Key indicators for buyers
The CV3 market looks favourable for buyers. 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 £279,448 with a 25% deposit (£70k), a 2-year fixed mortgage at 3.97% costs around £1,103 per month.
Monthly cost comparison based on current data
Uses CV3 avg. price with Coventry rental data
Monthly mortgage payments (£1,103) are £83 more than renting (£1,020). However, buying requires an upfront deposit of £70k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
55, COTSWOLD DRIVE, FINHAM CV3 6EZ | Detached | £470,000 | 23 Jan 2026 |
30, BRUNTINGTHORPE WAY, BINLEY CV3 2GE | Semi-detached | £325,000 | 23 Jan 2026 |
20, BRYMPTON ROAD CV3 1GW | Terraced | £255,000 | 21 Jan 2026 |
77, BROOKVALE AVENUE, BINLEY CV3 2DG | Semi-detached | £267,560 | 20 Jan 2026 |
12, BENEDICTINE ROAD CV3 6GY | Semi-detached | £80,000 | 16 Jan 2026 |
156, COOMBE PARK ROAD, BINLEY CV3 2PE | Detached | £326,000 | 15 Jan 2026 |
18, KENPAS HIGHWAY, GREEN LANE CV3 6BP | Terraced |
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 CV3 sold for £279,448 in 2026, with a median of £283,000 across 18 transactions. Prices fell 1.1% compared to the previous year.
| £350,000 |
| 14 Jan 2026 |
24, HORNINGHOLD CLOSE, BINLEY CV3 2GH | Semi-detached | £250,000 | 14 Jan 2026 |
213, DAVENTRY ROAD, CHEYLESMORE CV3 5HH | Terraced | £287,000 | 12 Jan 2026 |
5, ESME CLOSE CV3 1LQ | Semi-detached | £279,000 | 12 Jan 2026 |
222, BAGINTON ROAD CV3 6FU | Semi-detached | £445,000 | 9 Jan 2026 |
17, HERMITS CROFT, CHEYLESMORE CV3 5HA | Semi-detached | £240,000 | 9 Jan 2026 |
28, ODDICOMBE CROFT, STYVECHALE CV3 5PB | Semi-detached | £340,000 | 9 Jan 2026 |
103, SEDGEMOOR ROAD CV3 4EA | Flat/Maisonette | £123,000 | 8 Jan 2026 |
68, GRETNA ROAD CV3 6DP | Terraced | £322,500 | 7 Jan 2026 |
6, JOE OBRIEN CLOSE CV3 3JD | Semi-detached | £115,000 | 7 Jan 2026 |
36, SURREY DRIVE CV3 1PL | Terraced | £325,000 | 6 Jan 2026 |
14, ARUNDEL ROAD CV3 5JU | Terraced | £230,000 | 5 Jan 2026 |
FLAT 4, BARLEY LEA HOUSE, THE BARLEY LEA CV3 1EW | Flat/Maisonette | £85,000 | 19 Dec 2025 |
198, HUMBER ROAD CV3 1BH | Terraced | £209,920 | 19 Dec 2025 |
The most recent recorded sale in CV3 was a detached property on Cotswold Drive for £470,000 in January 2026. Across the last 20 sales, the median price was £279,000.