You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in CV23

House Prices in CV23

The average house price in CV23 (Rugby) is £430,833 using HM Land Registry data.

The average property price increased by £109,448 (6.22%) over the last 5 years and increased by £21,880 (1.08%) over the last 12 months.

Over the last year, there were 302 residential property sales – a decrease of 254 transactions (-84.11%) relative to the previous year. The majority of house sales (92) were in the £280,000 - £370,000 range. Then came properties in the £190,000 - £280,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,330 (-2%).

In June 2024, there were 96 new estate agency instructions, 58 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in CV23 (Rugby)

6.22%

Property prices in Rugby increased by 6.22% 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 CV23 (Rugby) Over the Last Year

1.08%

Property prices in Rugby increased by 1.08% 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 CV23 (Rugby) - June 2024

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 CV23 (Rugby)

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 CV23 (Rugby)

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 CV23 (Rugby)

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 CV23 (Rugby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CV23 postcode area since 1995.

Recent Sales in CV23 (Rugby)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
The Stables, Church Road, Grandborough, Rugby, Warwickshire, CV23 8DH	£495,000	£475,000	-£20,000	29 Nov 2023	03 May 2024	156 Days
14 Sorrel Drive, Rugby, Warwickshire, CV23 0TL	£270,000	£267,000	-£3,000	06 Nov 2023	12 Apr 2024	158 Days
9 Lilbourne Road, Clifton Upon Dunsmore, Rugby, Warwickshire, CV23 0BD	£250,000	£248,000	-£2,000	16 Feb 2024	12 Apr 2024	56 Days
3 Coton Park Drive, Rugby, Warwickshire, CV23 0WL	£487,950	£481,833	-£6,117	16 Sep 2023	05 Apr 2024	202 Days
49 Heath Lane, Brinklow, Rugby, Warwickshire, CV23 0NR	£390,000	£390,000	£00	01 Dec 2023	05 Apr 2024	126 Days
52 Longstork Road, Rugby, Warwickshire, CV23 0GD	£450,000	£444,000	-£6,000	15 Jun 2023	28 Mar 2024	287 Days
61 Rugby Road, Long Lawford, Rugby, Warwickshire, CV23 9DN	£415,000	£400,000	-£15,000	22 Jun 2023	22 Mar 2024	274 Days
4 Parsons Close, Willey, Rugby, Warwickshire, CV23 0SH	£425,000	£421,000	-£4,000	15 Sep 2023	15 Mar 2024	182 Days
25 Yelvertoft Road, Lilbourne, Rugby, West Northamptonshire, CV23 0SY	£300,000	£295,000	-£5,000	17 Oct 2023	01 Mar 2024	136 Days
12 Brays Close, Brinklow, Rugby, Warwickshire, CV23 0NH	£350,000	£350,000	£00	17 Nov 2023	29 Feb 2024	104 Days
43 South Road, Clifton Upon Dunsmore, Rugby, Warwickshire, CV23 0BZ	£300,000	£287,500	-£12,500	08 Nov 2023	07 Feb 2024	91 Days
20 Arnills Way, Kilsby, Rugby, West Northamptonshire, CV23 8UY	£325,000	£320,000	-£5,000	06 Oct 2023	26 Jan 2024	112 Days
11 Mallow Way, Rugby, Warwickshire, CV23 0UE	£290,000	£281,000	-£9,000	07 Sep 2023	19 Jan 2024	134 Days
Hay Loft, Manor Farm Barns, Brooks Close, Willoughby, Rugby, Warwickshire, CV23 8BY	£625,000	£585,000	-£40,000	01 Jul 2022	10 Jan 2024	558 Days
2 The Banks, Kilsby, Rugby, West Northamptonshire, CV23 8XA	£325,000	£320,000	-£5,000	07 Sep 2023	21 Dec 2023	105 Days
Sundell, Moor Lane, Willoughby, Rugby, Warwickshire, CV23 8BT	£600,000	£600,000	£00	03 Mar 2023	20 Dec 2023	292 Days
9 Almond Close, Barby, Rugby, West Northamptonshire, CV23 8TL	£273,950	£263,000	-£10,950	02 Aug 2023	20 Dec 2023	140 Days
11 Station Road, Clifton Upon Dunsmore, Rugby, Warwickshire, CV23 0BT	£230,000	£223,000	-£7,000	12 Sep 2023	20 Dec 2023	99 Days
20 Round Avenue, Long Lawford, Rugby, Warwickshire, CV23 9AF	£189,950	£189,950	£00	17 Apr 2023	15 Dec 2023	242 Days
22 Watling Crescent, Clifton Upon Dunsmore, Rugby, Warwickshire, CV23 0AH	£325,000	£310,000	-£15,000	11 Oct 2023	14 Dec 2023	64 Days

Most Expensive Streets in CV23 (Rugby)

Postcode	Street	Area	Average	No. of Sales
CV23 8AA	Southam Road, Kites Hardwick	Rugby	£933,333	3
CV23 8DB	Woolscott	Rugby	£835,000	3
CV23 0BB	Lilbourne Road, Clifton Upon Dunsmore	Rugby	£762,500	4
CV23 8DZ	Leamington Hastings	Rugby	£731,666	3
CV23 9PU	Leamington Road, Princethorpe	Rugby	£712,500	6
CV23 9RY	Birdingbury Road, Marton	Rugby	£708,992	7
CV23 0FU	Warre Close	Rugby	£670,333	3
CV23 0BE	Hillmorton Lane, Clifton Upon Dunsmore	Rugby	£636,000	5
CV23 0PN	Farriers Court, Stretton Under Fosse	Rugby	£625,666	3
CV23 8EH	Marton Road, Birdingbury	Rugby	£603,000	5

Least Expensive Streets in CV23 (Rugby)

Postcode	Street	Area	Average	No. of Sales
CV23 0DH	The Beeches, Main Street, Clifton Upon Dunsmore	Rugby	£104,708	12
CV23 0GX	Flaxdown Gardens	Rugby	£134,738	9
CV23 9DZ	Redhill Road, Long Lawford	Rugby	£152,583	6
CV23 9SY	Wavebeck Court, Long Lawford	Rugby	£160,000	3
CV23 0QG	Brookside Avenue, Pailton	Rugby	£169,333	3
CV23 1AT	Marconi Close, Houlton	Rugby	£171,200	5
CV23 9SR	Weaver Drive, Long Lawford	Rugby	£173,250	6
CV23 0GG	Meadow Furlong	Rugby	£177,125	3
CV23 9ST	Lauderdale Close, Long Lawford	Rugby	£178,000	5
CV23 1DA	Station Avenue, Houlton	Rugby	£182,295	10