According to the public record, 1, Homeward Way, Coventry is a modern freehold house and with 1,345 ft2 of internal area and sits on a 296 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Homeward Way, Binley, Coventry, CV3 is located in the borough of Coventry within the CV3 postal district.
1, Homeward Way, Coventry has 31 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Homeward Way Coventry as £425,046 and the rental value as £1,417 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 1 Homeward Way Coventry has increased by £3,624 (0.9%) and its rental value has increased by £50 per month (3.5%).
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 1, Homeward Way, Coventry is in very good condition we estimate a sale value of £446,298 and rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £395,293 and a rental value of £1,317 per month.
If you were able to purchase this property for the estimated value of £425,046, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,089 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Homeward Way, Coventry sits on a plot of 296m2.
We have plot size data on 12 out of 14 other houses in the postcode and 1, Homeward Way, Coventry sits on the 7th largest plot.
According to HM Land Registry, 1, Homeward Way, Coventry was last sold on 20 Sep 2019 for £359,995 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2019, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Homeward Way, Coventry within a radius of 112m over the last 2 years.
The most recent example is 12, Homeward Way, Coventry, CV3 2UR, a Freehold house which sold for £415,000 in Sep 2023.
Read more about house prices in CV3.
Homeward Way, Binley, Coventry, CV3 has a total of 14 addresses. According to our analysis of all the public data, 1, Homeward Way, Coventry is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £173k more expensive than the average property in CV3.
1, Homeward Way, Coventry has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Homeward Way, Coventry is Coventry station which is 5.2 km away.
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 1, Homeward Way, Coventry, 59.5% of property is privately owned with a mortgage and 27.2% is privately owned outright.
The graph below shows how this compares to Greater London 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 1, Homeward Way, Coventry, 21.6% of residents are recorded as possessing school level qualifications and 37.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Homeward Way, Coventry, the average age was 43 and the most common age was 57.
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 1, Homeward Way, Coventry, 0.6% 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 1, Homeward Way, Coventry, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.