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Property Prices on Broomfield Place, CV5 - Full Market Breakdown
Discover how Broomfield Place in the CV5 district in Coventry stands when matched with surrounding areas.
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Associated Postcodes:
CV5 6GY, CV5 6GZ
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House Prices > Coventry > CV5 > Broomfield Place
Price Trends Along the Road
The Full Market Report for Broomfield Place
- Broomfield Place has notched 6 property sales since 2021, each averaging around £175,000. The homes typically span 816 square feet, yielding a rate of £213 per square foot.
- Property values on Broomfield Place have ranged from £123,000 to £200,000, with cost per square foot fluctuating between £179 and £250.
- The last step on the sold staircase for Broomfield Place was in April 2024.
Street Homes vs Area Markets
Price Matchup: Broomfield Place and Surrounding Areas
By Sector
CV5 6
On Broomfield Place, you’d spend 55% less for a home compared to the CV5 6 sector average. (£271,700 vs £175,000). These figures imply that Broomfield Place offers a lower price by about £96,700 compared to sector averages.
By District
i.e. CV5
By choosing Broomfield Place over CV5, buyers could save an average of 44% on property costs. (£175,000 vs £252,100). This market snapshot suggests that a comparable home on Broomfield Place could offer savings of around £77,100 over other district properties.
By City or Town
i.e. Coventry
On average, choosing Broomfield Place could mean a 69% smaller mortgage than Coventry. (£175,000 vs £295,000). Therefore, a home of similar value on Broomfield Place could cost around £120,100 less than its Coventry counterpart.
Key Tidbits About This Road
Extra Useful Facts for Broomfield Place
- The street accommodates 56 properties, distributed across 2 postcode segments.
- No part of Broomfield Place has been developed under new-build schemes, according to transaction history.
- As per EPC records, the average energy efficiency score on Broomfield Place is 58 (D), with the possibility of reaching 77 (C).
- Houses on Broomfield Place come in at 816 square feet on average, 8% more spacious than Coventry homes.
- This street moves faster than most, averaging a sale every 14 months while CV5 generally waits 6.13 months.
City Property Trends
Useful Reads for Buyers and Sellers in Coventry
Seeking to buy or invest in Coventry? Our in-depth content reveals top streets, market trends, and advice for securing an excellent deal.
Furthermore, for a rounded view of how Coventry compares with nearby areas, the Coventry House Prices page is worth a visit.
District Destinations to Love
About the CV5 Area
If you’ve been quietly wondering what makes CV5 tick – whether it’s the pace of property sales or the feel of the streets – we’ve put together a detailed overview that should help.
400
No. of Roads
5,615
No. of Transactions
£300K
Avg. Property Price
960
per sq/ft
Avg. Property Size
£263
per sq/ft
Avg. Cost Per Sq/Ft
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