At a Glance
Average Property Price - CV1
£163,709
5
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV1
£33,043
19
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV1
1.6%
6
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price in CV1 is £164,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 1.6% annually—a below-average pace compared to the rest of the UK. Transaction activity has slowed notably, with 111 sales in the latest year against a 10-year average of 178, reflecting reduced market momentum.
Rent & Yield Trends
Average monthly rent across the CV postcode area stands at £1,062, close to the national median. Rental growth over the past decade has been steady at 4.0% per year, roughly in line with national trends. The flat yield has improved to 5.8% from a 10-year average of 4.8%, signalling strengthening returns for landlords in recent years.
Income & Affordability Trends
Average household income in CV1 is £33,043, significantly below the national average. The price-to-income ratio of 5.4x has improved substantially since 2016 (when it stood at 6.6x), making property purchase more affordable relative to earnings. Rental affordability has also improved modestly, with the rent-to-income ratio falling from 29% in 2016 to 28% today.
Resident Demographic Profile
The population is exceptionally young, with 40.5% aged 16–24—nearly four times the national average—reflecting Coventry's significant student population. Housing tenure is dominated by private renting (44.2%) and social renting (30.1%), both well above national norms, while owner-occupation is low. Employment is heavily skewed toward elementary roles (24.1%, more than double the national average) and sales positions (10.9%), with professional and managerial roles underrepresented.