district.
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Schools Nearby
- 1.2kmRokeby Primary School
- 1.3kmBawnmore Community Infant School
- 1.4kmBilton CofE Junior School
- 1.1kmRugby Free Secondary School
- 1.5kmHarris Church of England Academy
- 1.7kmRugby High School
More reading links
Public Transport Nearby
From 29, Spectrum Avenue, Rugby, the nearest station is Rugby, 3.3 kilometres away.
- 3.3kmRugby
- 13.4kmLong Buckby
- 18.0kmCoventry
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
