3, Journal Close
3, Journal Close
Description & Estimates
3, Journal Close, Rugby is recorded publicly as a modern leasehold house across 785 ft2 of internal area, sitting on a 186 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Journal Close, Rugby is £255,303 and its rental estimate is £1,281 per month, given the available information and assuming reasonable condition.
Journal Close, Newton, Rugby, CV23 falls within the CV23 postal district, in the borough of Rugby.
Our Data Sources
3, Journal Close, Rugby has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated May 2019.
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
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 3, Journal Close, Rugby, we estimate a market value of £268,068 and a rental value of £1,345 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,431 and £1,192 per month respectively.
Recent Market Change
Over the last year, 3, Journal Close, Rugby has seen its estimated sale value drop by £1,825 (0.7%) and its estimated rental value rise by £32 per month (2.5%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 3, Journal Close, Rugby as measuring 186 m2.
That makes it the 5th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
3, Journal Close, Rugby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 May 2019.
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 3, Journal Close, Rugby completed on 19th April 2024 at £235,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 3.8% over the period since April 2024.
- Sold Apr 2024£235,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Journal Close, Rugby have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2025, was 95, Chervil Way, Rugby, CV23 0AX, a freehold house which sold for £255,550.
Read more about house prices in CV23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 3 lets within 1.5 kilometres of 3, Journal Close, Rugby.
The latest, in December 2024, was 42, Grendon Drive, Rugby, CV21 1UB, a freehold house let by Newman Property Experts.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 10 addresses on Journal Close, Newton, Rugby, CV23, 3, Journal Close, Rugby comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the CV23 district.
More reading links
Schools Nearby
- 1.0kmRugby Free Primary School
- 1.5kmBrownsover Community School
- 2.0kmThe Griffin Primary School
- 4.0kmThe Avon Valley School and Performing Arts College
- 4.1kmLawrence Sheriff School
- 4.5kmHoulton School
More reading links
Public Transport Nearby
From 3, Journal Close, Rugby, the nearest station is Rugby, 3.2 kilometres away.
- 3.2kmRugby
- 15.1kmLong Buckby
- 17.9kmHinckley (Leics)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
