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Coventry House Prices Coventry House Prices

The average house price in Coventry is £234,122 using HM Land Registry data.

The average property price increased by £42,458 (20.29%) over the last 5 years and increased by £8,507 (3.5%) over the last 12 months.

Over the last year, there were 2,589 residential property sales – a decrease of 719 transactions (-27.77%) relative to the previous year. The majority of house sales (617) were in the £172,000 - £214,000 range. Then came properties in the £214,000 - £256,000 range, where 574 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 112 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,759 (-2%).

In Dec 24, there were 331 new estate agency instructions, 303 agreed home sales and 167 property price reductions.

Neighbouring Areas: Bedworth

Postcodes Covered: CV1, CV2, CV3, CV4, CV5, CV6, CV7, CV8

5-Year Average Property Prices in Coventry

20.29%

Property prices in Coventry increased by 20.29% 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 Coventry Over the Last Year

3.5%

Property prices in Coventry increased by 3.5% 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 Coventry - Dec 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 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 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 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 Coventry since 1995

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

Recent Property Sales in Coventry

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
113 Bushbery Avenue, Coventry, West Midlands, CV4 9NR£100,000£40,943-£59,05702 Nov 201129 Nov 20244776 Days
23 Yule Road, Coventry, West Midlands, CV2 3DB£200,000£195,000-£5,00016 Mar 202422 Nov 2024251 Days
7 Huntingdon Road, Earlsdon, Coventry, West Midlands, CV5 6PT£235,000£235,000£0016 May 202419 Nov 2024187 Days
53 Harper Road, Coventry, West Midlands, CV1 2AL£170,000£170,000£0011 Oct 202418 Nov 202438 Days
20 Galeys Road, Cheylesmore, Coventry, West Midlands, CV3 5GN£240,000£240,000£0023 Apr 202418 Nov 2024209 Days
14 Shipston Road, Wyken, Coventry, West Midlands, CV2 3AH£200,000£195,000-£5,00026 Jan 202415 Nov 2024294 Days
46 Guardhouse Road, Coventry, West Midlands, CV6 3DT£170,000£170,000£0008 Sep 202415 Nov 202468 Days
5 Delhi Avenue, Coventry, West Midlands, CV6 5LX£220,000£220,000£0008 Jul 202415 Nov 2024130 Days
26 Hardy Road, Coventry, West Midlands, CV6 2LD£230,000£225,000-£5,00020 Jun 202415 Nov 2024148 Days
Flat 62, Compass Court, Norfolk Street, Coventry, West Midlands, CV1 3LJ£60,000£58,000-£2,00025 Jul 202415 Nov 2024113 Days
11 Avondale Road, Coventry, West Midlands, CV5 6DZ£450,000£445,000-£5,00012 Jun 202415 Nov 2024156 Days
10 Fairbourne Way, Coventry, West Midlands, CV6 2NF£210,000£200,000-£10,00030 Jul 202414 Nov 2024107 Days
8 Batemans Acre South, Coventry, West Midlands, CV6 1BE£225,000£220,000-£5,00006 Aug 202414 Nov 2024100 Days
30 Avondale Road, Coventry, West Midlands, CV5 6DZ£450,000£415,000-£35,00020 May 202413 Nov 2024177 Days
106 Stevenson Road, Coventry, West Midlands, CV6 2JW£200,000£200,000£0015 Oct 202411 Nov 202427 Days
39 Gresley Road, Coventry, West Midlands, CV2 1BD£160,000£160,000£0019 Jun 202408 Nov 2024142 Days
140 Belgrave Road, Wyken, Coventry, West Midlands, CV2 5BH£220,000£209,000-£11,00029 Aug 202408 Nov 202471 Days
1 Sapphire Gate, Coventry, West Midlands, CV2 5JQ£210,000£205,000-£5,00012 Jun 202408 Nov 2024149 Days
16 Farm Close, Coventry, West Midlands, CV6 2GD£235,000£230,000-£5,00020 Jul 202408 Nov 2024111 Days
20 Locke Close, Coventry, West Midlands, CV6 2ET£210,000£205,000-£5,00024 Apr 202408 Nov 2024198 Days

Most Expensive Streets in Coventry

PostcodeStreetAreaAverageNo. of Sales
CV4 7AJGibbet Hill RoadCoventry£1,033,1258
CV4 7ABStoneleigh RoadCoventry£972,4005
CV5 6BYSouthleigh AvenueCoventry£925,8333
CV4 7HXThe ArboretumCoventry£800,2504
CV4 7HEHeycroftCoventry£731,6663
CV4 7AZCannon Hill RoadCoventry£729,0005
CV7 8JJTamworth RoadKeresley End£714,0005
CV4 8AAWestwood Heath RoadCoventry£702,1666
CV5 6DDWoodland AvenueCoventry£696,6663
CV4 8ASCromwell LaneCoventry£693,0005

Least Expensive Streets in Coventry

PostcodeStreetAreaAverageNo. of Sales
CV6 6LFHurn WayCoventry£51,4374
CV3 3BUTarquin CloseCoventry£65,6663
CV1 4AWCoundon RoadCoventry£70,4374
CV3 3HWSt James CourtCoventry£71,9005
CV3 4DWSebastian CloseCoventry£73,1254
CV3 2RDWilliam Mckee CloseBinley£75,2504
CV6 7GZStuart CourtBell Green Road£76,0003
CV6 6JNAnderton RoadAldermans Green£78,4833
CV1 3GQUpper York StreetCoventry£86,8754
CV3 4DSSunnybank AvenueCoventry£87,3124

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