According to the public record, 78, Monticello Way, Coventry is a modern leasehold apartment and with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Monticello Way, Coventry, CV4 is located in the borough of Coventry within the CV4 postal district.
78, Monticello Way, Coventry has a single entry in the Land Registry database from August 2014 and a single entry in the EPC database dated August 2014.
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 78 Monticello Way Coventry as £176,939 and the rental value as £1,056 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 78 Monticello Way Coventry has increased by £8,737 (4.9%) and its rental value has increased by £62 per month (5.9%).
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 78, Monticello Way, Coventry is in very good condition we estimate a sale value of £185,786 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,554 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £176,939, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £870 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, 78, Monticello Way, Coventry was last sold on 06 Aug 2014 for £137,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2014, the market for similar properties has risen 42.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Monticello Way, Coventry within a radius of 117m over the last 2 years.
The most recent example is 328, Monticello Way, Coventry, CV4 9WN, a Leasehold flat which sold for £200,000 in Aug 2022.
Read more about house prices in CV4.
Monticello Way, Coventry, CV4 has a total of 238 addresses. According to our analysis of all the public data, 78, Monticello Way, Coventry is the 36th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in CV4.
78, Monticello Way, Coventry has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 78, Monticello Way, Coventry is Tile Hill station which is 1.6 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 78, Monticello Way, Coventry, 57.3% of property is privately owned with a mortgage and 20.4% is privately rented.
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 78, Monticello Way, Coventry, 24.3% of residents are recorded as possessing school level qualifications and 51.0% 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 78, Monticello Way, Coventry, the average age was 40 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 78, Monticello Way, Coventry, 0.0% 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 78, Monticello Way, Coventry, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.