Apartment 6 Ribbon Factory New Buildings

    APARTMENT 6 RIBBON FACTORY, NEW BUILDINGS, COVENTRY, CV1 1FE

    This flat/maisonette leasehold property on New Buildings last sold in August 2024 for £267,900. Based on price growth in the CV1 district since then, its estimated current value is £264,447 — placing it in the 41st percentile nationally and the 91st percentile within CV1. The property covers 73 m² (786 sq ft), giving an estimated value of £3,623 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £267,900

    Aug 2024

    Estimated Valuation

    £264,447

    Est. £/sq ft

    £337/sq ft

    £3,623/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2024

    £267,900

    2 May 2003

    New build

    £250,000

    Key Metrics

    Estimated valuation£264,447
    Value per sq ft / m²£337/sq ft (£3,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CV1 district percentile91st percentile
    National percentile41st 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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