According to the public record, 1 Parkes Court, Warwick is a modern leasehold apartment with 279 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Parkes Court, Parkes Street, Warwick, CV34.
Parkes Street, Warwick, CV34 is located in the borough of Warwick within the CV34 postal district.
1 Parkes Court, Warwick has 41 entries in the Land Registry database, most recently in June 2024 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Parkes Court Warwick as £126,723 and the rental value as £587 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 1 Parkes Court Warwick has increased by £8,370 (6.6%) and its rental value has increased by £10 per month (1.8%).
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 Parkes Court, Warwick is in very good condition we estimate a sale value of £133,059 and rental value of £616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,852 and a rental value of £546 per month.
If you were able to purchase this property for the estimated value of £126,723, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £623 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 HM Land Registry, 1 Parkes Court, Warwick was last sold on 04 Jun 2024 for £125,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2024, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Parkes Court, Warwick within a radius of 560 metres over the last 2 years.
The most recent example is 27, Spring Pool, Warwick, CV34 4UP, a Leasehold flat which sold for £115,000 in Jan 2021.
Read more about house prices in CV34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkes Street, Warwick, CV34 has a total of 8 addresses. According to our analysis of all the public data, 1 Parkes Court, Warwick is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £227k less expensive than the average property in CV34.
1 Parkes Court, Warwick has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2024.
The property is not connected to mains gas and has mostly double glazing. It is heated using electric storage heaters.
The closest station to 1 Parkes Court, Warwick is Warwick station which is 700 metres 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 Parkes Court, Warwick, 52.4% of property is privately rented and 21.4% 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 Parkes Court, Warwick, 5.0% of residents are recorded as possessing school level qualifications and 51.4% 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 Parkes Court, Warwick, the average age was 39.2 and the most common age was 32.
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 Parkes Court, Warwick, 0.3% 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 Parkes Court, Warwick, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.