According to the public record, 2 Russell Mews, Leamington Spa is a modern freehold house with 1,483 ft2 of internal area and sits on a 79.2 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Plymouth Place, Leamington Spa, CV31 is located in the borough of Warwick within the CV31 postal district.
2 Russell Mews, Leamington Spa has 21 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated June 2010.
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 2 Russell Mews Leamington Spa as £498,556 and the rental value as £1,736 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 2 Russell Mews Leamington Spa has increased by £20,009 (4.0%) and its rental value has increased by £67 per month (3.8%).
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 2 Russell Mews, Leamington Spa is in very good condition we estimate a sale value of £523,484 and rental value of £1,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,657 and a rental value of £1,614 per month.
If you were able to purchase this property for the estimated value of £498,556, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,450 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, 2 Russell Mews, Leamington Spa sits on a plot of 79m2.
We have plot size data on 32 out of 41 other houses in the postcode and 2 Russell Mews, Leamington Spa sits on the 27th largest plot.
According to HM Land Registry, 2 Russell Mews, Leamington Spa was last sold on 29 Mar 2019 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has risen 18.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Russell Mews, Leamington Spa within a radius of 400 metres over the last 2 years.
The most recent example is 20, Camberwell Terrace, Leamington Spa, CV31 1LP, a Freehold house which sold for £475,000 in Apr 2023.
Read more about house prices in CV31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plymouth Place, Leamington Spa, CV31 has a total of 92 addresses. According to our analysis of all the public data, 2 Russell Mews, Leamington Spa is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £180k more expensive than the average property in CV31.
2 Russell Mews, Leamington Spa has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2010.
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 2 Russell Mews, Leamington Spa is Leamington Spa 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 2 Russell Mews, Leamington Spa, 35.5% of property is privately rented and 34.6% is privately owned with a mortgage.
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 2 Russell Mews, Leamington Spa, 40.9% of residents are recorded as possessing school level qualifications and 45.2% 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 2 Russell Mews, Leamington Spa, the average age was 37.1 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 2 Russell Mews, Leamington Spa, 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 2 Russell Mews, Leamington Spa, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.