House Prices in Coventry: Past, Present and What’s Ahead
Discover long-term sales patterns in Coventry by home type and internal district, with external comparisons for added context.
You’ll also discover how demand varies between neighbourhoods – and whether the market is rising in tandem regionally.
House Prices > Coventry
Comparing Coventry House Prices by Year
The data below tracks annual changes in average property prices starting from 2018.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £250,500 | 5,348 |
| 2024 | £244,000 | 4,037 |
| 2023 | £246,900 | 4,658 |
| 2022 | £249,300 | 6,012 |
| 2021 | £236,900 | 6,678 |
| 2020 | £217,500 | 4,667 |
| 2019 | £209,800 | 5,561 |
| 2018 | £209,300 | 5,825 |
The narrative of property prices in Coventry might sound familiar—on the surface, a journey of gradual rise, small dips, and resilient optimism. Since 2018, the average price of a home in this bustling West Midlands city has seen a set of ebbs and flows, sounding almost like the clockwork chimes of Big Ben.
In 2018, you could settle in a Coventry abode for an average of £209,300. Fast forward to 2025, the number is projected to tick up to £250,500. A gradual ascent, one might argue, but perhaps it masks the real hustle beneath the surface.
The transaction volume? It dances to a different tune. Transactions fluctuated from 5,825 in 2018, dipping to a noteworthy low in 2024 with 4,037 exchanges. By 2025, a rebound is anticipated as projections suggest a rise to 5,348 transactions.
Let’s tiptoe through the possible factors influencing these dynamics:
- A potential crunch in the property supply fuelling competition
- Increasing affordability concerns maintaining a tight grip over eager homebuyers
- *Market sentiment shifting*, perhaps responding to the bigger economic theatre writ large across the UK
Is Coventry bucking the UK trend, or is it keeping pace with the national narrative? A rising price trend often signals growth potential. Yet, the challenge remains in balance, as securing a home here is akin to landing a rare open goal at a packed Ricoh Arena game.
Still, the property journey is far from the final whistle. For buyers keen on uncovering their *hidden gem*, now might be the time to discover if Coventry is keeping pace with UK property price growth. Turning your gaze here could prove savvy, with opportunities waiting to be unearthed.
Ready to explore your options? Is Coventry Keeping Pace With UK Property Price Growth?
House Prices in Coventry Based on Property Type
Detached
Avg. Property Price: 413,700
Avg. Size of Property
1,313 sq/ft
Avg. Cost Per Sq/ft
£323 sq/ft
Total transactions
1,658 (since 2021)
Semi-detached
Avg. Property Price: 258,600
Avg. Size of Property
967 sq/ft
Avg. Cost Per Sq/ft
£272 sq/ft
Total transactions
4,139 (since 2021)
Terraces
Avg. Property Price: 195,700
Avg. Size of Property
859 sq/ft
Avg. Cost Per Sq/ft
£233 sq/ft
Total transactions
8,508 (since 2021)
Apartments
Avg. Property Price: 139,900
Avg. Size of Property
617 sq/ft
Avg. Cost Per Sq/ft
£226 sq/ft
Total transactions
1,113 (since 2021)
Exploring Coventry's property market reveals a paradoxical blend of stability and puzzlement. With a £234,000 average price for properties since 2021, the market appears balanced, yet dissecting property types paints a vivid, and sometimes contradictory picture.
**Detached homes** stand as the majestic castles of Coventry's market. Their £413,700 average price and 1,310 sq/ft space highlight a spacious yet pricey alternative, as many Warwickshire dreamers would agree. With a significant 1,648 transactions, these homes echo an adage of 'bigger is better.' However, one must question, are buyers receiving true value or merely prestige?
**Flats**, by contrast, represent a more modest segment of the cityscape, averaging just £139,900 for about 620 sq/ft. Despite the 1,113 transactions, these compact abodes lag behind larger spaces. Is the lower £230 per sq/ft cost enough to justify choosing a flat, or are buyers simply drawn to central locales and their convenience?
As the sturdy backbone of Coventry’s property spreadsheet, **semi-detached houses** balance out the higher end. With an average price of £258,700 and 970 sq/ft in generous spaces, semi-detached homes are the unsung heroes—solid, reliable, and climbing steadily in value amid 4,123 transactions. Safeguarding family budgets like Coventry Lions' den, these homes paint a portrait of consistent value, but, in a mystifying twist, cost more per square foot than expected at £270.
However, the heart of symptomatic contradictions beats alive with **terraced houses**. Selling at an average of £195,700, they attract the attention of first-time buyers and investors alike with 8,496 transactions. Though priced at £230 per sq/ft, is their bustle a testament to enduring allure or mere circumstance?
Across the tapestry of Coventry, variance arises in terms of cost efficiency and housing type preference. As you delve deeper into the region's property choices, the ideal is seldom perfect. Discover Coventry areas that may have peaked in price.
Key takeaway for buyers:
- For those who cherish **ample space and prestige**, detached homes remain alluring despite higher initial investments.
- Yet for flexibility and affordability, **semi-detached and terraced homes** still stand strong, offering value without breaking the bank.
