At a Glance
Average Property Price - CV11
£288,362
39
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV11
£33,649
23
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV11
4.3%
76
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price in CV11 is £288,000, placing it below the national average. Over the past decade, prices have grown at 4.3% annually — a pace notably faster than most UK areas. Transaction activity has softened recently, with 528 sales last year compared to a 10-year average of 669, suggesting a cooling in market activity.
Rent & Yield Trends
Average monthly rent in the broader CV postcode area is £1,062, slightly above the national midpoint. Rents have grown at 4.0% per year over the past decade, in line with the national trend. The flat yield currently stands at 5.8%, a marked improvement on the 10-year average of 4.8%, reflecting stronger returns for landlords in the recent period.
Income & Affordability Trends
Average household net income is £33,649, notably below the national average and among the lower-earning areas. The price-to-income ratio has deteriorated from 7.1x in 2016 to 8.5x today, indicating that property has become less affordable relative to earnings. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 29% to 28%, easing pressure on renters.
Resident Demographic Profile
The population is skewed towards older age groups, with notably fewer young adults aged 16–24 than the national average. Private renting is significantly more prevalent than nationally, accounting for over a quarter of all households compared to the national rate of 22%. The workforce is weighted heavily towards elementary occupations, which account for 18% of employment—well above the national average of 10%—while professional-level employment is underrepresented at 16%.