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48, Ropeway, Southam is recorded publicly as a modern freehold house across 818 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 48, Ropeway, Southam is £338,530 and its rental estimate is £1,257 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.
48, Ropeway, Southam has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 2022.
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 48, Ropeway, Southam, we estimate a market value of £355,457 and a rental value of £1,320 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £314,833 and £1,169 per month respectively.
Over the last year, 48, Ropeway, Southam has seen its estimated sale value decrease by £2,516 (0.7%) and its estimated rental value grow by £39 per month (3.1%). This results in an estimated gross rental yield of 4.5%.
48, Ropeway, Southam has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 48, Ropeway, Southam completed on 30th September 2022 at £332,500 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 6.7% over the period since September 2022.
Over the past 2 years 3 properties similar to 48, Ropeway, Southam have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th January 2023, was 50, Ropeway, Southam, CV47 2ED, a freehold house which sold for £332,500.
Read more about house prices in CV47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 2 lets of properties comparable to 48, Ropeway, Southam, all within 2.5 kilometres.
The latest, in May 2016, was 4, Old Road, Southam, CV47 2RS, a freehold house let by Newman Property Experts.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 87 addresses on Ropeway, Bishops Itchington, Southam, CV47, 48, Ropeway, Southam comes out as the 56th largest and the 54th most expensive in our analysis of the public data.
It is also £22k less expensive than the average property across the CV47 district.
From 48, Ropeway, Southam, the nearest station is Leamington Spa, 10.0 kilometres away.
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 48, Ropeway, Southam, % of property is and % is .
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 48, Ropeway, Southam, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 48, Ropeway, Southam, 0.0% 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 48, Ropeway, Southam, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.