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According to the public record, 40, Binley Avenue, Coventry is a early-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Binley Avenue, Coventry is £98,078 and the estimated rental value is £734 per month.
The apartment is within 40, Binley Avenue, Binley, Coventry, CV3.
Binley Avenue, Binley, Coventry, CV3 is located in the borough of Coventry within the CV3 postal district.
40, Binley Avenue, Coventry has 3 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated November 2021.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 40, Binley Avenue, Coventry is in very good condition we estimate a sale value of £102,982 and a rental value of £770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,212 and a rental value of £682 per month.
Over the last 12 months the sale value of 40 Binley Avenue Coventry has increased by an estimated £1,255 (1.3%) and its rental value has increased by an estimated £26 per month (3.5%), giving an expected gross yield of 9%.
40, Binley Avenue, Coventry has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Binley Avenue, Coventry was last sold on 6th October 2017 for £84,250 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2017, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Binley Avenue, Coventry within a radius of 690 metres over the last 2 years.
The most recent example is 23, Bridgecote, Coventry, CV3 3FF, a leasehold flat which sold for £64,000 on the 15th December 2020.
Read more about house prices in CV3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Binley Avenue, Binley, Coventry, CV3 has a total of 53 addresses. According to our analysis of all the public data, 40, Binley Avenue, Coventry is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in CV3.
The closest station to 40, Binley Avenue, Coventry is Coventry station which is 4.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Binley Avenue, Coventry, 39.2% of property is privately owned with a mortgage and 32.3% is privately owned outright.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Binley Avenue, Coventry, 24.0% of residents are recorded as possessing school level qualifications and 22.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Binley Avenue, Coventry, the average age was 36.1 and the most common age was 7.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Binley Avenue, Coventry, 0.6% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Binley Avenue, Coventry, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
