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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, Flat 1, 49, Welland Road, Coventry is a modern Leasehold apartment with 430 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 Flat 1, 49, Welland Road, Coventry is £170,288 and the estimated rental value is £965 per month.
The apartment is within 49, Welland Road, Coventry, CV1.
Welland Road, Coventry, CV1 is located in the borough of Coventry within the CV1 postal district.
Flat 1, 49, Welland Road, Coventry has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated May 2024.
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 Flat 1, 49, Welland Road, Coventry is in very good condition we estimate a sale value of £178,802 and a rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,368 and a rental value of £897 per month.
Over the last 12 months the sale value of Flat 1 49 Welland Road Coventry has increased by an estimated £943 (0.6%) and its rental value has increased by an estimated £27 per month (2.8%), giving an expected gross yield of 6.8%.
Flat 1, 49, Welland Road, Coventry has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 May 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 1, 49, Welland Road, Coventry was last sold on 23rd September 2022 for £175,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has dropped 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 430 metres radius of Flat 1, 49, Welland Road, Coventry over the last 2 years.
The most recent example is 53, Welland Road, Coventry, CV1 2DE, a freehold house which sold for £177,500 on the 27th March 2024.
Read more about house prices in CV1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welland Road, Coventry, CV1 has a total of 65 addresses. According to our analysis of all the public data, Flat 1, 49, Welland Road, Coventry is the 54th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in CV1.
The closest station to Flat 1, 49, Welland Road, Coventry is Coventry station which is 1.5 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 Flat 1, 49, Welland Road, Coventry, 42.6% of property is socially rented and 35.2% is privately 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 Flat 1, 49, Welland Road, Coventry, 40.2% of residents are recorded as possessing school level qualifications and 25.0% 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 Flat 1, 49, Welland Road, Coventry, the average age was 28.3 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 Flat 1, 49, Welland Road, 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 Flat 1, 49, Welland Road, Coventry, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
