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The Insider’s Perspective on Park Road in CV1, Coventry
Access recent housing trends from Park Road in the CV1 district in Coventry and how they compare with Coventry as a whole.
Also, supercharge your property plans with these quick insights.
Associated Postcodes:
CV1 2LD, CV1 2LE, CV1 2LF, ... + 1 more
What’s the market cost of homes on Park Road?
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Housing Activity on This Street
How Much Do Homes Cost on Park Road?
- Park Road has had 6 sales since 2021, with properties averaging around £459,200 each. The average home size is 788 square feet, translating to £200 per square foot.
- Prices achieved for homes on Park Road have ranged from £202,500 to £740,000, with the per-square-foot rate fluctuating between £162 and £215.
- The latest known house sale on Park Road was settled in March 2024.
How This Street Stacks Up
Park Road Property Prices vs Surrounding Areas
By Locality
Cheylesmore
In Cheylesmore, you’d pay 49% less for a home than on Park Road. (£234,300 vs £459,200) Accordingly, Cheylesmore homes could give your finances a breather worth £224,900.
By Sector
CV1 2
Park Road offers a friendly surprise - homes typically cost 2% less than across the sector. (£470,100 vs £459,200). Based on current trends, a comparable home elsewhere in the sector might cost £10,900 more than one on Park Road.
By District
i.e. CV1
Based on averages, buying in the CV1 district could knock about 40% off what you’d pay on Park Road. (£277,700 vs £459,200). The figures imply that a typical homebuyer could pay £181,500 more on Park Road.
By City or Town
i.e. Coventry
Affordability leans in Coventry's favour, with average prices coming in at 36% less than on Park Road. (£295,000 vs £459,200). In effect, selecting a home elsewhere in Coventry might mean spending £164,100 less than on Park Road.
Road’s Lesser-Known Details
More Useful Facts on Park Road
- The road has 137 properties, sharing 4 postcodes.
- Park Road has no homes that were built as new-build properties.
- The current average EPC grade for homes on Park Road is 60 (D), which could be raised to 74 (C) with improvements.
- Compared to town-wide figures, homes on Park Road are 12% larger on average, reaching around 788 square feet.
- This street is one of the more dynamic spots locally, with homes reselling after just 14 months – ahead of the 7.92 month turnover seen in the wider CV1 area.
Local Market Must-Knows
What to Know Before Buying in Coventry
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.
In addition, the Property Prices in Coventry page helps track the rise and fall of home values since 2018, with clear insights across types.
Local Highlights on Display
CV1 at a Glance
Before you decide whether CV1 is worth deeper thought, have a quick look at the updated stats and notes below.
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
Streets That Stand Out
Other Roads Worth Exploring
Popular Roads in CV1
CV1 Roads with Similar Prices
- Monks Road
- Lower Holyhead Road
- Fairfax Street
- St Columbas Close
- Tower Street
- Far Gosford Street
Roads Near Park Road
Genuine Data. Real Impact.
Instead of looking at general averages, we rework individual figures to reflect each home’s unique qualities and context. Find out how we make it more precise