CV5 Property Prices: Area by Area Breakdown
Explore consistent trends in Coventry’s housing market using sale volumes, price averages, and type-based breakdowns.
You’ll also discover the zones where consistent buyer activity is being recorded.
House Prices > Coventry > CV5
How CV5 House Prices Have Changed Each Year
Below you’ll see how CV5’s housing market has changed, one year at a time, since 2018.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £275,400 | 846 |
| 2024 | £268,300 | 664 |
| 2023 | £266,100 | 742 |
| 2022 | £270,600 | 970 |
| 2021 | £256,700 | 1,105 |
| 2020 | £237,700 | 748 |
| 2019 | £231,100 | 838 |
| 2018 | £230,100 | 855 |
Property Prices Year on Year in CV5
If you've been eyeing properties in Coventry CV5, you've probably noticed that prices are simmering like a pot of stew left on the hob. Steady and sure, the market has warmed up since 2018. Back then, the average cost was around £230,100, inching up over the years to reach £268,300 in 2024, with projections suggesting a rise to £275,400 by 2025.
This upward shift is more than just numbers; it's about CV5 becoming a vibrant corner of Coventry. As appealing as a stroll around Lady Herbert’s Garden, CV5 attracts:
- Young professionals searching for affordable housing
- Investors drawn to compelling growth prospects
- Families opting for spacious homes without breaking the bank
While prices have battled gravity, transaction numbers tell a different tale. From a bustling 855 transactions in 2018, numbers dropped to 664 in 2024. Yet, there's hope on the horizon, with a projected 846 transactions in 2025. Here’s why the dance with numbers might have some unexpected turns:
- The invisible hand of tighter housing supply making moves
- Affordability pinches affecting buyers, like a tight shoe on a long walk
- Shifts in buyer preferences, perhaps swayed by economic breezes or changing rates
So, what's the message here? CV5 is blossoming into a desirable place to call home, but it's not without its intricate hurdles. As the locals might say, "In Coventry, you're buying more than just bricks and mortar – you're buying into a story of growth!"
CV5 Housing Market by Type of Property
Detached
Avg. Property Price: 443K
Avg. Size of Property
1,332 sq/ft
Avg. Cost Per Sq/ft
£342 sq/ft
Total transactions
314 (since 2021)
Semi-detached
Avg. Property Price: 298K
Avg. Size of Property
1,049 sq/ft
Avg. Cost Per Sq/ft
£290 sq/ft
Total transactions
684 (since 2021)
Terraces
Avg. Property Price: 220K
Avg. Size of Property
889 sq/ft
Avg. Cost Per Sq/ft
£252 sq/ft
Total transactions
1,472 (since 2021)
Apartments
Avg. Property Price: 162K
Avg. Size of Property
638 sq/ft
Avg. Cost Per Sq/ft
£254 sq/ft
Total transactions
277 (since 2021)
Property Price Observations in CV5, Coventry
The CV5 region in Coventry reveals an intriguing mix of property prices and sizes, each offering unique opportunities and challenges for prospective buyers. Detached homes, with their higher average price of £443,200, suggest a market catering to those desiring expansive living space at 1,330 sq/ft. These homes, averaging a £340 per sq/ft cost, exemplify the allure of privacy and roominess.
Flats, more compact at 640 sq/ft, provide an ideal entry point for first-time buyers or investors with their average cost of £162,000 and £250 per sq/ft. Despite fewer sales at 277, their affordability and lower maintenance demands are evident attractions.
The middle ground is staked out by semi-detached homes, balancing cost and space beautifully. With an average price of £297,800 per property and £290 per sq/ft, these are undoubtedly appealing. Generous in space, at 1,050 sq/ft each, they lead in popularity with 684 transactions, suggesting a strong familial appeal.
Terraced homes, often considered the heart of UK housing, continue to capture attention thanks to their blend of charm and value. Averaging £220,200 and offering 890 sq/ft, they cost £250 per sq/ft. Their significant 1,472 transactions reflect their broad appeal, particularly to young professionals and budding families. The pace of sales might rival rush hour on Warwick Road!
Takeaways for Potential Buyers:
- Seeking space and exclusivity? Detached homes might be your calling.
- For a blend of affordability and community living, semi-detached and terraced options stand out as prime choices.
- Want low-maintenance, cost-effective living? Embrace the compact lifestyle offered by flats.
Coventry Property: Behind the Asking Prices
The difference between smart buying and overpaying in Coventry is often just a street or two. These crisp articles break it down beautifully.
Trusted Foundations. Transparent Outcomes.
There’s accuracy, and then there’s accuracy with refinement. Ours comes from measured tweaks to official housing data, making each result feel sensible and remarkably clear. Have a look at our valuation flow
All Roads in CV5 – Coventry
No streets found for this district.