At a Glance
Average Property Price - CV22
£348,682
56
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV22
£40,892
62
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV22
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 CV22 is £349,000, placing it close to the national midpoint. Over ten years, the area has seen annualised price growth of 4.3%, which is notably stronger than most of the country. Transaction activity has moderated: 540 sales occurred in the latest year, down from a ten-year average of 637 annually, suggesting a cooling in market momentum.
Rent & Yield Trends
Average monthly rent across the broader CV postcode stands at £1,062, in line with national norms. Rental growth over the past decade has been 4.0% annualised, tracking close to the national average. The flat yield has improved meaningfully: it now sits at 5.8%, well above its ten-year average of 4.8%, making rental investment more attractive than it has been historically.
Income & Affordability Trends
Average household income in CV22 is £40,892, placing the area above the national midpoint. The price-to-income ratio has shifted from 7.7x in 2016 to 8.2x today, indicating that affordability for purchase has tightened. By contrast, rental affordability has improved: the rent-to-income ratio has fallen from 29% to 28%, easing the burden on renters.
Resident Demographic Profile
The population skews slightly older than average, with those aged 65 and over representing 20.6% compared to a national figure of 19.6%; young adults aged 16–24 are noticeably underrepresented at 9.1% versus 11.0% nationally. Housing tenure is marked by notably higher outright ownership at 37% and a stronger mortgage-holding cohort at 33%, reflecting an older, more established demographic; private rental and social rented sectors are both below national averages. The employment mix shows a higher proportion of professionals and managers, balanced against an elevated share of elementary workers at 13.3% versus 10.2% nationally.