Banner Lane, Coventry CV4
OL

Banner Lane, Coventry CV4

By Oliver Greene

£ 520,000

Reviews

3 out of 5 stars

Oliver Greene says ..

***PART EXCHANGE*** No Estate agents fees, Guaranteed cash buyer***MOVE CHAIN FREE***

Property Oracle says ..

This new build property located on Banner Lane in Coventry’s Westwood area presents a mixed bag of features. The interior is undeniably attractive, featuring a contemporary design and high-quality finishes. The photos depict a modern kitchen, spacious living area, and well-appointed bathrooms. The property appears move-in ready, requiring no immediate renovations or repairs. However, the lack of information regarding the plot size is concerning. A plot size of 0.00 sqft suggests minimal or no outdoor space which could be a major deterrent for many potential buyers. The £520,000 price tag requires further scrutiny. While the property’s condition is excellent, and nearby similar-style homes are also commanding high prices, the absence of sufficient comparable data on square footage, prevents a true evaluation of value. The proximity to schools and transport links is adequate, but this isn’t necessarily a significant advantage given the limited amount of outdoor space and the potential high price. Overall, potential buyers should carefully consider their priorities. Those prioritizing a modern, ready-to-move-in home with easy access to amenities may find this property suitable. Yet those who value outdoor space, significant garden areas and want exceptional value for money, should proceed with caution and conduct thorough market research before committing to a purchase.

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
9
Location
7
Land
2
Bedrooms
4
Bathrooms
3
Sqft (est)
857.56

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
305,550.00 £
Increased by 7.07 %
from 285,361.00 £
Est sale value
239,259.24 £
Decreased by 8.22 %
from 260,698.24 £
Average area rental value
1,475.00 £/mo
Increased by 41.69 %
from 1,041.00 £/mo
Est letting value
857.56 £/mo
Unchanged by 0.00 %
from 857.56 £/mo
Est rental Yield
5.79 %
Increased by 32.19 %
from 4.38 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Oliver Greene created the listing.

Nearby Schools

NameTypeOfstedDistance
West Coventry AcademyAcademy ConverterRequires improvement0.61 KM
Leigh Church Of England AcademyAcademy Converter0.77 KM
Our Lady Of The Assumption Catholic Primary SchoolVoluntary Aided SchoolGood1.20 KM
Eastern Green Junior SchoolCommunity SchoolGood1.57 KM
Tile Hill Children'S CentreChildren's Centre1.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Patricia Close £ 000.00 KM
Dennis Davison Place £ 000.00 KM
Woodend Croft £ 000.00 KM
Sorrel Close £ 190,00000.00 KM
Tanners Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Tile Hill1035THL1.02 KM
Canley1129CNL5.29 KM
Berkswell1045BKW5.35 KM
Kenilworth7985KNW7.27 KM
Coventry1030COV9.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
Banner Lane, Coventry CV4 £ 520,000BUY6 / 100.00 KM
Banner Lane, Coventry CV4 £ 380,000BUY6 / 100.00 KM
15 Meadow House Drive, Coventry, CV4 £ 499,995BUY7 / 100.03 KM
35 Meadow House Drive, Coventry, CV4 £ 390,000BUY6 / 100.03 KM
27 Meadow House Drive, Coventry, CV4 £ 510,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
The Pleck £ 700,0000.01 KM
Graylands £ 436,4000.01 KM
122 Banner Lane £ 315,0000.01 KM
9 Oak Way £ 133,0000.07 KM
3 Oak Way £ 192,0000.07 KM