Coventry Property Prices by Local Area
| District | Avg Price (£) | Transactions |
|---|---|---|
| CV1 | £183,100 | 2,259 |
| CV2 | £189,700 | 6,195 |
| CV3 | £240,200 | 6,926 |
| CV4 | £260,700 | 3,433 |
| CV5 | £251,600 | 5,975 |
| CV6 | £190,600 | 8,671 |
| CV7 | £325,100 | 3,601 |
| CV8 | £323,900 | 688 |
Exploring the vibrant tapestry of Coventry's property market reveals a harmonious blend of varied price tags and transactional activities across its districts, each with its distinct personality and appeal.
Imagine wandering through CV1, where the average property price sits at a modest £183,100. This part of Coventry, bustling with student life and rental opportunities, offers a different pace. Quiet streets flicker with transient lights as ownership opportunities remain limited. It’s a place for those seeking convenience with the hum of academic life echoing through.
Now, picture yourself venturing to the suburban charm of CV8, where homes are more of a treasure hunt at an average cost of £323,900. Here, fewer transactions unfold, yet the allure is profound for families yearning for space, tranquillity, and a countryside feel. It's more of a strategic game with every move carefully contemplated.
In contrast, the bustling marketplaces of CV6 and CV2 dominate with their dynamic transactions. CV6, with 8,671 property exchanges, epitomises accessibility and family-friendly environments. Over in CV2, an average price of £189,700 positions it as a choice haven for first-timers and budget-conscious buyers. It’s like a vibrant, ever-flowing crowd where properties offer an ideal balance.
As for CV3 and CV5, these districts create a delightful mid-spectrum dance with prices resting at £240,200 and £251,600 respectively. It’s here that buyers find harmony, where consistent sales and moderate pricing meet to offer an appealing path for those seeking more room without stretching into the realms of premium pricing.
So what's the core message?
- Quiet and accessible: CV1 - £183,100 with its student and rental emphasis.
- Exclusive and tranquil:
- CV8 - £323,900
- CV7 - £325,100
- High transaction areas:
- CV6 and CV2 - lively, family-oriented choices
- Balanced markets:
- CV3 and CV5 - a pleasing mix of price and space
In essence, Coventry offers a myriad of options where every buyer can find their perfect fit, whether they’re seeking the buzz of the city, a slice of suburbia, or the serene outskirts. From the vibrant pulse of CV6 to the quiet allure of CV8, discover your home's true potential here.
Please be aware that what you see here relates strictly to average pricing and transaction numbers.
Since average property size and price per square foot are not included, the data might not fully reveal underlying patterns. For a deeper look at Coventry’s districts, head over to our blog. Thank you for your interest.
How Coventry Property Prices Match Up Against Nearby Areas
| City | Avg Price (£) | Transactions |
|---|---|---|
| Bedworth | £200,100 | 2,669 |
| Kenilworth | £404,000 | 2,523 |
| Nuneaton | £230,000 | 11,662 |
| Leamington Spa | £347,300 | 6,758 |
| Hinckley | £240,700 | 5,189 |
| Rugby | £276,000 | 10,740 |
| Warwick | £357,800 | 5,870 |
| Solihull | £358,500 | 11,424 |
| Atherstone | £248,900 | 1,558 |
| Southam | £325,000 | 2,577 |
Thinking about buying in Coventry or nearby? The area's property market presents a diverse and intriguing picture, reflective of the unique character and vibe of each town. In some areas, prices have ballooned like kids chasing soap bubbles on a summer’s day, while others have remained stable, offering a dependable sense of affordability.
Let's break it down:
- **Kenilworth**, with an average price of £404,000, is one of the priciest spots. This town attracts buyers looking for premium properties, lush landscapes, and historical appeal.
- Bedworth and Nuneaton offer some of the most affordable options around Coventry. With average prices at £200,100 and £230,000 respectively, they are ideal for first-time buyers and those seeking value without straying too far from the city.
- **Leamington Spa** and **Solihull** stand out for their slightly higher price tags—averaging £347,300 and £358,500. These towns draw in professionals and families eyeing lifestyle perks and well-rated schools.
- **Warwick and Hinckley** sit comfortably in the mid-range, coupling reasonable prices with a decent level of transactions, indicative of a balanced market.
Across all these towns, Coventry remains a dynamic centre, offering stronger transaction numbers compared to neighbours such as Atherstone and Southam. It's a hotspot for a variety of buyers, from families to students, looking for both value and vibrancy.
Key takeaway for buyers:
- Coventry: A bustling market that's both attractive and affordable for a wide range of buyers.
- Value Seekers: Head to Bedworth and Nuneaton for more bang for your buck.
- Premium Locations: Kenilworth, Leamington Spa, and Solihull cater to those looking for more luxurious settings.
- Steady & Reliable: Warwick and Hinckley provide a balanced mix of cost and community feel.
The takeaway is simple: whether you’re after affordability or opulence, the areas around Coventry offer diverse options for every type of property hunter. Each town has its own story, shaped by price, personality, and the people who choose to call it home.
Please be aware that the following figures look only at headline averages for property prices and sales activity.
This data leaves out property sizes and square foot costs, so full trends might not be visible. See more detail at our blog. Thank you.
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Authenticity at Every Step
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