Key indicators for buyers
The CV1 market looks favourable for buyers. Prices have softened (-63.3%), which could present a buying opportunity. Affordability has improved from a peak of 6.4x in 2022 to 5.5x today. Rising rents (£1,020/mo, +2.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Coventry area
A home in Coventry costs 5.5x the local median salary — moderate, improving from a peak of 6.4x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Coventry area
Average monthly rent in Coventry is £1,020, up 2.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Coventry price of £113,500 with a 25% deposit (£28k), a 2-year fixed mortgage at 3.97% costs around £448 per month.
Monthly cost comparison based on current data
Uses CV1 avg. price with Coventry rental data
Monthly mortgage payments (£448) are £572 less than renting (£1,020). However, buying requires an upfront deposit of £28k — it would take around 3 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
35, CRANERS ROAD CV1 5AZ | Terraced | £113,500 | 16 Jan 2026 |
103, STONEY STANTON ROAD CV1 4FW | Terraced | £195,000 | 19 Dec 2025 |
13, STONEY ROAD CV1 2NP | Detached | £300,000 | 18 Dec 2025 |
22, COUNDON ROAD CV1 4AW | Terraced | £317,000 | 12 Dec 2025 |
11, SOMERSET ROAD, RADFORD CV1 4EG | Terraced | £125,000 | 5 Dec 2025 |
54, NORTHUMBERLAND ROAD CV1 3AQ | Terraced | £166,000 | 5 Dec 2025 |
82, BLYTHE ROAD CV1 5AW | Terraced | £119,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in CV1 sold for £113,500 in 2026, with a median of £113,500 across 1 transactions. Prices fell 63.3% compared to the previous year.
| 5 Dec 2025 |
25, REDCAR ROAD CV1 5HZ | Terraced | £160,000 | 1 Dec 2025 |
31, WIDDRINGTON ROAD, RADFORD CV1 4EU | Terraced | £190,000 | 28 Nov 2025 |
8, DAVID ROAD CV1 2BW | Terraced | £162,500 | 28 Nov 2025 |
APARTMENT 5, MANDARA POINT, DRAPERS FIELDS CV1 4AF | Flat/Maisonette | £125,000 | 28 Nov 2025 |
21, FURLONG ROAD CV1 2UA | Terraced | £272,000 | 27 Nov 2025 |
34, GILLQUART WAY CV1 2UE | Semi-detached | £326,500 | 27 Nov 2025 |
16, GORDON STREET CV1 3ES | Terraced | £157,875 | 25 Nov 2025 |
331, ST GEORGES ROAD CV1 2DG | Terraced | £193,000 | 25 Nov 2025 |
28, GORDON STREET CV1 3ES | Terraced | £177,652 | 25 Nov 2025 |
10, CHESTER STREET CV1 4DJ | Terraced | £295,000 | 21 Nov 2025 |
14, TERRY ROAD CV1 2AW | Terraced | £300,000 | 19 Nov 2025 |
11A, CHESTER STREET CV1 4DH | Terraced | £400,000 | 14 Nov 2025 |
14, THE CABLE YARD CV1 4HA | Terraced | £225,000 | 13 Nov 2025 |
The most recent recorded sale in CV1 was a terraced property on Craners Road for £113,500 in January 2026. Across the last 20 sales, the median price was £193,000.