According to the public record, 31, Oakey Close, Coventry is a mid-century leasehold apartment and with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Oakey Close, Coventry, CV6 is located in the borough of Coventry within the CV6 postal district.
31, Oakey Close, Coventry has 41 entries in the Land Registry database, most recently in May 2008 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 31 Oakey Close Coventry as £123,335 and the rental value as £830 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 31 Oakey Close Coventry has increased by £970 (0.8%) and its rental value has increased by £38 per month (4.6%).
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 31, Oakey Close, Coventry is in very good condition we estimate a sale value of £129,501 and rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,701 and a rental value of £772 per month.
If you were able to purchase this property for the estimated value of £123,335, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £606 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, 31, Oakey Close, Coventry was last sold on 23 May 2008 for £95,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2008, the market for similar properties has risen 38.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 31, Oakey Close, Coventry within a radius of 53m over the last 2 years.
The most recent example is 20, Oakey Close, Coventry, CV6 6JD, a Leasehold flat which sold for £104,000 in Nov 2017.
Read more about house prices in CV6.
Oakey Close, Coventry, CV6 has a total of 27 addresses. According to our analysis of all the public data, 31, Oakey Close, Coventry is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in CV6.
31, Oakey Close, Coventry has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 31, Oakey Close, Coventry is Coventry Arena station which is 500 m 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 31, Oakey Close, Coventry, 57.0% of property is socially rented and 23.3% 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 31, Oakey Close, Coventry, 22.4% of residents are recorded as possessing school level qualifications and 23.8% 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 31, Oakey Close, Coventry, the average age was 38.1 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 31, Oakey Close, Coventry, 0.9% 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 31, Oakey Close, Coventry, 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.