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House Prices in CV1

The average house price in CV1 (Coventry) is £148,462 using HM Land Registry data.

The average property price increased by £48,442 (13.24%) over the last 5 years and increased by £9,706 (2.19%) over the last 12 months.

Over the last year, there were 93 residential property sales – a decrease of 71 transactions (-76.34%) relative to the previous year. The majority of house sales (30) were in the £142,000 - £184,000 range. Then came properties in the £100,000 - £142,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,666 (-5%).

In Oct 24, there were 58 new estate agency instructions, 32 agreed home sales and 52 property price reductions.

5-Year Average Property Prices in CV1 (Coventry)

13.24%

Property prices in Coventry increased by 13.24% 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 CV1 (Coventry) Over the Last Year

2.19%

Property prices in Coventry increased by 2.19% 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.

Property Market Heat Gauge for CV1 (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 CV1 (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 CV1 (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 CV1 (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 CV1 (Coventry) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CV1 postcode area since 1995.

Recent Sales in CV1 (Coventry)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1b, Waveley Road, Coventry, West Midlands, CV1 3AG	£280,000	£260,000	-£20,000	26 Dec 2023	19 Apr 2024	115 Days
57 Coundon Road, Coventry, West Midlands, CV1 4AR	£165,000	£163,000	-£2,000	23 Nov 2023	11 Apr 2024	140 Days
155 Humber Avenue, Coventry, West Midlands, CV1 2AU	£160,000	£155,000	-£5,000	22 Aug 2023	26 Jan 2024	157 Days
7 Worsdell Close, Coventry, West Midlands, CV1 4PU	£178,000	£172,500	-£5,500	02 Aug 2023	19 Jan 2024	170 Days
18 Lewis Road, Coventry, West Midlands, CV1 4HZ	£135,000	£130,000	-£5,000	10 Aug 2023	20 Dec 2023	132 Days
97 Strathmore Avenue, Coventry, West Midlands, CV1 2AG	£225,000	£225,000	£00	27 Jun 2023	06 Nov 2023	132 Days
89 Blythe Road, Coventry, West Midlands, CV1 5AU	£150,000	£145,000	-£5,000	08 Jun 2023	31 Oct 2023	145 Days
5 Priors Harnall, Coventry, West Midlands, CV1 5FE	£220,000	£215,000	-£5,000	13 Jun 2023	25 Oct 2023	134 Days
42 Trentham Road, Coventry, West Midlands, CV1 5BD	£155,000	£150,000	-£5,000	14 Jun 2023	20 Oct 2023	128 Days
4 Cash's Lane, Coventry, West Midlands, CV1 4DS	£159,950	£153,000	-£6,950	16 Jun 2023	17 Oct 2023	123 Days
27 Augustus Road, Coventry, West Midlands, CV1 5BZ	£155,000	£25,860	-£129,140	18 Jul 2019	13 Oct 2023	1548 Days
4 Adderley Street, Hillfields, Coventry, West Midlands, CV1 5AT	£220,000	£205,000	-£15,000	12 Apr 2023	06 Oct 2023	177 Days
11 Furlong Road, Coventry, West Midlands, CV1 2UA	£250,000	£250,000	£00	21 Jul 2023	02 Oct 2023	73 Days
60 Colchester Street, Coventry, West Midlands, CV1 5NZ	£150,000	£137,500	-£12,500	01 Jun 2023	29 Sep 2023	120 Days
20 Church Street, Coventry, West Midlands, CV1 4GA	£115,000	£100,000	-£15,000	11 May 2017	31 Aug 2023	2303 Days
4 Pipkin Court, Coventry, West Midlands, CV1 2UG	£150,000	£146,000	-£4,000	18 Feb 2023	25 Aug 2023	188 Days
Apartment 16, Monea Hall, Conisbrough Keep, Coventry, West Midlands, CV1 5PY	£140,000	£72,500	-£67,500	04 Apr 2023	16 Aug 2023	134 Days
Flat 38, Elmwood Court, St Nicholas Street, Coventry, West Midlands, CV1 4BS	£130,000	£124,500	-£5,500	27 Mar 2023	03 Aug 2023	129 Days
26 Pipkin Court, Coventry, West Midlands, CV1 2UG	£150,000	£150,000	£00	12 Dec 2022	03 Aug 2023	234 Days
11 Newland Road, Coventry, West Midlands, CV1 4HN	£180,000	£165,000	-£15,000	14 Mar 2023	31 Jul 2023	139 Days

Most Expensive Streets in CV1 (Coventry)

Postcode	Street	Area	Average	No. of Sales
CV1 4DE	Middleborough Road	Coventry	£316,666	3
CV1 2NP	Stoney Road	Coventry	£310,750	4
CV1 4LR	The Moorings	Coventry	£301,666	3
CV1 4LQ	Canal View	Coventry	£298,500	4
CV1 2UQ	Peckstone Close	Coventry	£254,333	3
CV1 3EP	Regent Street	Coventry	£250,000	3
CV1 2BA	Terry Road	Coventry	£249,333	3
CV1 2UA	Furlong Road	Coventry	£246,400	5
CV1 2UD	Rodyard Way	Coventry	£239,333	3
CV1 3BZ	Gloucester Street	Coventry	£237,083	3

Least Expensive Streets in CV1 (Coventry)

Postcode	Street	Area	Average	No. of Sales
CV1 4AW	Coundon Road	Coventry	£78,350	5
CV1 3GQ	Upper York Street	Coventry	£86,875	4
CV1 5BZ	Augustus Road	Coventry	£97,620	3
CV1 3LJ	Compass Court, Norfolk Street, Coventry	Coventry	£101,428	7
CV1 3LL	Compass Court, Norfolk Street, Coventry	Coventry	£103,135	8
CV1 4JW	Brooklyn Road	Coventry	£103,740	5
CV1 5HU	Cambridge Street	Coventry	£105,250	4
CV1 4BD	Russell House, Sandy Lane	Coventry	£108,625	4
CV1 3EY	Bedford Street	Coventry	£109,250	4
CV1 4HN	Newland Road	Coventry	£110,350	3