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Nuneaton House Prices Nuneaton House Prices

The average house price in Nuneaton is £203,452 using HM Land Registry data.

The average property price increased by £53,799 (25.62%) over the last 5 years and increased by £10,755 (4.25%) over the last 12 months.

Over the last year, there were 934 residential property sales – a decrease of 613 transactions (-65.63%) relative to the previous year. The majority of house sales (206) were in the £176,000 - £222,000 range. Then came properties in the £130,000 - £176,000 range, where 189 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 £-4,813 (-1%).

In Oct 24, there were 176 new estate agency instructions, 136 agreed home sales and 101 property price reductions.

Neighbouring Areas: Hinckley, Bulkington

Postcodes Covered: CV10, CV11

5-Year Average Property Prices in Nuneaton

25.62%

Property prices in Nuneaton increased by 25.62% 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 Nuneaton Over the Last Year

4.25%

Property prices in Nuneaton increased by 4.25% 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 Nuneaton - 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 Nuneaton

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 Nuneaton

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 Nuneaton

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 Nuneaton since 1995

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

Recent Property Sales in Nuneaton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
126 Merlin Avenue, Nuneaton, Warwickshire, CV10 9JZ£245,000£237,500-£7,50009 Apr 202419 Aug 2024132 Days
49 Ivanhoe Avenue, Nuneaton, Warwickshire, CV11 4RW£179,950£178,500-£1,45026 Jan 202405 Aug 2024192 Days
14 Walnut Close, Nuneaton, Warwickshire, CV10 0JB£340,000£340,000£0026 Dec 202302 Aug 2024220 Days
11 St Nicolas Road, Nuneaton, Warwickshire, CV11 6LB£275,000£270,000-£5,00008 Apr 202402 Aug 2024116 Days
28 St Marys Road, Nuneaton, Warwickshire, CV11 5AU£180,000£180,000£0025 Mar 202402 Aug 2024130 Days
78 Penshurst Way, Nuneaton, Warwickshire, CV11 4XN£235,000£230,000-£5,00026 Feb 202402 Aug 2024158 Days
11 Church Lane, Nuneaton, Warwickshire, CV10 0EX£252,950£252,950£0006 Mar 202430 Jul 2024146 Days
74 Orford Rise, Galley Common, Nuneaton, Warwickshire, CV10 9SA£184,950£184,000-£95007 May 202426 Jul 202480 Days
57 Norfolk Crescent, Nuneaton, Warwickshire, CV10 8BY£230,000£230,000£0013 Feb 202426 Jul 2024164 Days
48 Chesterton Drive, Galley Common, Nuneaton, Warwickshire, CV10 9QR£385,000£380,000-£5,00013 Sep 202326 Jul 2024317 Days
13 Helena Close, Nuneaton, Warwickshire, CV10 7DF£300,000£295,000-£5,00005 Apr 202425 Jul 2024111 Days
36 Somerset Drive, Nuneaton, Warwickshire, CV10 8DD£210,000£210,000£0008 Dec 202325 Jul 2024230 Days
42 Exbury Way, Nuneaton, Warwickshire, CV11 4RY£220,000£210,000-£10,00023 Mar 202425 Jul 2024124 Days
66 Lister Street, Nuneaton, Warwickshire, CV11 4NU£160,000£160,000£0003 Apr 202424 Jul 2024112 Days
71 Westbury Road, Nuneaton, Warwickshire, CV10 8HQ£152,500£150,000-£2,50026 Mar 202419 Jul 2024115 Days
79 Lutterworth Road, Nuneaton, Warwickshire, CV11 6QA£320,000£317,500-£2,50018 Oct 202319 Jul 2024275 Days
16 Sterling Way, Nuneaton, Warwickshire, CV11 4YA£350,000£347,000-£3,00017 Nov 202319 Jul 2024245 Days
30 Cumberland Drive, Nuneaton, Warwickshire, CV10 8BU£222,500£222,500£0022 Nov 202315 Jul 2024236 Days
16 Berrington Road, Nuneaton, Warwickshire, CV10 0LA£239,000£235,000-£4,00030 May 202315 Jul 2024412 Days
25 Eden Court, Nuneaton, Warwickshire, CV10 9AG£310,000£305,000-£5,00027 Feb 202412 Jul 2024136 Days

Most Expensive Streets in Nuneaton

PostcodeStreetAreaAverageNo. of Sales
CV11 6UWSlade CloseNuneaton£566,6663
CV11 6XFCrestwell RoadNuneaton£558,3303
CV11 6LPHinckley RoadNuneaton£474,3577
CV11 6LQBriars CloseNuneaton£449,0833
CV11 6PHLutterworth RoadNuneaton£447,90010
CV11 4SGMagyar CrescentNuneaton£446,8577
CV11 6BLTweed WayNuneaton£446,82818
CV11 6APHigham LaneNuneaton£442,1427
CV11 6PBGreenside CloseNuneaton£434,3333
CV11 6PYLutterworth RoadNuneaton£434,1679

Least Expensive Streets in Nuneaton

PostcodeStreetAreaAverageNo. of Sales
CV10 9EHTudor RoadNuneaton£56,0006
CV10 7BYHarmony CourtBull Ring£74,1666
CV11 6XDKilbury CloseNuneaton£78,2254
CV10 0QEPickering LodgeColeshill Road£79,6254
CV10 0LPCamp Hill RoadNuneaton£81,0004
CV11 5UQStoneleigh CourtCoton Road£85,0003
CV10 9EBRamsden AvenueNuneaton£86,7504
CV11 5XWGillett CloseNuneaton£87,0509
CV11 4JRSimon CloseNuneaton£87,4938
CV10 9EETudor RoadNuneaton£88,2005

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