Apartment 4 The Gables, 2 Alder Lane

    APARTMENT 4 THE GABLES, 2, ALDER LANE, BALSALL COMMON, COVENTRY, CV7 7DZ

    This flat/maisonette leasehold property on Alder Lane last sold in June 2021 for £340,000. Based on price growth in the CV7 district since then, its estimated current value is £266,429 — placing it in the 41st percentile nationally and the 41st percentile within CV7. The property covers 59 m² (635 sq ft), giving an estimated value of £4,516 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £340,000

    Jun 2021

    Estimated Valuation

    £266,429

    Est. £/sq ft

    £420/sq ft

    £4,516/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateDec 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2021

    £340,000

    31 Oct 2017

    £285,000

    20 Aug 2008

    New build

    £300,000

    Key Metrics

    Estimated valuation£266,429
    Value per sq ft / m²£420/sq ft (£4,516/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CV7 district percentile41st percentile
    National percentile41st percentile

    District Context — CV7

    CV7 covers Bedworth and surrounding areas in north Warwickshire, positioned between Coventry and Leicester. It is a mixed residential district with a blend of established neighbourhoods and working communities.

    Average Property Price - CV7

    £360,198

    58

    National percentile

    Average Net Household Income - CV7

    £38,103

    50

    National percentile

    10-Year Annualised Price Growth - CV7

    3.4%

    43

    National percentile

    10-Year Annualised Rent Growth - CV

    4.0%

    57

    National percentile

    View full analysis for CV7

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