Market outlook for CV6
Key indicators for buyers
The CV6 market is moderately favourable for buyers. Prices have softened (-2.6%), which could present a buying opportunity. 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
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 £1,019, 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 £204,124 with a 25% deposit (£51k), a 2-year fixed mortgage at 5.14% costs around £907 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses CV6 avg. price with Coventry rental data
Monthly mortgage payments (£907) are £112 less than renting (£1,019). However, buying requires an upfront deposit of £51k — it would take around 6 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 |
|---|---|---|---|
22, BANKS ROAD CV6 1JT | Semi-detached | £186,000 | 20 Mar 2026 |
42, REDESDALE AVENUE CV6 1BT | Terraced | £244,000 | 16 Mar 2026 |
25, ASPEN DRIVE, LONGFORD CV6 6QS | Detached | £300,000 | 13 Mar 2026 |
126, NUFFIELD ROAD CV6 7HW | Terraced | £184,000 | 13 Mar 2026 |
92A, VINECOTE ROAD, LONGFORD CV6 6EA | Terraced | £235,000 | 12 Mar 2026 |
13, MAPLETON ROAD CV6 2BA | Terraced | £215,000 | 12 Mar 2026 |
101, SADLER ROAD, KERESLEY CV6 2LE | 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.