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Rugby House Prices Rugby House Prices

The average house price in Rugby is £264,628 using HM Land Registry data.

The average property price increased by £67,887 (28.11%) over the last 5 years and increased by £13,571 (4.59%) over the last 12 months.

Over the last year, there were 935 residential property sales – a decrease of 386 transactions (-41.28%) relative to the previous year. The majority of house sales (235) were in the £210,000 - £270,000 range. Then came properties in the £270,000 - £330,000 range, where 198 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,936 (-2%).

In Oct 24, there were 154 new estate agency instructions, 171 agreed home sales and 89 property price reductions.

Neighbouring Areas: Cawston

Postcodes Covered: CV21, CV22, CV23, NN6

5-Year Average Property Prices in Rugby

28.11%

Property prices in Rugby increased by 28.11% 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 Rugby Over the Last Year

4.59%

Property prices in Rugby increased by 4.59% 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 Rugby - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Rugby since 1995

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

Recent Property Sales in Rugby

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Winfield Street, Rugby, Warwickshire, CV21 3SJ£197,500£193,500-£4,00029 Feb 202416 Aug 2024169 Days
81 Constable Road, Rugby, Warwickshire, CV21 4DA£337,500£330,000-£7,50004 Jan 202416 Aug 2024225 Days
24 Sorrel Drive, Rugby, Warwickshire, CV23 0TL£435,000£432,500-£2,50018 Apr 202415 Aug 2024119 Days
37 Lawrence Road, Rugby, Warwickshire, CV21 3SA£280,000£278,000-£2,00022 Apr 202409 Aug 2024109 Days
12 Vicarage Hill, Clifton Upon Dunsmore, Rugby, Warwickshire, CV23 0DG£225,000£225,000£0007 Mar 202408 Aug 2024154 Days
112 Ashlawn Road, Rugby, Warwickshire, CV22 5ER£699,950£650,000-£49,95028 Nov 202208 Aug 2024619 Days
12 Thorn Close, Rugby, Warwickshire, CV21 1JN£230,000£230,000£0013 Mar 202407 Aug 2024147 Days
34 Browning Road, Rugby, Warwickshire, CV21 4BT£295,000£278,000-£17,00014 Mar 202405 Aug 2024144 Days
72 Ashlawn Road, Rugby, Warwickshire, CV22 5ES£450,000£432,000-£18,00012 Apr 202401 Aug 2024111 Days
30b, Langton Road, Rugby, Warwickshire, CV21 3UA£415,000£405,000-£10,00027 Oct 202331 Jul 2024278 Days
5 Liza Court, Rugby, Warwickshire, CV21 1SB£130,000£125,000-£5,00003 May 202426 Jul 202484 Days
10 Ash Court, Rugby, Warwickshire, CV22 6EL£179,950£179,950£0025 Mar 202419 Jul 2024116 Days
45 Cordelia Way, Rugby, Warwickshire, CV22 6JU£279,950£275,000-£4,95017 Jan 202419 Jul 2024184 Days
32 Kennedy Drive, Rugby, Warwickshire, CV22 7SP£195,000£195,000£0018 Apr 202404 Jul 202477 Days
232 Hillmorton Road, Rugby, Warwickshire, CV22 5BG£725,000£710,000-£15,00025 Jul 202301 Jul 2024342 Days
56 Everest Road, Rugby, Warwickshire, CV22 6EX£270,000£270,000£0005 Apr 202428 Jun 202484 Days
27 Cornwallis Road, Rugby, Warwickshire, CV22 7HL£235,000£235,000£0004 Jan 202428 Jun 2024176 Days
57 Marlborough Road, Rugby, Warwickshire, CV22 6DD£219,950£215,000-£4,95028 Dec 202328 Jun 2024183 Days
13 Collingwood Avenue, Bilton, Rugby, Warwickshire, CV22 7EX£285,000£283,000-£2,00010 Jan 202427 Jun 2024169 Days
1 Firs Drive, Rugby, Warwickshire, CV22 7AD£175,000£170,000-£5,00007 Mar 202426 Jun 2024111 Days

Most Expensive Streets in Rugby

PostcodeStreetAreaAverageNo. of Sales
CV22 7NAChurch WalkBilton£993,6663
CV22 6RUBilton Fields Farm LaneRugby£964,40010
CV22 7LXChurch WalkBilton£952,5004
CV22 5DFHillmorton RoadRugby£873,6663
CV21 4EDFlorin PlaceHillmorton£791,6663
CV21 3QGClifton RoadRugby£789,1663
CV22 7QTLime Tree AvenueBilton£763,0005
CV22 6DUOverslade LaneRugby£735,8333
CV22 6HLSedlescombe ParkRugby£720,3336
CV22 6HRDunchurch RoadRugby£712,3128

Least Expensive Streets in Rugby

PostcodeStreetAreaAverageNo. of Sales
CV22 7ERBlackwood AvenueRugby£63,7504
CV21 2AYBrooke CourtLittle Pennington Street, Rugby£72,8567
CV21 2JFFollager RoadRugby£78,90010
CV21 2NXSt Andrews CourtWood Street, Rugby£81,1124
CV21 3UXMica CloseRugby£87,5004
CV21 3PUTrinity CourtChurch Street, Rugby£93,2508
CV21 1EFRiverside CornerParkfield Road£103,1663
CV21 3FHHarvon GarthRugby£103,4916
CV21 3DWWarwick StreetRugby£107,6254
CV21 2NUHarrad HouseWoodside Park£107,99511

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