Fernlea, Coventry
Fernlea, Coventry
Description & Estimates
According to the public record, Fernlea, Coventry is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,247 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Fernlea, Coventry is £338,512 and the estimated rental value is £1,494 per month.
Breach Oak Lane, Corley, Coventry, CV7 is located in the borough of North Warwickshire within the CV7 postal district.
Our Data Sources
Fernlea, Coventry has a single entry in the Land Registry from October 2009 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Fernlea, Coventry is in very good condition we estimate a sale value of £355,437 and a rental value of £1,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,816 and a rental value of £1,389 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Fernlea, Coventry has declined by £2,302 (0.7%), while its estimated rental value has climbed by £19 per month (1.2%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Sold Prices
According to HM Land Registry, Fernlea, Coventry was last sold on 9th October 2009 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2009, the market for similar properties has risen by 42.1%.
- Sold Oct 2009£225,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Fernlea, Coventry within a radius of 2.2 kilometres over the last 2 years.
The most recent example is Cotswolds, Breach Oak Lane, Coventry, CV7 8AU, a freehold house which sold for £250,000 on the 2nd July 2018.
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
Breach Oak Lane, Corley, Coventry, CV7 has a total of 36 addresses. According to our analysis of all the public data, Fernlea, Coventry is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in CV7.
More reading links
Schools Nearby
- 1.5kmKeresley Newland Primary Academy
- 2.4kmNewdigate Primary and Nursery School
- 3.0kmBournebrook CofE Primary School
- 2.9kmAsh Green School
- 3.3kmPresident Kennedy School Academy
- 3.8kmCardinal Newman Catholic School
More reading links
Public Transport Nearby
The closest station to Fernlea, Coventry is Coventry Arena station, which is 4.5 kilometres away.
- 4.5kmCoventry Arena
- 5.2kmBedworth
- 5.7kmBermuda Park
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
