Market outlook for CV6
Key indicators for buyers
The CV6 market looks favourable for buyers. Prices have softened (-3.7%), 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 £201,969 with a 25% deposit (£50k), a 2-year fixed mortgage at 3.97% costs around £797 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses CV6 avg. price with Coventry rental data
Monthly mortgage payments (£797) are £223 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.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, ROCKEN END CV6 5TH | Detached | £217,000 | 26 Jan 2026 |
386, GRANGEMOUTH ROAD, RADFORD CV6 3FJ | Terraced | £173,000 | 23 Jan 2026 |
52, CHORLEY WAY, RADFORD CV6 3LL | Terraced | £345,000 | 21 Jan 2026 |
24, THOMAS BIDDLE LANE, LONGFORD CV6 6LL | Terraced | £241,000 | 19 Jan 2026 |
66, HIGHLEY DRIVE CV6 3LR | Terraced | £97,500 | 16 Jan 2026 |
43, YARROW WALK CV6 4ND | Terraced | £250,000 | 16 Jan 2026 |
3, DRAKELEY CLOSE CV6 7NP | Semi-detached |
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.