Shipways says ..
Shipways will be conducting an open house event on this property and viewings are arranged by appointment only, please call today to avoid missing out on this fantastic two bedroom mid terrace home.
Property Oracle says ..
The property is a 2 bedroom terraced house located on Mellish Road in Rugby, Warwickshire. It is listed at £190,000 and has a floor area of 150 sqft. The property benefits from a small rear garden. Based on the provided images, the property appears to be in reasonable condition. The interior is clean and well-maintained, although some updating may be desirable to enhance its appeal. The kitchen and bathroom appear functional but could benefit from some modernisation. The location is convenient, with nearby schools such as Brooke School (0.30 KM) and Oakfield Primary Academy (0.62 KM). Rugby train station is also within a reasonable distance (3.15 KM), providing good transport links. The presence of a small garden is a positive aspect, although its size is relatively modest. Considering the list price of £190,000, the average price in the area is £191,246, and the average price per sqft is £216. However, the property’s size is significantly smaller than the average (150 sqft vs 882 sqft). While the price is slightly below the average for the area, the smaller size and potential need for some modernisation mean that the price may be at the higher end of what is reasonable for a property of this size and condition in this location. The nearby comparable properties on Mellish Road range significantly in price, from £57,500 to £375,000, indicating a degree of price variability in the area. Further investigation into the specifics of these comparable properties would be needed to more accurately assess the value of the subject property.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 150.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 223,571.00 £Increased by 0.90 %
- Est sale value
- 55,950.00 £Increased by 36.13 %
- Average area rental value
- 1,011.00 £/moIncreased by 21.51 %
- Est letting value
- 150.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.43 %Increased by 20.40 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Shipways created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brooke School | Academy Special Converter | 0.30 KM | |
| Harris Church Of England Academy | Academy Sponsor Led | Requires improvement | 0.45 KM |
| Oakfield Children'S Centre | Children's Centre | 0.46 KM | |
| Oakfield Primary Academy | Academy Sponsor Led | Good | 0.62 KM |
| St Matthew'S Bloxam Cofe Primary School | Voluntary Controlled School | Requires improvement | 0.66 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Heather Close | £ 230,000 | 0 | 0.00 KM |
| Ferndown Road | £ 0 | 0 | 0.00 KM |
| Wentworth Road | £ 240,000 | 0 | 0.00 KM |
| Firs Way | £ 0 | 0 | 0.00 KM |
| St. Anne's Road | £ 250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rugby | 1087 | RUG | 3.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mellish Road, Rugby | £ 190,000 | BUY | 7 / 10 | 0.00 KM |
| Mellish Road, Bilton, Rugby | £ 359,950 | BUY | 7 / 10 | 0.00 KM |
| Mellish Road, Rugby | £ 270,000 | BUY | 6 / 10 | 0.00 KM |
| Mellish Road, Rugby | £ 375,000 | BUY | Unknown | 0.00 KM |
| Mellish Road, Overslade | £ 182,500 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 40 Mellish Road | £ 120,000 | 0.00 KM |
| 13 Mellish Road | £ 265,000 | 0.00 KM |
| 55 Mellish Road | £ 185,000 | 0.00 KM |
| 17 Mellish Road | £ 330,000 | 0.00 KM |
| 67 Mellish Road | £ 195,000 | 0.00 KM |