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House Prices in CV5 House Prices in CV5 (Coventry)

The average house price in CV5 (Coventry) is £211,504 using HM Land Registry data.

The average property price increased by £46,264 (30.21%) over the last 5 years and increased by £9,270 (4.43%) over the last 12 months.

Over the last year, there were 504 residential property sales – a decrease of 155 transactions (-30.75%) relative to the previous year. The majority of house sales (143) were in the £196,000 - £252,000 range. Then came properties in the £252,000 - £308,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 46 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,706 (-1%).

In Oct 24, there were 96 new estate agency instructions, 99 agreed home sales and 72 property price reductions.

Nearby Postcodes: B46, B49, B50, B92, B93, B94, B95, CV1, CV10, CV11, CV12, CV13, CV2, CV23, CV3, CV31, CV32, CV33, CV34, CV35, CV36, CV37, CV4, CV47, CV6, CV7, CV8, CV9, DE12, GL55, GL56, LE10, LE67, LE9, NN11, OX15, OX17, OX7, WR11

5-Year Average Property Prices in CV5 (Coventry)

30.21%

Property prices in Coventry increased by 30.21% 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 CV5 (Coventry) Over the Last Year

4.43%

Property prices in Coventry increased by 4.43% 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 CV5 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 CV5 (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 CV5 (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 CV5 (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 CV5 (Coventry) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CV5 postcode area since 1995.

Recent Sales in CV5 (Coventry)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
47 Kingston Road, Coventry, West Midlands, CV5 6LP£180,000£178,000-£2,00010 May 202416 Aug 202498 Days
30 Warwick Avenue, Coventry, West Midlands, CV5 6DG£800,000£760,000-£40,00004 Sep 202309 Aug 2024340 Days
10 Wingrave Close, Allesley, Coventry, West Midlands, CV5 9BT£250,000£245,000-£5,00016 Oct 202308 Aug 2024297 Days
32 Latham Road, Coventry, West Midlands, CV5 6HR£200,000£198,000-£2,00013 Mar 202407 Aug 2024147 Days
26 Poplar Road, Coventry, West Midlands, CV5 6FY£160,000£160,000£0025 Apr 202406 Aug 2024103 Days
18 Caithness Close, Coventry, West Midlands, CV5 7LY£205,000£205,000£0025 Apr 202406 Aug 2024103 Days
Flat 30, Chandler Court, Davenport Road, Coventry, West Midlands, CV5 6PY£120,000£120,000£0006 Oct 202329 Jul 2024297 Days
13 Walmsley Close, Coventry, West Midlands, CV5 9PQ£260,000£260,000£0021 Feb 202426 Jul 2024156 Days
7 Harpenden Drive, Coventry, West Midlands, CV5 7QF£400,000£400,000£0001 Mar 202426 Jul 2024147 Days
10 Winslow Close, Coventry, West Midlands, CV5 9HS£270,000£265,000-£5,00024 Apr 202419 Jul 202486 Days
156 Grayswood Avenue, Chapelfields, Coventry, West Midlands, CV5 8HQ£269,995£265,000-£4,99515 Sep 202318 Jul 2024307 Days
169 Butt Lane, Allesley, Coventry, West Midlands, CV5 9FD£350,000£320,000-£30,00001 Feb 202415 Jul 2024165 Days
15 Cantlow Close, Coventry, West Midlands, CV5 7HA£290,000£289,100-£90016 Jan 202412 Jul 2024178 Days
35 Sherlock Road, Coventry, West Midlands, CV5 8EX£230,000£225,000-£5,00015 Nov 202312 Jul 2024240 Days
79 Craven Street, Coventry, West Midlands, CV5 8DT£170,000£167,500-£2,50016 Apr 202412 Jul 202487 Days
9 Saunton Close, Allesley, Coventry, West Midlands, CV5 9EB£250,000£245,000-£5,00014 Mar 202402 Jul 2024110 Days
48 Poplar Road, Coventry, West Midlands, CV5 6FY£185,000£185,000£0023 Feb 202402 Jul 2024130 Days
52 Cranford Road, Coventry, West Midlands, CV5 8JG£229,950£227,500-£2,45020 Feb 202401 Jul 2024132 Days
38 Stanley Road, Coventry, West Midlands, CV5 6FF£395,000£390,000-£5,00023 Sep 202328 Jun 2024279 Days
67 Pangfield Park, Coventry, West Midlands, CV5 9NN£340,000£335,000-£5,00017 Apr 202328 Jun 2024438 Days

Most Expensive Streets in CV5 (Coventry)

PostcodeStreetAreaAverageNo. of Sales
CV5 6BYSouthleigh AvenueCoventry£925,8333
CV5 6PDMorningsideCoventry£756,6663
CV5 6DDWoodland AvenueCoventry£696,6663
CV5 9APPickford Green Lane, AllesleyCoventry£696,6663
CV5 6BBAinsbury RoadCoventry£657,5003
CV5 6AWBates RoadCoventry£627,6005
CV5 6QDThe FirsCoventry£623,0004
CV5 6AYNightingale LaneCoventry£610,85010
CV5 6APCanley RoadCoventry£610,0003
CV5 9AQPickford Green Lane, AllesleyCoventry£592,0005

Least Expensive Streets in CV5 (Coventry)

PostcodeStreetAreaAverageNo. of Sales
CV5 6RBWoodlands Court, EarlsdonCoventry£94,5003
CV5 8AHGreendale RoadCoventry£99,5003
CV5 9QYWinsford Court, Winsford AvenueCoventry£99,7166
CV5 7RBWestbrook Court, Sutherland AvenueCoventry£103,75010
CV5 6PYChandler Court, Davenport RoadCoventry£108,64717
CV5 6HUShakleton RoadCoventry£110,3128
CV5 8PGBowls CourtCoventry£111,29010
CV5 8LPGreendale RoadCoventry£111,77111
CV5 9GLLion Fields AvenueCoventry£116,0003
CV5 7FPOrchard DriveCoventry£118,77012

Explore CV5 (Coventry) using map

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