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Discover Property Prices for Elmwood Close, CV7
Discover how Elmwood Close in the CV7 district in Coventry stands when matched with surrounding areas.
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Associated Postcodes:
CV7 7DP
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House Prices > Coventry > CV7 > Elmwood Close
Housing Activity on This Street
How Prices Are Changing on Elmwood Close
- Elmwood Close has tallied 6 sales since 2021, with an average cost per home of £379,300. The dwellings typically measure 1,115 square feet, resulting in £369 per square foot.
- On Elmwood Close, property sales prices have ranged from £350,000 to £440,000, while square footage costs have spanned £205 to £483.
- The most recent signature on a dotted line for Elmwood Close was in April 2024.
Street Prices vs Nearby Markets
Market Comparison: Elmwood Close vs Surrounding Areas
By Locality
Balsall Common
On average, homes in Balsall Common sell for 14% more than those on Elmwood Close. (£430,600 vs £379,300) This shows that buying on Elmwood Close could keep roughly £51,300 tucked safely in your pocket.
By Sector
CV7 7
The average property price in Elmwood Close is 22% below that in the CV7 7 sector. (£463,500 vs £379,300). A property of equal size and specification on Elmwood Close could carry a price tag that is about £84,200 lower than in other parts of the sector.
By District
i.e. CV7
Market comparisons show that homes on Elmwood Close command a 7% higher price tag than those in the CV7 district. (£379,300 vs £354,200). Factoring in current market trends, purchasing on Elmwood Close could add around £25,100 to your investment versus the CV7 district.
By City or Town
i.e. Coventry
Homes on Elmwood Close sell for 22% more than the Coventry norm. (£379,300 vs £295,000) Based on this insight, choosing a home elsewhere in Coventry over Elmwood Close might offer a saving of about £84,200.
What Else Defines This Street
Everything Else You Should Know About Elmwood Close
- Along this residential track lie 17 properties, each registered to just one postcode.
- Elmwood Close is made up entirely of older properties, with no new-builds.
- Elmwood Close homes are currently assessed at 62 (D), though improved efficiency measures could raise this to 80 (C).
- Average properties on Elmwood Close measure about 1,115 square feet, making them 21% more generous than typical Coventry homes.
- Sales tend to happen sooner on this street, with the average gap at 14 months compared to 9.74 months in CV7.
Sector Secrets Shared
Unpacking the Market in Coventry, One Street at a Time
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.
Additionally, for anyone comparing Coventry to nearby districts, the House Prices in Coventry page makes that easy.
Quick Escapes in the District
Exploring CV7: A Local Snapshot
We’ve arranged the latest CV7 transaction data just beneath this, with clarity in mind.
381
No. of Roads
3,364
No. of Transactions
£400K
Avg. Property Price
1,160
per sq/ft
Avg. Property Size
£293
per sq/ft
Avg. Cost Per Sq/Ft
Hidden Roads Around Here
Surrounding Streets to Consider
Popular Roads in CV7
CV7 Roads with Similar Prices
- Church Lane
- Church Lane
- Church Lane
- Maxstoke Lane
- Beaufoy Close
- Brickyard Close
Roads Near Elmwood Close
