According to the public record, 1, Watery Lane, Coventry is a modern freehold house and with 904 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Watery Lane, Coventry, CV6 is located in the borough of Coventry within the CV6 postal district.
1, Watery Lane, Coventry has a single entry in the Land Registry database from August 2017 and no records in the EPC database.
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 Watery Lane Coventry as £262,232 and the rental value as £1,141 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 1 Watery Lane Coventry has increased by £1,813 (0.7%) and its rental value has increased by £45 per month (3.9%).
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, Watery Lane, Coventry is in very good condition we estimate a sale value of £275,343 and rental value of £1,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,876 and a rental value of £1,061 per month.
If you were able to purchase this property for the estimated value of £262,232, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,289 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, Watery Lane, Coventry sits on a plot of 219m2.
We have plot size data on 26 out of 45 other houses in the postcode and 1, Watery Lane, Coventry sits on the 20th largest plot.
According to HM Land Registry, 1, Watery Lane, Coventry was last sold on 04 Aug 2017 for £245,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 25.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Watery Lane, Coventry within a radius of 25m over the last 2 years.
The most recent example is 8, Penny Park Lane, Coventry, CV6 2GT, a Freehold house which sold for £249,950 in Jul 2017.
Read more about house prices in CV6.
Watery Lane, Coventry, CV6 has a total of 85 addresses. According to our analysis of all the public data, 1, Watery Lane, Coventry is the 49th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in CV6.
1, Watery Lane, Coventry has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Watery Lane, Coventry is Coventry Arena station which is 1.8 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, Watery Lane, Coventry, 45.1% of property is privately owned with a mortgage and 42.6% 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, Watery Lane, Coventry, 22.3% of residents are recorded as possessing school level qualifications and 29.7% 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, Watery Lane, Coventry, the average age was 39.1 and the most common age was 37.
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, Watery Lane, Coventry, 0.7% 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, Watery Lane, Coventry, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.