At a Glance
Average Property Price - CV21
£251,609
28
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV21
£37,337
46
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV21
3.9%
64
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price in CV21 is £252,000, placing it below the national average. Over the past decade, prices have grown at 3.9% annually, a pace slightly above the national trend. Transaction activity has slowed recently, with 451 sales in the latest year against a 10-year average of 626, suggesting a softer market environment.
Rent & Yield Trends
Average monthly rent across the broader CV postcode area stands at £1,062, close to the national median. Rents have grown at 4.0% annually over ten years, in line with national performance. The flat yield has risen to 5.8%, noticeably above its 10-year average of 4.8%, signalling improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income of £37,337 is slightly below the national average. The price-to-income ratio of 6.6x has worsened since 2016 (when it stood at 5.9x), reflecting stronger price growth than income gains and tighter purchase affordability. Rental affordability has improved marginally: the rent-to-income ratio has edged down from 29% to 28%, easing pressure on tenants.
Resident Demographic Profile
The population skews notably towards mid-career and established adults, with 35–49 year-olds representing 21.9% against the national average of 18.7%. Conversely, older residents are underrepresented: those aged 65+ make up 14.3% compared to 19.6% nationally. Employment is weighted heavily towards elementary occupations (20.1% versus 10.2% nationally), whilst professional occupations are slightly below average at 18.2%. Mortgage ownership is above the national norm at 31.6%, whilst outright ownership is notably lower at 26.4%.