Market outlook for CV1
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.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
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.
Rental trends
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.
Monthly mortgage
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.
Rent vs buy snapshot
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.
Recent sales
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.