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According to the public record, 7, Tipton Way, Coventry is a modern Leasehold apartment with 635 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 7, Tipton Way, Coventry is £155,250 and the estimated rental value is £760 per month.
Tipton Way, Coventry, CV2 is located in the borough of Coventry within the CV2 postal district.
7, Tipton Way, Coventry has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property 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 7, Tipton Way, Coventry is in very good condition we estimate a sale value of £163,013 and a rental value of £798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,383 and a rental value of £707 per month.
Over the last 12 months the sale value of 7 Tipton Way Coventry has decreased by an estimated £730 (0.5%) and its rental value has increased by an estimated £25 per month (3.3%), giving an expected gross yield of 5.9%.
7, Tipton Way, Coventry has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Tipton Way, Coventry was last sold on 22nd September 2023 for £164,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 530 metres radius of 7, Tipton Way, Coventry over the last 2 years.
The most recent example is 9, Tipton Way, Coventry, CV2 1TD, a freehold house which sold for £202,000 on the 14th May 2021.
Read more about house prices in CV2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tipton Way, Coventry, CV2 has a total of 34 addresses. According to our analysis of all the public data, 7, Tipton Way, Coventry is the 32nd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in CV2.
The closest station to 7, Tipton Way, Coventry is Coventry Arena station which is 2.6 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 7, Tipton Way, Coventry, 37.2% of property is privately owned with a mortgage and 33.3% is socially rented.
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 7, Tipton Way, Coventry, 24.8% 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 7, Tipton Way, Coventry, the average age was 32.6 and the most common age was 7.
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 7, Tipton Way, Coventry, 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 7, Tipton Way, Coventry, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.