31, Mica Close
31, Mica Close
Description & Estimates
31, Mica Close, Rugby appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 510 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 31, Mica Close, Rugby is £74,832 and its rental estimate is £491 per month, given the available information and assuming reasonable condition.
Mica Close, Rugby, CV21 falls within the CV21 postal district, in the borough of Rugby.
Our Data Sources
31, Mica Close, Rugby has a single entry in the Land Registry from August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 31, Mica Close, Rugby, we estimate a market value of £78,573 and a rental value of £516 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,593 and £457 per month respectively.
Recent Market Change
Over the last year, 31, Mica Close, Rugby has seen its estimated sale value drop by £601 (0.8%) and its estimated rental value rise by £11 per month (2.2%). This results in an estimated gross rental yield of 7.9%.
Sold Prices
The most recent sale of 31, Mica Close, Rugby completed on 29th August 2008 at £50,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 22.8% over the period since August 2008.
- Sold Aug 2008£50,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 31, Mica Close, Rugby has sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th October 2021, was 2, Mica Close, Rugby, CV21 3UX, a leasehold flat which sold for £76,000.
Read more about house prices in CV21.
•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 500 metres of 31, Mica Close, Rugby.
The latest, in May 2021, was 50, Oxford Street, Rugby, CV21 3NE, a freehold house let by Newman Property Experts.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 30 addresses on Mica Close, Rugby, CV21, 31, Mica Close, Rugby comes out as the 30th largest and the 29th most expensive in our analysis of the public data.
It is also £162k less expensive than the average property across the CV21 district.
More reading links
Schools Nearby
- 500mEastlands Primary School
- 600mSt Andrew's Benn CofE (Voluntary Aided) Primary School
- 1.0kmNorthlands Primary School
- 700mLawrence Sheriff School
- 1.8kmRugby Free Secondary School
- 1.8kmAshlawn School
More reading links
Public Transport Nearby
From 31, Mica Close, Rugby, the nearest station is Rugby, 1.0 kilometres away.
- 1.0kmRugby
- 13.7kmLong Buckby
- 18.5kmCoventry
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
