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According to the public record, 578, Broad Lane, Coventry is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 630 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 578, Broad Lane, Coventry is £142,214 and the estimated rental value is £931 per month.
Broad Lane, Coventry, CV5 is located in the borough of Coventry within the CV5 postal district.
578, Broad Lane, Coventry has 31 entries in the Land Registry , most recently in December 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 578, Broad Lane, Coventry is in very good condition we estimate a sale value of £149,325 and a rental value of £978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,259 and a rental value of £866 per month.
Over the last 12 months the sale value of 578 Broad Lane Coventry has decreased by an estimated £144 (0.1%) and its rental value has increased by an estimated £17 per month (1.8%), giving an expected gross yield of 7.9%.
According to HM Land Registry, 578, Broad Lane, Coventry was last sold on 23rd December 2014 for £107,250 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2014, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 578, Broad Lane, Coventry within a radius of 520 metres over the last 2 years.
The most recent example is 42, High Park Close, Coventry, CV5 7BE, a leasehold flat which sold for £163,000 on the 12th March 2025.
Read more about house prices in CV5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 578, Broad Lane, Coventry within a radius of 520 metres over the last 2 years.
Most recently 49 Forest Court, Unicorn Lane, Coventry, CV5 7LL, a leasehold flat let by Newman Property Experts in November 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Coventry, CV5 has a total of 600 addresses. According to our analysis of all the public data, 578, Broad Lane, Coventry is the 530th largest and the 538th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in CV5.
The closest station to 578, Broad Lane, Coventry is Tile Hill station which is 2.2 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 578, Broad Lane, Coventry, 44.7% of property is privately owned outright and 33.3% 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 578, Broad Lane, Coventry, 19.2% of residents are recorded as possessing school level qualifications and 32.9% 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 578, Broad Lane, Coventry, the average age was 38.8 and the most common age was 32.
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 578, Broad Lane, Coventry, 0.8% 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 578, Broad Lane, Coventry, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.