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Bricks&Logic is a trading name of Urban Markets Ltd
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, 862, Broad Lane, Coventry is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 284 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 862, Broad Lane, Coventry is £248,810 and the estimated rental value is £1,285 per month.
Broad Lane, Coventry, CV5 is located in the borough of Coventry within the CV5 postal district.
862, Broad Lane, Coventry has 31 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated November 2018.
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.
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 862, Broad Lane, Coventry is in very good condition we estimate a sale value of £261,250 and a rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,393 and a rental value of £1,195 per month.
Over the last 12 months the sale value of 862 Broad Lane Coventry has increased by an estimated £22 (0.0%) and its rental value has increased by an estimated £26 per month (2.0%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 862, Broad Lane, Coventry sits on a plot of 284m2.
We have plot size data on 29 out of 33 other houses in the postcode and 862, Broad Lane, Coventry sits on the 17th largest plot.
862, Broad Lane, Coventry has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2018.
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, 862, Broad Lane, Coventry was last sold on 9th December 2021 for £307,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2021, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 862, Broad Lane, Coventry within a radius of 590 metres over the last 2 years.
The most recent example is 3, Goldthorn Close, Coventry, CV5 7DY, a freehold house which sold for £222,000 on the 29th July 2024.
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 within a 590 metres radius of 862, Broad Lane, Coventry over the last 2 years.
Most recently Flat 8, Magpie House, Upper Eastern Green Lane, Coventry, CV5 7DB, a leasehold flat let by Newman Property Experts in February 2019.
•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, 862, Broad Lane, Coventry is the 298th largest and the 453rd most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in CV5.
The closest station to 862, Broad Lane, Coventry is Tile Hill station which is 2.1 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 862, Broad Lane, Coventry, 41.8% of property is privately owned outright and 39.3% 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 862, Broad Lane, Coventry, 20.2% of residents are recorded as possessing school level qualifications and 29.4% 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 862, Broad Lane, Coventry, the average age was 40 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 862, Broad Lane, Coventry, 0.7% 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 862, Broad Lane, Coventry, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
