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As updated by Newman Property Experts in August 2014, 6A, The Shopping Centre, Leamington Spa is a mid-century leasehold apartment with 721 ft2 of internal area comprising 2 bedrooms.
The property has 89 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 6A, The Shopping Centre, Leamington Spa is £149,038 and the estimated rental value is £1,199 per month.
The apartment is within 6, The Shopping Centre, Leamington Spa, CV31.
The Shopping Centre, Leamington Spa, CV31 is located in the borough of Warwick within the CV31 postal district.
6A, The Shopping Centre, Leamington Spa has been updated by Newman Property Experts. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 1 out of 5 and is considered of low 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 6A, The Shopping Centre, Leamington Spa is in very good condition we estimate a sale value of £156,490 and a rental value of £1,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,605 and a rental value of £1,115 per month.
Over the last 12 months the sale value of 6A The Shopping Centre Leamington Spa has decreased by an estimated £1,034 (0.7%) and its rental value has increased by an estimated £31 per month (2.6%), giving an expected gross yield of 9.7%.
6A, The Shopping Centre, Leamington Spa has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2024.
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, 6A, The Shopping Centre, Leamington Spa was last sold on 31st October 2014 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2014, the market for similar properties has risen 47.6%
According to Newman Property Experts , 6A, The Shopping Centre, Leamington Spa was most recently let in August 2014 for an undisclosed price.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6A, The Shopping Centre, Leamington Spa within a radius of 570 metres over the last 2 years.
The most recent example is Flat 6, 15, Redland Road, Leamington Spa, CV31 2PB, a leasehold flat which sold for £114,500 on the 11th April 2023.
Read more about house prices in CV31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 570 metres radius of 6A, The Shopping Centre, Leamington Spa over the last 2 years.
Most recently 108, Tachbrook Street, Leamington Spa, CV31 2BH, a freehold house let by Newman Property Experts in May 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Shopping Centre, Leamington Spa, CV31 has a total of 8 addresses. According to our analysis of all the public data, 6A, The Shopping Centre, Leamington Spa is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in CV31.
The closest station to 6A, The Shopping Centre, Leamington Spa is Leamington Spa station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 6A, The Shopping Centre, Leamington Spa, 38.8% of property is socially rented and 24.0% is privately owned outright.
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 6A, The Shopping Centre, Leamington Spa, 25.7% of residents are recorded as possessing school level qualifications and 17.4% 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 6A, The Shopping Centre, Leamington Spa, the average age was 34.9 and the most common age was 22.
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 6A, The Shopping Centre, Leamington Spa, 2.1% 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 6A, The Shopping Centre, Leamington Spa, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
