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40, Kelvin Road, Leamington Spa is recorded publicly as an early-century freehold house across 990 ft2 of internal area, sitting on a 357 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Kelvin Road, Leamington Spa is £388,559 and its rental estimate is £1,687 per month, given the available information and assuming reasonable condition.
Kelvin Road, Leamington Spa, CV32 falls within the CV32 postal district, in the borough of Warwick.
40, Kelvin Road, Leamington Spa has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated August 2020.
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.
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 40, Kelvin Road, Leamington Spa, we estimate a market value of £407,987 and a rental value of £1,771 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £361,360 and £1,568 per month respectively.
Over the last year, 40, Kelvin Road, Leamington Spa has seen its estimated sale value decline by £736 (0.2%) and its estimated rental value climb by £45 per month (2.7%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 40, Kelvin Road, Leamington Spa as measuring 357 m2.
That makes it the 5th largest plot in the postcode, where 25 of the 26 other houses have recorded plot data.
40, Kelvin Road, Leamington Spa has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Kelvin Road, Leamington Spa completed on 26th May 2023 at £379,500 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 10.4% over the period since May 2023.
Over the past 2 years 3 properties similar to 40, Kelvin Road, Leamington Spa have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 2, Beaufort Avenue, Leamington Spa, CV32 7TA, a freehold house which sold for £375,000.
Read more about house prices in CV32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 1 let of a property comparable to 40, Kelvin Road, Leamington Spa, all within 760 metres.
The latest, in May 2014, was 9, Lindop Close, Leamington Spa, CV32 7HD, a freehold house let by Newman Property Experts.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 106 addresses on Kelvin Road, Leamington Spa, CV32, 40, Kelvin Road, Leamington Spa comes out as the 67th largest and the 81st most expensive in our analysis of the public data.
It is also £25k less expensive than the average property across the CV32 district.
From 40, Kelvin Road, Leamington Spa, the nearest station is Leamington Spa, 3.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Kelvin Road, Leamington Spa, 49.1% of property is privately owned outright and 41.8% is privately owned with a mortgage.
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, Kelvin Road, Leamington Spa, 17.5% of residents are recorded as possessing school level qualifications and 54.5% 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, Kelvin Road, Leamington Spa, the average age was 41.4 and the most common age was 22.
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, Kelvin Road, Leamington Spa, 2.6% 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, Kelvin Road, Leamington Spa, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
