Flat 75, Mercia House
Flat 75, Mercia House
Description & Estimates
The public record describes Flat 75, Mercia House, Coventry as a mid-century apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 75, Mercia House, Coventry has an estimated sale value of £93,964 and an estimated rental value of £747 per month, assuming reasonable condition and based on the information available.
The apartment sits within Mercia House, The Precinct, Coventry, CV1.
The Precinct, Coventry, CV1 lies in the borough of Coventry, within the CV1 postal district.
Our Data Sources
Flat 75, Mercia House, Coventry has no records in the the Land Registry and a single entry in the EPC database dated August 2013.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate Flat 75, Mercia House, Coventry would be worth £98,662, with a potential rental value of £785 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £87,386, with a rental value of £695 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 75, Mercia House, Coventry has decreased by £464 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £12 (1.6%). The property's estimated gross yield is currently 9.5%.
Energy Efficiency
Flat 75, Mercia House, Coventry has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Flat 75, Mercia House, Coventry across the last 2 years.
Most recently, Flat 66, Mercia House, The Precinct, Coventry, CV1 1NR, a leasehold flat, sold at £90,000 on the 9th April 2021.
Read more about house prices in CV1.
- Sold Apr 2021£90,000 | 2 Bed FlatMercia House, The PrecinctFlat 66, Mercia House, The Precinct, Coventry, CV1 1NR
- Sold Jan 2016£85,000 | 2 Bed FlatMercia House, The PrecinctFlat 70, Mercia House, The Precinct, Coventry, CV1 1NR
- Sold Jul 2015£69,800 | 2 Bed FlatMercia House, The PrecinctFlat 76, Mercia House, The Precinct, Coventry, CV1 1NR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 75, Mercia House, Coventry as the 30th largest and the 49th most expensive of the 97 addresses on The Precinct, Coventry, CV1.
Against the CV1 postcode district average, it is £69k less expensive than the typical property.
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Schools Nearby
- 400mSt Osburg's Catholic Primary School
- 600mSpon Gate Primary School
- 1.1kmSidney Stringer Primary Academy
- 800mBarr's Hill School
- 900mSidney Stringer Academy
- 1.0kmEden Girls' School, Coventry
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Public Transport Nearby
Coventry station is the nearest stop to Flat 75, Mercia House, Coventry at 800 metres away.
- 800mCoventry
- 2.4kmCanley
- 4.6kmCoventry Arena
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
