7, Parsons Way
7, Parsons Way
Description & Estimates
The public record describes 7, Parsons Way, Coventry as a modern house with 850 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Parsons Way, Coventry has an estimated sale value of £287,761 and an estimated rental value of £1,415 per month, assuming reasonable condition and based on the information available.
Parsons Way, Ash Green, Coventry, CV7 lies in the borough of Nuneaton and Bedworth, within the CV7 postal district.
Our Data Sources
7, Parsons Way, Coventry has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Parsons Way, Coventry would be worth £302,149, with a potential rental value of £1,486 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £267,618, with a rental value of £1,316 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Parsons Way, Coventry has grown by £1,778 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £41 (2.9%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
7, Parsons Way, Coventry has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 870 metres of 7, Parsons Way, Coventry across the last 2 years.
Most recently, 4, Broadbent Close, Coventry, CV7 9FA, a leasehold house, sold at £106,000 on the 29th July 2024.
Read more about house prices in CV7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 7, Parsons Way, Coventry as the 9th largest and the 8th most expensive of the 10 addresses on Parsons Way, Ash Green, Coventry, CV7.
Against the CV7 postcode district average, it is £78k less expensive than the typical property.
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Schools Nearby
- 300mWheelwright Lane Primary School
- 700mJohn Shelton Community Primary School
- 1.5kmParkgate Primary School
- 900mAsh Green School
- 1.4kmPresident Kennedy School Academy
- 1.6kmFoxford Community School
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Public Transport Nearby
Coventry Arena station is the nearest stop to 7, Parsons Way, Coventry at 800 metres away.
- 800mCoventry Arena
- 3.6kmBedworth
- 5.8kmBermuda Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
