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Mellowship Road, CV5 Property Market Overview
Explore sales trends on Mellowship Road in the CV5 district in Coventry, and uncover how the area compares citywide.
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Associated Postcodes:
CV5 7BY, CV5 7BZ
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House Prices > Coventry > CV5 > Mellowship Road
Sales Buzz on the Street
Market Trends and Property Values in Mellowship Road
- Mellowship Road has recorded 16 sales since 2021, with homes averaging £232,700 in value. The properties cover 798 square feet on average, equalling £274 per square foot.
- Residential sales on Mellowship Road have occurred within a financial window of £136,000 to £320,000, with square foot pricing varying between £214 and £358.
- The latest property transaction on Mellowship Road concluded in February 2024.
Street Prices vs Nearby Markets
Mellowship Road Real Estate vs Surrounding Areas
By Locality
Eastern Green
Bag a bargain in Eastern Green, where house prices average 22% lower than on Mellowship Road. (£181,000 vs £232,700) As such, buying in Eastern Green instead of Mellowship Road might put an extra £51,700 back into your budget.
By Sector
CV5 7
House hunters will find that Mellowship Road offers 11% lower prices than the CV5 7 sector. (£258,700 vs £232,700). In sum, homes on Mellowship Road could leave you better off by around £26,000 compared to other CV5 7 options.
By District
i.e. CV5
Homes in the CV5 district cost on average 8% more than similar properties on Mellowship Road. (£252,100 vs £232,700). Statistically, buyers could save about £19,400 by opting for Mellowship Road rather than another street.
By City or Town
i.e. Coventry
You could pay 27% less for the same dream on Mellowship Road compared to Coventry. (£232,700 vs £295,000). That’s not just a discount - that’s a £62,400 head start on renovations.
More Street-Level Scoop
Final Key Insights on Mellowship Road
- Comprising 59 properties, this street has 2 postcodes associated with it.
- Records indicate that Mellowship Road has no newly built properties.
- The average energy performance rating for homes on Mellowship Road stands at 62 (D), with the potential to reach 82 (B).
- The average Mellowship Road property boasts 798 square feet, exceeding Coventry by 10% in size.
- This street ranks high in market activity, clocking average resales at 5 months, faster than 6.13 months elsewhere.
Local Housing Highlights
Buying or Selling in Coventry? Read This First
Every city has its curveballs, and these articles don’t shy away from them. Whether you’re after value, pace or peace, you’ll find the right road faster.
Also, our Property Prices in Coventry page gives a crystal-clear overview of how different areas and home types have performed.
Places to Check Out
Exploring CV5: A Local Snapshot
This next block reveals what’s really been happening with CV5 homes – no fluff.
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
Roads Close By to Know
Other Roads You May Be Interested In
Popular Roads in CV5
CV5 Roads with Similar Prices
Roads Near Mellowship Road
