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Rees Drive, CV3 - Current House Values & Market Shifts
Learn how the local housing market around Rees Drive in the CV3 district in Coventry has behaved compared to Coventry overall.
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Associated Postcodes:
CV3 6QF
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House Prices > Coventry > CV3 > Rees Drive
Market Beat of This Road
How Prices Are Changing on Rees Drive
- New owners have snapped up 9 homes on Rees Drive since 2021, each averaging £436,500. The properties tend to be 1,465 square feet, costing £311 per square foot.
- Property sales on Rees Drive have fallen within a range of £331,000 to £585,000, with square foot pricing ranging from £270 to £357.
- July 2024 represents the final property sale on Rees Drive.
Local Market Showdown
Rees Drive Homes vs Surrounding Areas Prices
By Sector
CV3 6
Homes in CV3 6 let you stretch every pound, costing 24% less than in Rees Drive. (£330,400 vs £436,500) Viewed through a financial lens, a home on Rees Drive could cost you roughly £106,100 more.
By District
i.e. CV3
If bargains are your thing, the CV3 district has Rees Drive beat by 45%. (£242,000 vs £436,500). Thus, homes on Rees Drive tend to demand about £194,500 extra on average.
By City or Town
i.e. Coventry
Buyers in Coventry enjoy an average saving of 32% over similar purchases on Rees Drive. (£295,000 vs £436,500). So if you're watching your wallet, Coventry could leave you with an extra £141,400 in change.
Additional Road Rundown
Rees Drive: Key Extras You Should Know
- Comprising 45 properties, this road has only one postcode.
- No part of Rees Drive has been developed under new-build schemes, according to transaction history.
- Homes on Rees Drive have an average EPC rating of 63 (D) and could potentially achieve a rating of 80 (C).
- Compared to town-wide figures, homes on Rees Drive are 40% larger on average, reaching around 1,465 square feet.
- Sales come around more quickly here, averaging 10 months – a pace not matched by most CV3 roads, which sit at 7.66 months.
District Deals Unpacked
Inside the Coventry Housing Market
Whether you’re pricing up your first home or scouting the next deal, these articles keep things grounded, direct, and more than a little bit helpful.
Additionally, there’s a full page on our site titled House Prices in Coventry that outlines the key patterns and property performance since 2018.
Local Highlights on Display
Unpacking CV3: Insights & Info
Thinking about digging deeper into what makes the CV3 area tick? Here’s where you’ll find some useful detail.
595
No. of Roads
6,680
No. of Transactions
£300K
Avg. Property Price
946
per sq/ft
Avg. Property Size
£254
per sq/ft
Avg. Cost Per Sq/Ft
More Paths to Discover
Roads Waiting to Impress
CV3 Roads with Similar Prices
Roads Near Rees Drive
