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House Prices in CV2 House Prices in CV2 (Coventry)

The average house price in CV2 (Coventry) is £210,440 using HM Land Registry data.

The average property price increased by £46,225 (28.73%) over the last 5 years and increased by £9,262 (4.26%) over the last 12 months.

Over the last year, there were 479 residential property sales – a decrease of 148 transactions (-30.90%) relative to the previous year. The majority of house sales (109) were in the £190,000 - £220,000 range. Then came properties in the £220,000 - £250,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,383 (-2%).

In Oct 24, there were 83 new estate agency instructions, 79 agreed home sales and 76 property price reductions.

Nearby Postcodes: B46, B49, B50, B92, B93, B94, B95, CV1, CV10, CV11, CV12, CV13, CV21, CV22, CV23, CV3, CV31, CV32, CV33, CV34, CV35, CV36, CV37, CV4, CV47, CV5, CV6, CV7, CV8, CV9, DE12, GL55, GL56, LE10, LE17, LE67, LE9, NN11, NN6, OX15, OX17, OX7, WR11

5-Year Average Property Prices in CV2 (Coventry)

28.73%

Property prices in Coventry increased by 28.73% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CV2 (Coventry) Over the Last Year

4.26%

Property prices in Coventry increased by 4.26% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CV2 (Coventry) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CV2 (Coventry)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CV2 (Coventry)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CV2 (Coventry)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CV2 (Coventry) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CV2 postcode area since 1995.

Recent Sales in CV2 (Coventry)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 St Osburgs Road, Coventry, West Midlands, CV2 4EG£290,000£282,000-£8,00014 Mar 202423 Aug 2024162 Days
15 Aldermans Green Road, Coventry, West Midlands, CV2 1PS£220,000£220,000£0030 Apr 202420 Aug 2024112 Days
38 Ravensdale Road, Coventry, West Midlands, CV2 5GQ£300,000£300,000£0022 Feb 202416 Aug 2024176 Days
2 Anson Way, Walsgrave On Sowe, Coventry, West Midlands, CV2 2LP£288,000£288,000£0012 Apr 202412 Aug 2024122 Days
37 Silverdale Close, Coventry, West Midlands, CV2 1PX£210,000£195,000-£15,00022 Apr 202408 Aug 2024108 Days
506 Henley Road, Coventry, West Midlands, CV2 2FY£220,000£210,000-£10,00019 Apr 202408 Aug 2024111 Days
81 Ansty Road, Wyken, Coventry, West Midlands, CV2 3FG£250,000£246,000-£4,00005 Dec 202307 Aug 2024246 Days
166 Henley Road, Coventry, West Midlands, CV2 1BW£155,000£133,500-£21,50017 Jun 202405 Aug 202449 Days
17 Alliance Way, Coventry, West Midlands, CV2 3GY£250,000£250,000£0008 May 202401 Aug 202485 Days
7 Alison Square, Coventry, West Midlands, CV2 1RU£160,000£155,000-£5,00020 Feb 202430 Jul 2024161 Days
7 Morris Avenue, Wyken, Coventry, West Midlands, CV2 5GU£245,000£238,000-£7,00010 Jan 202425 Jul 2024197 Days
105 Honiton Road, Coventry, West Midlands, CV2 3EG£190,000£179,000-£11,00022 Dec 202318 Jul 2024209 Days
257 Blackberry Lane, Coventry, West Midlands, CV2 3JW£250,000£235,000-£15,00014 Feb 202405 Jul 2024142 Days
44 Oldham Avenue, Coventry, West Midlands, CV2 5EX£280,000£273,000-£7,00028 Nov 202328 Jun 2024213 Days
4 Meredith Road, Coventry, West Midlands, CV2 5JJ£225,000£200,000-£25,00018 Dec 202328 Jun 2024193 Days
148a, Dorchester Way, Coventry, West Midlands, CV2 2LU£280,000£275,000-£5,00001 Nov 202327 Jun 2024239 Days
27 Haytor Rise, Coventry, West Midlands, CV2 3LE£180,000£180,000£0007 Feb 202426 Jun 2024140 Days
21 Rowcroft Road, Coventry, West Midlands, CV2 2BB£250,000£245,000-£5,00018 Oct 202324 Jun 2024250 Days
63 St Austell Road, Coventry, West Midlands, CV2 5AF£200,000£200,000£0007 Mar 202419 Jun 2024104 Days
31 Manfield Avenue, Coventry, West Midlands, CV2 2QF£280,000£165,000-£115,00006 Mar 202419 Jun 2024105 Days

Most Expensive Streets in CV2 (Coventry)

PostcodeStreetAreaAverageNo. of Sales
CV2 4DGWest AvenueCoventry£457,5003
CV2 1NQParrotts GroveCoventry£390,0003
CV2 4DRSouth AvenueCoventry£380,6254
CV2 2PFChelwood GroveCoventry£361,5004
CV2 5LHSwinburne AvenueCoventry£349,0005
CV2 2EUHinckley RoadCoventry£323,5004
CV2 2EJWoodway LaneCoventry£315,1005
CV2 5BHBelgrave Road, WykenCoventry£308,1254
CV2 2ENShirley Road, WalsgraveCoventry£306,8336
CV2 2UALarkin GroveCoventry£303,3333

Least Expensive Streets in CV2 (Coventry)

PostcodeStreetAreaAverageNo. of Sales
CV2 5NZHarry Rose RoadCoventry£87,0003
CV2 2DZCrowmere RoadCoventry£89,8333
CV2 5NYLloyd CrescentCoventry£92,3754
CV2 4QXDeegan CloseCoventry£100,0003
CV2 1UBShire Brook CloseCoventry£100,1663
CV2 4LPCaludon RoadCoventry£100,8754
CV2 4LUGoring Road, StokeCoventry£101,3333
CV2 3BEBraemar CloseCoventry£104,1666
CV2 4GWThackhall StreetCoventry£104,5717
CV2 2GPDiana DriveCoventry£105,0003

Explore CV2 (Coventry) using map

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