House Prices in CV3: What You Need to Know
Browse through home value statistics from across Coventry, with recent trends and past comparisons included.
You’ll also learn which pockets of the market are being driven by lifestyle shifts, and how that’s reflected in recent sale trends.
House Prices > Coventry > CV3
Tracking House Prices in CV3: 2018 to 2025
From 2018 to 2025, this data outlines how average house prices have shifted in CV3.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £271,700 | 978 |
| 2024 | £263,200 | 746 |
| 2023 | £257,900 | 780 |
| 2022 | £258,500 | 1,036 |
| 2021 | £240,400 | 1,250 |
| 2020 | £228,400 | 879 |
| 2019 | £222,200 | 1,039 |
| 2018 | £217,900 | 1,116 |
Property Prices Year on Year in CV3
Over the span from 2018 to 2025, CV3 in Coventry shows a trend of progressive increase in average property prices. In 2018, homes averaged at £217,900, spiraling to a projected £271,700 by 2025. This steady rise highlights the area's emerging attractiveness and potential for value appreciation.
While prices have been climbing, transaction volumes display a more dynamic route. Beginning high in 2018 with 1,116 sales, the market witnessed a notable dip to 746 anticipated transactions by 2024. The latter part of this period sees a fluctuating pattern – the kind of back-and-forth you might expect in local sports derbies, thrilling but unpredictable.
- Buyers: The climb in prices portrays a profitable landscape for long-term investment.
- Sellers: Potential for luring offers with competitive pricing.
- Investors: An area ripe for returns amidst economic shifts.
Drivers behind these trends are complex. Factors such as limited housing supply and economic variabilities, much like the post-rush hour calm on the Coventry Ring Road, influence ebb and flow. Moreover, buyer preferences shift with changing economic climates and evolving market dynamics.
So what's the core message? CV3 offers an enticing yet challenging market for buyers and investors, ripe with growth but with typical hurdles on its path towards development.
House Type and Cost: CV3’s Breakdown
Detached
Avg. Property Price: 387K
Avg. Size of Property
1,251 sq/ft
Avg. Cost Per Sq/ft
£316 sq/ft
Total transactions
331 (since 2021)
Semi-detached
Avg. Property Price: 287K
Avg. Size of Property
988 sq/ft
Avg. Cost Per Sq/ft
£293 sq/ft
Total transactions
977 (since 2021)
Terraces
Avg. Property Price: 203K
Avg. Size of Property
869 sq/ft
Avg. Cost Per Sq/ft
£236 sq/ft
Total transactions
1,182 (since 2021)
Apartments
Avg. Property Price: 122K
Avg. Size of Property
617 sq/ft
Avg. Cost Per Sq/ft
£201 sq/ft
Total transactions
230 (since 2021)
Once upon a time, nestled in the heart of Coventry's postcode CV3, the housing market danced with activity and variety, akin to a whimsical ballet. Since 2021, the enchantment of property transactions captivated many, with 2,720 total transactions whispering tales of new beginnings. Each property type, from the stately detached homes to the compact flats, shared its own fairytale, mesmerising buyers with unique charms and prices.
The detached homes, the giants of space, availed their 1,250 sq ft of grandeur for around £387,300, making their £320 per sq ft quite the coveted treasure. Like the serene backdrop of Coventry's countryside, these homes beckoned to those dreaming of expansive grounds and tranquil lives, though their 331 transactions hinted at exclusivity.
Semi-detached retreats offered a cozy embrace, with 977 sales portraying them as a beloved choice for many. With an idyllic 990 sq ft average size and costs around £290 per sq ft, these homes seemed to whisper tales of harmony and family life, drawing buyers who sought more than space—perhaps a touch of community spirit too.
In the kingdom of terraced homes, the lanes were bustling, their 1,182 sales testament to their popularity. Averaging a price of £202,500 for a compact 870 sq ft area, they were no longer just homes, but delightful plot points for young families and spirited professionals seeking both charm and accessibility.
On the eastern front, the humble flats held their ground amidst the urban sprawl, offering cost-conscious buyers a slice of city life at an £122,500 price tag, covering 620 sq ft with a £200 per sq ft rate. With 230 sales, these charming abodes may not boast size, but they epitomise practicality for students and savvy investors alike.
Key takeaway for buyers:
- If you dream of endless space and serene settings, perhaps a detached abode calls your name.
- However, should your story seek a community essence or budget-friendly options, the rhythm of terraced homes and flats may be yours to embrace.
Where Coventry Homes Sell Fast (and Why)
There’s no shortage of property chatter, but these articles stick to what matters. Fast-moving postcodes, quietly brilliant roads, and the patterns others miss.
Built on Facts, Not Assumptions
We bring housing data to life by trimming away the noise and making space for what really matters - clear figures based on smart adjustments and up-to-date records. Have a look at our valuation flow
All Roads in CV3 – Coventry
No streets found for this district.