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House Prices on Palm Tree Avenue, CV2 - What You Need to Know
Get the facts on home sales for Palm Tree Avenue in the CV2 district in Coventry, and compare them to surrounding areas.
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Associated Postcodes:
CV2 1LA, CV2 1LB
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House Prices > Coventry > CV2 > Palm Tree Avenue
Street’s Property Overview
How Prices Are Changing on Palm Tree Avenue
- On Palm Tree Avenue, 4 homes have been sold since 2021, fetching an average of £145,000 each. These properties measure 776 square feet typically, giving £163 per square foot.
- On Palm Tree Avenue, properties have been sold for between £115,000 and £160,000. The price per square foot ranged from £129 to £191.
- On Palm Tree Avenue, the latest door opened to new owners in June 2024.
Road Costs in the Region
Price Contrast: Palm Tree Avenue and Surrounding Areas
By Sector
CV2 1
In comparison to the CV2 1 sector, Palm Tree Avenue has average property prices that are 20% lower. (£174,200 vs £145,000). According to the data, choosing Palm Tree Avenue over another street could leave you better off by £29,200.
By District
i.e. CV2
Choosing Palm Tree Avenue could lower your property costs by approximately 30% compared to CV2. (£145,000 vs £188,800). In real numbers, choosing Palm Tree Avenue could mean spending £43,800 less than picking a home elsewhere in the district.
By City or Town
i.e. Coventry
Buyers in Coventry are typically paying 104% more compared to those buying on Palm Tree Avenue. (£295,000 vs £145,000). From these figures, opting for Palm Tree Avenue might keep your costs down by about £150,100 compared to Coventry.
Extra Layers of This Street
Essential Useful Facts About Palm Tree Avenue
- This road includes 69 properties, sharing 2 postcodes.
- No properties on Palm Tree Avenue were developed as new-builds.
- Palm Tree Avenue homes are currently assessed at 61 (D), though improved efficiency measures could raise this to 76 (C).
- Homes on Palm Tree Avenue boast an average size of 776 square feet, rendering them 13% bigger than typical Coventry properties.
- Homeowners on this street typically move on after 22 months, which is quicker than the 7.33 months common in CV2.
Tips for Local Buyers
Buying or Selling in Coventry? Read This First
Looking to buy or invest in Coventry? Dive into our expert articles to uncover the best roads, property trends, and market tips to help you secure the right deal.
Also, if you’re curious about how the city compares to its neighbours, the House Prices in Coventry page gives a clean side-by-side.
Local Stops for Fun
Discover the CV2 Area
If you’re in the early stages of weighing up different areas and want to see what CV2 has to offer – not just in stats but in tone and movement – this overview may be a helpful place to start.
511
No. of Roads
5,994
No. of Transactions
£200K
Avg. Property Price
876
per sq/ft
Avg. Property Size
£220
per sq/ft
Avg. Cost Per Sq/Ft
More Streets to Visit
Extra Roads to Consider
CV2 Roads with Similar Prices
Roads Near Palm Tree Avenue
