Property Data OutlookCoventry
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Coventry
Key indicators for buyers
The Coventry market is moderately favourable for buyers. Affordability has improved from a peak of 6.4x in 2022 to 5.5x today. Rising rents (£1,019/mo, +2.2%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Coventry costs 5.5x the local median salary — moderate, improving from a peak of 6.4x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Coventry is £1,019, up 2.2% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Coventry price of £219,765 with a 25% deposit (£55k), a 2-year fixed mortgage at 5.14% costs around £977 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£977) are £42 less than renting (£1,019). However, buying requires an upfront deposit of £55k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
121, ERITHWAY ROAD CV3 6JS | Semi-detached | £335,000 | 26 Mar 2026 |
5, RADNOR WALK, WALSGRAVE ON SOWE CV2 2LS | Semi-detached | £278,000 | 24 Mar 2026 |
39, AMELIA CRESCENT CV3 1NB | Detached | £365,000 | 23 Mar 2026 |
79, VICTORIA COURT CV5 9NQ | Flat/Maisonette | £121,000 | 20 Mar 2026 |
12, BLETCHLEY DRIVE CV5 9LW | Flat/Maisonette | £155,150 | 20 Mar 2026 |
22, BANKS ROAD CV6 1JT | Semi-detached | £186,000 | 20 Mar 2026 |
27, BRENTWOOD GARDENS CV3 6AS | Flat/Maisonette |
Explore postcodes in Coventry
6postcode districts · Click for detailed prices
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.