Unlocking the Secrets of Monks Road in CV1, Coventry

Find out where Monks Road in the CV1 district in Coventry sits based on its property transaction history.

Also, discover these tools to make more informed decisions:

Associated Postcodes: CV1 2BY, CV1 2BZ, CV3 2BQ, ... + 2 more

What should properties fetch on Monks Road?

How big is the property?

1000 sq/ft

Type of property?

Is it a new-build property?

Estimated Value:
£350,060

Certainty: 7 out of 10

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House Prices   >   Coventry  >   CV1  >  Monks Road
Market Beat of This Road

Understanding Recent Transactions in Monks Road

  • On Monks Road, 36 transactions have taken place since 2021, with an average price of £458,800. Homes here typically offer 897 square feet, costing £485 per square foot.
  • Monks Road has seen property prices hopscotch from £70,000 to £8,521,800, with square foot values flipping between £93 and £8,800.
  • November 2024 was the moment of the latest property handshake on Monks Road.
How This Road Compares Locally

Monks Road Property Prices vs Surrounding Areas

By Sector

CV1 2

Slice about 2% off your budget by choosing Monks Road over pricier sector streets. (£470,100 vs £458,800). According to the data, choosing Monks Road over another street could leave you better off by £11,300.

By District

i.e. CV1

Penny-pinchers rejoice: the CV1 district undercuts Monks Road by 39%. (£277,700 vs £458,800). This price gap could represent a difference of around £181,100 between Monks Road and the CV1 district.

By City or Town

i.e. Coventry

Based on current averages, properties in Coventry are priced 36% below those found on Monks Road. (£295,000 vs £458,800). The cost difference suggests that a property elsewhere in Coventry could be purchased for £163,700 less than an equivalent one on Monks Road.

Road Insights Unpacked

Extra Useful Facts for Monks Road

  • This road gathers 59 properties, associated with 5 postcodes.
  • Monks Road appears to be entirely made up of longstanding, previously owned properties.
  • The current efficiency level for Monks Road sits around 60 (D), though energy upgrades could lift it to 78 (C).
  • Homes on Monks Road boast an average size of 897 square feet, rendering them 2% bigger than typical Coventry properties.
  • Buyers come around more often here, where the average resale happens every 2 months unlike the slower 7.92 months found nearby.
Insider Looks at Local Homes

Thinking About Coventry? Start Here

When info on Coventry is scarce or outdated, these articles step in. We’ve zeroed in on the two things every buyer and seller wants to know.
For a wider market view, the House Prices in Coventry page gives you the numbers broken down by type, year, and location.
Nearby Places to Roam

CV1 at a Glance

Invest wisely in CV1’s promising future! With its strategic locality, bustling university populace, and seamless access to public transport, CV1 presents a golden opportunity for avid investors. Expect continued thriving property values and appealing yields as Coventry’s ongoing development and growth enhance this district’s value.

171

No. of Roads

1,857

No. of Transactions

300K

Avg. Property Price

890

per sq/ft

Avg. Property Size

451

per sq/ft

Avg. Cost Per Sq/Ft

Nearby Roads of Note

Other Roads Worth Exploring

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