At a Glance
Average Property Price - CV32
£424,429
71
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV32
£42,267
67
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV32
3.4%
43
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price of £424,000 places CV32 among the more expensive districts nationally. Price growth over the past decade has averaged 3.4% annually, which is broadly in line with the wider UK trend. Transaction volumes have moderated in the latest year, with 464 sales against a 10-year average of 552, reflecting typical market softening.
Rent & Yield Trends
Average monthly rent in the broader CV postcode is £1,062, close to the national midpoint. Rental growth has kept pace with the UK average at 4.0% annually over the past decade. The flat yield has risen to 5.8% in the latest year, up from a 10-year average of 4.8%, indicating improved income returns for landlords.
Income & Affordability Trends
Household income in CV32 averages £42,267, notably above the national average. The current price-to-income ratio of 10.5x represents a modest improvement from 10.9x in 2016, suggesting affordability has gradually eased for buyers. Rental affordability has also improved slightly, with rent-to-income ratios falling from 29% to 28% over the same period.
Resident Demographic Profile
The professional workforce is notably strong here, with 34% employed in professional roles—well above the national average of 20.5%—and managers account for 15.8%, also elevated. The private rented sector is more prominent than nationally at 26.8% versus 21.7%, while trades employment is noticeably low at 6.5% compared to the UK average of 10.5%. The population is slightly younger in the 16–24 age bracket at 15.9% versus 11.0% nationally, though the over-65 cohort remains slightly below average at 18.1%.