Values have been changing and have risen £528 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,622 in last 6 months, £5,117 in last 1 year, £14,346 in last 2 years, £17,056 in last 3 years, £14,694 in last 4 years and £12,869 in last 5 years.
Currently average asking price of a property in Drapers Fields, Coventry, CV1 is around £195,532 based on approximately 6 properties for sale. Same is the case with rental options based on 826 properties up for rent, average asking rent is around £1,019 per month.
Estimated property value in Drapers Fields, Coventry, CV1 is £123,726. Average asking price is £195,532 while average price paid is £91,325 which is up by £5,117 and Avg. asking rent £1,019.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Drapers Fields, Coventry, CV1 area. In last 1 year alone average price buyer paid is around £91,325 based on approximately 6 sales in Drapers Fields, Coventry, CV1 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £95,532. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £95,830 for 18 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £97,038 per sale.