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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Southway, Leamington Spa is a mid-century freehold house with 947 ft2 of internal area and sits on a 513 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Southway, Leamington Spa is £196,485 and the estimated rental value is £966 per month.
Southway, Leamington Spa, CV31 is located in the borough of Warwick within the CV31 postal district.
40, Southway, Leamington Spa has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Southway, Leamington Spa is in very good condition we estimate a sale value of £206,309 and a rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,731 and a rental value of £899 per month.
Over the last 12 months the sale value of 40 Southway Leamington Spa has decreased by an estimated £1,211 (0.6%) and its rental value has increased by an estimated £26 per month (2.7%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 40, Southway, Leamington Spa sits on a plot of 513m2.
We have plot size data on 23 out of 28 other houses in the postcode and 40, Southway, Leamington Spa sits on the largest plot.
40, Southway, Leamington Spa has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Southway, Leamington Spa was last sold on 16th January 2024 for £187,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 40, Southway, Leamington Spa within a radius of 510 metres over the last 2 years.
The most recent example is 11, Arden Close, Leamington Spa, CV31 2PA, a freehold house which sold for £163,500 on the 8th June 2007.
Read more about house prices in CV31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 510 metres radius of 40, Southway, Leamington Spa over the last 2 years.
Most recently 108, Tachbrook Street, Leamington Spa, CV31 2BH, a freehold house let by Newman Property Experts in May 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southway, Leamington Spa, CV31 has a total of 70 addresses. According to our analysis of all the public data, 40, Southway, Leamington Spa is the 24th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in CV31.
The closest station to 40, Southway, Leamington Spa is Leamington Spa station which is 1.4 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, Southway, Leamington Spa, 38.8% of property is socially rented and 24.0% 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, Southway, Leamington Spa, 25.7% of residents are recorded as possessing school level qualifications and 17.4% 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, Southway, Leamington Spa, the average age was 34.9 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, Southway, Leamington Spa, 2.1% 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, Southway, Leamington Spa, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
