50 Paynes Lane

    50, PAYNES LANE, COVENTRY, CV1 5LJ

    This flat/maisonette leasehold property on Paynes Lane last sold in March 2007 for £66,500. Based on price growth in the CV1 district since then, its estimated current value is £72,310 — placing it in the 1st percentile nationally and the 3rd percentile within CV1. The property covers 48 m² (517 sq ft), giving an estimated value of £1,506 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £66,500

    Mar 2007

    Estimated Valuation

    £72,310

    Est. £/sq ft

    £140/sq ft

    £1,506/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    9 Mar 2007

    £66,500

    28 May 2003

    £49,750

    Key Metrics

    Estimated valuation£72,310
    Value per sq ft / m²£140/sq ft (£1,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CV1 district percentile3rd percentile
    National percentile1st percentile

    District Context — CV1

    CV1 covers Coventry city centre and its inner residential areas, positioned in the West Midlands. It is characterised by a young, diverse population with a significant rental housing base and mixed employment profile.

    Average Property Price - CV1

    £163,709

    5

    National percentile

    Average Net Household Income - CV1

    £33,043

    19

    National percentile

    10-Year Annualised Price Growth - CV1

    1.6%

    6

    National percentile

    10-Year Annualised Rent Growth - CV

    4.0%

    57

    National percentile

    View full analysis for CV1

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