House Prices in CV31: A Closer Look at the Trends
Explore pricing changes and market movement for homes in Leamington Spa, filtered by category and time range.
You’ll also discover where smaller homes are increasingly being favoured over larger, more expensive ones.
House Prices > Leamington Spa > CV31
CV31 Property Prices Year by Year
We’ve compiled annual pricing data for CV31, covering average values from 2018 to 2025.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £318,600 | 516 |
| 2024 | £313,900 | 376 |
| 2023 | £317,400 | 455 |
| 2022 | £310,300 | 519 |
| 2021 | £301,300 | 753 |
| 2020 | £287,900 | 424 |
| 2019 | £278,000 | 508 |
| 2018 | £288,000 | 577 |
The property market in CV31, Leamington Spa paints a fascinating picture of gradual transformation over recent years. Picture elegant Victorian terraces shadowed by modern flats, all witnessing a rise in their average property prices. Since 2018, there has been an evident upward trajectory with the average price touching a notable £317,400 in 2023 and predictions nudging it further to £318,600 by 2025.
What's striking is the market’s resilience to fluctuations, bouncing back from a slight dip in 2019 to register a sustained rise by 2021. Here, the soothing aroma from Leamington’s thriving coffee shops mirrors an optimistic market buzz. Even so, this price surge intertwines with a more complex narrative when considering transaction volumes.
Since peaking in 2021 with 753 transactions, these numbers have been rather capricious, now settling at 376 projected for 2024. Perhaps it's a dance of limited supply and evolving buyer priorities. Picture a market as tight as rush-hour traffic on the nearby M40 - crowded and moving slowly.
Several undercurrents could be influencing these shifts:
- The pull of nearby Birmingham, offering vibrant city opportunities
- Affordability concerns amidst escalating prices
- Shifts in lifestyle preferences, focusing on space over proximity
For those considering Leamington Spa as their next move, it resembles the ever-changing view along the Grand Union Canal - at times serene, yet unpredictably shifting. The takeaway is refreshing: The area remains a sought-after spot, with its mix of old-world charm and modern convenience needing a touch of patience.
Average House Prices Across CV31 by Home Type
Detached
Avg. Property Price: 486K
Avg. Size of Property
1,385 sq/ft
Avg. Cost Per Sq/ft
£361 sq/ft
Total transactions
135 (since 2021)
Semi-detached
Avg. Property Price: 308K
Avg. Size of Property
936 sq/ft
Avg. Cost Per Sq/ft
£340 sq/ft
Total transactions
347 (since 2021)
Terraces
Avg. Property Price: 287K
Avg. Size of Property
860 sq/ft
Avg. Cost Per Sq/ft
£340 sq/ft
Total transactions
554 (since 2021)
Apartments
Avg. Property Price: 204K
Avg. Size of Property
697 sq/ft
Avg. Cost Per Sq/ft
£293 sq/ft
Total transactions
162 (since 2021)
CV31 in Leamington Spa might just be the property world's equivalent of a fast-moving current in the River Avon, with its market charging forward like a caffeinated barista at the first hint of dawn. Let’s examine the stats: **detached homes** grace the top of the price pyramid, with an £485,700 average and occupying a sprawling 1,390 sq ft. However, they prefer to stay elusive, seen in only about 135 transactions. Clearly, they are a realm for those blessed with grand aspirations and, let's face it, well-fed wallets.
With that said, **semi-detached properties** stand as the agile middle child of the housing scene. With around 347 deals on record, these homes attract families yearning for a happy medium of space and cost, boasting an average of 940 sq ft at £340 per sq ft. Their ability to juggle price and practicality keeps them perpetually popular.
**Terraced homes**, with their charming rows and a price tag averaging £286,700, are clearly the social butterflies. The massive influx of 554 transactions highlights their appeal to young professionals and investors looking for urban coziness in a bustling neighbourhood.
Lastly, our **flats** flutter with a leaner average price of £203,500, inviting those who enjoy vertical living. Ideal for first-time buyers, they straddle the line between modest space (700 sq ft) and city convenience, with a rather robust £290 per sq ft.
Key takeaway for buyers:
- Budget-conscious? Think terraced houses or flats for compact yet appealing opportunities.
- Dreaming big? Cast your gaze towards detached havens, if your wallet’s willing.
- Bored of extremes? Semi-detached is your safely mid-way home.
Local Market Insights for Leamington Spa
Looking to buy or invest in Leamington Spa? Dive into our expert articles to uncover the best roads, property trends, and market tips to help you secure the right deal.
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All Roads in CV31 – Leamington Spa
No streets found for this district.