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Rugby House Prices Rugby House Prices

The average house price in Rugby is £252,659 using HM Land Registry data.

The average property price increased by £69,965 (29.37%) over the last 5 years and increased by £13,983 (4.75%) over the last 12 months.

Over the last year, there were 819 residential property sales – a decrease of 539 transactions (-65.81%) relative to the previous year. The majority of house sales (190) were in the £198,000 - £256,000 range. Then came properties in the £256,000 - £314,000 range, where 162 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,936 (-2%).

In April 2024, there were 196 new estate agency instructions, 129 agreed home sales and 71 property price reductions.

Neighbouring Areas: Cawston

Postcodes Covered: CV21, CV22, CV23, NN6

5-Year Average Property Prices in Rugby

29.37%

Property prices in Rugby increased by 29.37% 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

4.75%

Property prices in Rugby increased by 4.75% 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 - April 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 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
2 Ilam Court, Rugby, Warwickshire, CV22 7DW£122,500£120,000-£2,50020 Nov 202322 Mar 2024123 Days
19 Lower Hillmorton Road, Rugby, Warwickshire, CV21 3ST£189,950£186,950-£3,00014 Oct 202301 Mar 2024139 Days
4 Thomson Close, Rugby, Warwickshire, CV21 1XJ£278,000£270,000-£8,00028 Oct 202323 Feb 2024118 Days
2 School Street, Hillmorton, Rugby, Warwickshire, CV21 4BW£220,000£210,000-£10,00006 Dec 202321 Feb 202477 Days
Farthings, Church Walk, Bilton, Rugby, Warwickshire, CV22 7LX£650,000£645,000-£5,00026 Oct 202315 Feb 2024112 Days
21 Dunster Close, Rugby, Warwickshire, CV22 7AZ£138,000£138,000£0011 Sep 202314 Feb 2024156 Days
35 Balcombe Road, Rugby, Warwickshire, CV22 5HZ£245,000£241,500-£3,50018 Sep 202306 Feb 2024141 Days
230 Bilton Road, Rugby, Warwickshire, CV22 7DX£199,950£190,000-£9,95009 Oct 202302 Feb 2024116 Days
220 Bilton Road, Rugby, Warwickshire, CV22 7DX£175,000£175,000£0020 Sep 202301 Feb 2024134 Days
10 Plantagenet Drive, Rugby, Warwickshire, CV22 6LB£375,000£375,000£0027 Oct 202326 Jan 202491 Days
78 Constable Road, Rugby, Warwickshire, CV21 4DA£375,000£365,000-£10,00028 Apr 202319 Jan 2024266 Days
202 Bilton Road, Rugby, Warwickshire, CV22 7DX£260,000£255,000-£5,00019 Sep 202319 Jan 2024122 Days
19 Holbrook Avenue, Rugby, Warwickshire, CV21 2QG£225,000£220,000-£5,00009 Oct 202308 Jan 202491 Days
84 Gibson Drive, Rugby, Warwickshire, CV21 4LL£285,000£272,500-£12,50008 Sep 202321 Dec 2023104 Days
34 Bennett Street, Rugby, Warwickshire, CV21 2EP£180,000£180,000£0003 Jul 202320 Dec 2023170 Days
99 Saunton Road, Rugby, Warwickshire, CV22 6BD£210,000£202,500-£7,50031 Jul 202320 Dec 2023142 Days
14 Cowan Close, Rugby, Warwickshire, CV22 7HW£135,000£131,000-£4,00027 Jun 202319 Dec 2023175 Days
31 Lawford Bridge Close, Rugby, Warwickshire, CV21 2AE£125,000£125,000£0006 Jul 202318 Dec 2023165 Days
68 Falstaff Drive, Rugby, Warwickshire, CV22 6LJ£330,000£325,000-£5,00004 Jul 202315 Dec 2023164 Days
22 Oxford Street, Rugby, Warwickshire, CV21 3NF£225,000£225,000£0011 Sep 202311 Dec 202391 Days

Most Expensive Streets in Rugby

PostcodeStreetAreaAverageNo. of Sales
CV22 6RUBilton Fields Farm LaneRugby£964,40010
CV21 3BDMoultrie RoadRugby£886,6663
CV22 7LXChurch WalkBilton£860,0005
CV22 7QTLime Tree AvenueBilton£780,0003
CV22 6DUOverslade LaneRugby£735,8333
CV22 6HRDunchurch RoadRugby£724,7857
CV22 6HLSedlescombe ParkRugby£720,3336
CV21 3BAElsee RoadRugby£657,0836
CV22 6EGRocheberie WayRugby£654,6663
CV21 3QGClifton RoadRugby£640,5005

Least Expensive Streets in Rugby

PostcodeStreetAreaAverageNo. of Sales
CV22 7ERBlackwood AvenueRugby£63,7504
CV21 2AYBrooke CourtLittle Pennington Street, Rugby£71,8889
CV21 2NXSt. Andrews CourtWood Street, Rugby£80,6503
CV21 3UXMica CloseRugby£87,5004
CV21 3PUTrinity CourtChurch Street, Rugby£91,2508
CV21 2JFFollager RoadRugby£93,13611
CV21 3FHHarvon GarthRugby£102,3256
CV21 2NUHarrad HouseWoodside Park£105,6619
CV21 2BAOld Works CourtLittle Pennington Street, Rugby£107,41313
CV21 3DWWarwick StreetRugby£107,6254

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