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West Ridge, CV5 - Visual Breakdown of House Prices
Find out how quickly homes are changing hands on West Ridge in the CV5 district in Coventry compared to Coventry generally.
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Associated Postcodes:
CV5 9LN
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House Prices > Coventry > CV5 > West Ridge
Price Trends Along the Road
Market Trends and Property Values in West Ridge
- Since 2021, 9 homes on West Ridge have been sold at an average of £272,900. These properties measure around 925 square feet, costing £273 per square foot.
- The property scene on West Ridge has covered ground between £227,000 and £330,000, while costs per square foot stretched from £198 to £322.
- October 2023 was when the last property sale on West Ridge took place.
Housing Costs vs Nearby Areas
Price Breakdown: West Ridge and Surrounding Areas
By Locality
Allesley Park
Choosing Allesley Park over West Ridge? You’ll shave about 29% off your house budget. (£192,700 vs £272,900) This suggests that a property elsewhere in Allesley Park might be valued around £80,200 lower than one on West Ridge.
By Sector
CV5 9
The CV5 9 sector makes your budget work harder, slicing off 9% compared to West Ridge. (£248,700 vs £272,900) For an equivalent home, you could expect to spend approximately £24,200 more on West Ridge than in another part of the same sector.
By District
i.e. CV5
Purchasing a home on West Ridge comes at 15% more than the CV5 district average. (£272,900 vs £232,900). Factoring in current market trends, purchasing on West Ridge could add around £40,000 to your investment versus the CV5 district.
By City or Town
i.e. Coventry
Buying elsewhere in Coventry offers more bricks for your buck - West Ridge adds a polish tax of 23%. (£272,900 vs £211,000). This suggests that a similar home elsewhere in Coventry might be priced around £62,200 lower than on West Ridge.
Street Nuggets of Info
Insightful Useful Facts About West Ridge
- With 47 properties to its name, this road is grouped under a single postcode.
- West Ridge has never recorded a transaction for a newly built home.
- According to EPC reports, the average on West Ridge is 58 (D), with the potential to reach a better grade of 81 (B).
- With a mean internal size of 925 square feet, properties on West Ridge are on average 4% larger than those in Coventry.
- This stretch of homes records sales more frequently, averaging 10 months compared with 5.71 months across most of CV5.
Local Housing Highlights
Explore the Property Story in Coventry
Before you jump into the local market, take a beat. These insightful yet simple reads highlight streets that sell fast, trends worth tracking, and sneaky pitfalls to avoid.
To go further, the Coventry house prices page covers the data, while our property blog breaks down the stories behind it.
District Hotspots to Hit
Discover the CV5 Area
Before jumping to conclusions about CV5, have a flick through what we’ve gathered here.
402
No. of Roads
6,057
No. of Transactions
£300K
Avg. Property Price
954
per sq/ft
Avg. Property Size
£257
per sq/ft
Avg. Cost Per Sq/Ft
Streets Worth Noting
Surrounding Streets to Consider
Popular Roads in CV5
CV5 Roads with Similar Prices
Roads Near West Ridge
