Area Guide For Coventry

Second only to Birmingham in the West Midlands area, Coventry is a major Metropolitan Borough of England. Having held the honor of being England’s capital in the past, Coventry is also twinned with over 20 cities globally. There is a lot of cultural heritage in the city as well, with three major cathedrals and other sites like the Herbert Art Gallery and Museum and the Coventry Transport Museum. For those who are constantly on the go, the Coventry Airport allows for easy accessibility and travel due to its convenient location.


Coventry Map

Estimated Price: £171,616
Average Asking Price: £218,391
Price change in last one year: £9,701
Average Price Paid: £154,069
Average Rent Rates: £1,191


Property Prices Breakdown in Coventry

Average Price for property in Coventry is around £171,616 which varies based on type of property you are interested in and ranges from £366,801 for detached house to around £192,792 for semi-detached. Similarly terraced house is around £133,203 and a flat is worth £115,471. Values have been changing and have risen £1,048 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,242 in last 6 months, £9,701 in last 1 year, £22,705 in last 2 years, £28,128 in last 3 years, £25,024 in last 4 years and £23,037 in last 5 years.

Currently average asking price of a property in Coventry is around £218,391 based on approximately 4,347 properties for sale. Same is the case with rental options based on 1,750 properties up for rent, average asking rent is around £1,191 per month.

Estimated property value in Coventry is £171,616. Average asking price is £218,391 while average price paid is £163,579 which is up by £9,701 and Avg. asking rent £1,191.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Coventry area. In last 1 year alone average price buyer paid is around £163,579 based on approximately 4,347 sales in Coventry area alone. If you compare it to last 3 years sales of 12,289 properties where buyers paid around £156,752. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £154,069 for 19,184 and average amount paid for purchase of approx. 26,101 properties sold in last 7 years comes to about £152,430 per sale.


Properties For Sale in Coventry


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £106,485, £125,516 for a 2 bedroom house, £174,965 for a 3 bedroom house, £332,221 for a 4 bedroom house and £443,885 for a 5 bedroom house. For a flat similarly the prices varies from £97,668 for a single bedroom to £108,675 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £167,988. To sum up the asking prices for properties in Coventry it comes to around average £99,505 for 1 bedroom property, £118,760 for 2 bedroom, £174,915 for 3 bedroom, £332,221 for 4 bedroom and £443,885 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £401 for 1 bedroom to £661 for 2 bedrooms, £867 for 3 bedrooms, £1,208 for 4 bedrooms and £1,573 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £739, £1,148 for 3 bedroom, £1,503 for 4 bedroom and around £800 for 5 bedroom flat. You should be generally be expecting around average £457 rent per month for single bedroom property, £708 for 2 bedroom, £881 for 3 bedroom, £1,219 for 4 bedroom and approximately £1,559 for a 5 bedroom property in Coventry area.

Popular Houses in Coventry

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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