At a Glance
Average Property Price - CV4
£299,663
42
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV4
£36,337
40
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV4
3.5%
46
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price in CV4 is £300,000, close to the national midpoint. Ten-year price growth has averaged 3.5% annually, broadly in line with national trends. Transaction volumes have declined noticeably, with 299 sales in the latest year compared to a ten-year average of 414—a fall of around 28%.
Rent & Yield Trends
Average monthly rent in the broader CV postcode area stands at £1,062, slightly above the national median. Rental growth over the past decade has averaged 4.0% per year, marginally ahead of the national pace. The flat yield has improved to 5.8%, up from a ten-year average of 4.8%, reflecting the strengthening rental market relative to capital values.
Income & Affordability Trends
Average household net income is £36,337, modestly below the national average. The price-to-income ratio has risen to 8.7x from 8.0x in 2016, indicating that property affordability has deteriorated over the period. Rental affordability has improved slightly: the rent-to-income ratio has fallen to 28% from 29% in 2016.
Resident Demographic Profile
The age profile is heavily skewed towards young adults: 16–24-year-olds account for 28.6% of the population, nearly three times the national average, reflecting a significant student population. Social rented housing is markedly above average at 26.5%, compared to the national figure of 16.5%, while outright ownership is correspondingly lower at 25.9%. The employment mix shows a higher proportion in elementary roles (14.8% vs 10.2% nationally) and a lower proportion in managerial positions (9.8% vs 13.4% nationally).