37, Ropeway
37, Ropeway
Description & Estimates
37, Ropeway, Southam is recorded publicly as a modern freehold house across 624 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 37, Ropeway, Southam is £291,471 and its rental estimate is £1,098 per month, given the available information and assuming reasonable condition.
Ropeway, Bishops Itchington, Southam, CV47 falls within the CV47 postal district, in the borough of Stratford-on-Avon.
Our Data Sources
37, Ropeway, Southam has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated August 2023.
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 37, Ropeway, Southam, we estimate a market value of £306,045 and a rental value of £1,153 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £271,068 and £1,021 per month respectively.
Recent Market Change
Over the last year, 37, Ropeway, Southam has seen its estimated sale value decrease by £1,863 (0.6%) and its estimated rental value grow by £42 per month (3.8%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
37, Ropeway, Southam has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 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
The most recent sale of 37, Ropeway, Southam completed on 15th February 2024 at £259,000 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 7.7% over the period since February 2024.
- Sold Feb 2024£259,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 37, Ropeway, Southam have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 45, Ropeway, Southam, CV47 2ED, a freehold house which sold for £255,000.
Read more about house prices in CV47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Similar Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 2 lets of properties comparable to 37, Ropeway, Southam, all within 2.4 kilometres.
The latest, in January 2022, was 8, Bishops Gate, Southam, CV47 2UT, a freehold house let by Newman Property Experts.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 87 addresses on Ropeway, Bishops Itchington, Southam, CV47, 37, Ropeway, Southam comes out as the 68th largest and the 65th most expensive in our analysis of the public data.
It is also £69k less expensive than the average property across the CV47 district.
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Schools Nearby
- 1.0kmBishops Itchington Primary School
- 2.6kmHarbury CofE Primary School
- 4.1kmSoutham Primary School
- 4.1kmSoutham College
- 8.4kmCampion School
- 9.3kmKineton High School
More reading links
Public Transport Nearby
From 37, Ropeway, Southam, the nearest station is Leamington Spa, 10.0 kilometres away.
- 10.0kmLeamington Spa
- 12.7kmWarwick
- 14.4kmWarwick Parkway
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
