3, Parsons Way
3, Parsons Way
Description & Estimates
3, Parsons Way, Coventry is described in the public record as a modern house with 1,001 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Parsons Way, Coventry is £311,383 and its rental estimate is £1,462 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.
Our Data Sources
3, Parsons Way, Coventry has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data 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.
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, Parsons Way, Coventry, we estimate a market value of £326,952 and a rental value of £1,535 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £289,586 and £1,359 per month respectively.
Recent Market Change
Over the last year, 3, Parsons Way, Coventry has seen its estimated sale value climb by £1,924 (0.6%) and its estimated rental value rise by £42 per month (2.9%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
3, Parsons Way, Coventry has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Parsons Way, Coventry have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th May 2024, was 22, Owen Road, Coventry, CV7 9DY, a freehold house which sold for £277,000.
Read more about house prices in CV7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Parsons Way, Ash Green, Coventry, CV7, 3, Parsons Way, Coventry comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £54k less expensive than the average property across the CV7 district.
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Schools Nearby
- 300mWheelwright Lane Primary School
- 700mJohn Shelton Community Primary School
- 1.5kmParkgate Primary School
- 900mAsh Green School
- 1.4kmPresident Kennedy School Academy
- 1.6kmFoxford Community School
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Public Transport Nearby
From 3, Parsons Way, Coventry, the nearest station is Coventry Arena, 800 metres away.
- 800mCoventry Arena
- 3.6kmBedworth
- 5.8kmBermuda Park
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
