Key indicators for buyers
The CV2 market looks favourable for buyers. Prices have softened (-12.8%), 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 £198,333 with a 25% deposit (£50k), a 2-year fixed mortgage at 3.97% costs around £783 per month.
Monthly cost comparison based on current data
Uses CV2 avg. price with Coventry rental data
Monthly mortgage payments (£783) are £237 less than renting (£1,020). However, buying requires an upfront deposit of £50k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
23, SKIPTON GARDENS CV2 3PG | Flat/Maisonette | £100,000 | 23 Jan 2026 |
86, SEWALL HIGHWAY CV2 3NN | Terraced | £235,000 | 23 Jan 2026 |
46, SHIRLETT CLOSE CV2 1PG | Flat/Maisonette | £60,000 | 22 Jan 2026 |
31, WATERSMEET ROAD CV2 3HW | Terraced | £150,500 | 22 Jan 2026 |
9, YEWDALE CRESCENT CV2 2FF | Semi-detached | £255,000 | 19 Jan 2026 |
96, ALFALL ROAD CV2 3GG | Terraced | £168,000 | 16 Jan 2026 |
173, DANE ROAD CV2 4JU | Terraced | £220,000 |
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 CV2 sold for £198,333 in 2026, with a median of £190,000 across 15 transactions. Prices fell 12.8% compared to the previous year.
| 16 Jan 2026 |
7, IVENS GROVE CV2 2QH | Terraced | £157,500 | 16 Jan 2026 |
4, SIGNET SQUARE CV2 4NZ | Flat/Maisonette | £120,000 | 9 Jan 2026 |
2, DENNIS ROAD CV2 3HN | Semi-detached | £243,000 | 9 Jan 2026 |
64, TORCROSS AVENUE CV2 3NQ | Terraced | £190,000 | 9 Jan 2026 |
FLAT 10, SWAN COURT, 206, SWAN LANE CV2 4NR | Flat/Maisonette | £125,000 | 8 Jan 2026 |
15, LYMORE CROFT, WALSGRAVE CV2 2PS | Other | £227,500 | 6 Jan 2026 |
44, LONGFELLOW ROAD CV2 5HB | Terraced | £233,500 | 6 Jan 2026 |
39, SOUTH AVENUE CV2 4DQ | Detached | £490,000 | 5 Jan 2026 |
100 - 100A, HILLMORTON ROAD CV2 1FW | Other | £110,000 | 22 Dec 2025 |
264, SEWALL HIGHWAY CV2 3NX | Terraced | £220,000 | 22 Dec 2025 |
104, CHANDOS STREET CV2 4HT | Terraced | £150,000 | 22 Dec 2025 |
3, KENNETH BRADSHAW CLOSE CV2 2PQ | Terraced | £197,000 | 19 Dec 2025 |
39, OLDHAM AVENUE CV2 5EY | Semi-detached | £271,000 | 19 Dec 2025 |
The most recent recorded sale in CV2 was a flat/maisonette property on Skipton Gardens for £100,000 in January 2026. Across the last 20 sales, the median price was £197,000.