At a Glance
Average Property Price - CV2
£222,968
19
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV2
£35,678
36
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV2
5.5%
94
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The latest average property price in CV2 is £223,000, placing it well below the national average. Over the past decade, the area has experienced strong price growth of 5.5% per year—among the fastest nationally. However, transaction activity has softened recently, with 515 sales in the latest year compared to an average of 726 over the previous decade.
Rent & Yield Trends
Average monthly rent across the CV postcode area is £1,062, close to the national median. Rents have grown at 4.0% per year over ten years, in line with national trends. The rental yield has improved considerably, now standing at 5.8% compared to a ten-year average of 4.8%, reflecting stronger returns for investors in the current market.
Income & Affordability Trends
Average household income in CV2 is £35,678, below the national average. The price-to-income ratio now stands at 5.9x, a deterioration from 5.4x in 2016, indicating that property affordability for buyers has worsened. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 29% to 28%, suggesting renters face marginally less pressure on their finances.
Resident Demographic Profile
CV2 has a notably younger profile than the national average, with 17% aged 16–24 (well above the 11% national figure) and only 12.8% aged 65 and over compared to 19.6% nationally—a reflection of strong student and young professional populations. Housing tenure is unusually balanced and diverse: private rental (25.4%) and social renting (23%) are both elevated, while outright ownership (25.6%) is significantly below the national norm. Employment is heavily skewed towards elementary occupations (18.5% versus 10.2% nationally) and caring roles (11% versus 9.2%), while managerial positions are notably underrepresented at 6.9% against the national 13.4%.