62 Paynes Lane

    62, PAYNES LANE, COVENTRY, CV1 5LJ

    This flat/maisonette leasehold property on Paynes Lane last sold in January 2018 for £85,000. Based on price growth in the CV1 district since then, its estimated current value is £77,592 — placing it in the 1st percentile nationally and the 4th percentile within CV1. The property covers 42 m² (452 sq ft), giving an estimated value of £1,847 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £85,000

    Jan 2018

    Estimated Valuation

    £77,592

    Est. £/sq ft

    £172/sq ft

    £1,847/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 area452 sq ft (42 m²)
    EPC dateJul 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters, Electric storage heaters

    Transaction History

    26 Jan 2018

    £85,000

    24 Mar 2005

    £63,500

    23 Oct 1998

    £24,950

    Key Metrics

    Estimated valuation£77,592
    Value per sq ft / m²£172/sq ft (£1,847/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CV1 district percentile4th 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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