At a Glance
Average Property Price - CV6
£217,157
17
National percentile
Average Monthly Rent - CV
£1,062
56
National percentile
Average Net Household Income - CV6
£34,806
30
National percentile
Flat / Maisonette Yield - CV
5.8%
62
National percentile
10-Year Annualised Price Growth - CV6
4.4%
77
National percentile
10-Year Annualised Rent Growth - CV
4.0%
57
National percentile
Property Price & Volume Trends
The average property price in CV6 is £217,000, placing it well below the national average. Despite this, the area has experienced above-average price growth over the past decade, with prices rising at 4.4% per year—faster than most UK postcodes. Transaction activity has eased in recent years, with 790 sales in the latest full year compared to a 10-year average of 1,095.
Rent & Yield Trends
Average monthly rent in the CV postcode area stands at £1,062, broadly in line with the national midpoint. Rental growth over the past decade has been measured at 4.0% per year, slightly ahead of the national pace. Flat yields have strengthened to 5.8%, up meaningfully from a 10-year average of 4.8%, reflecting improving returns for landlords.
Income & Affordability Trends
Average household income in CV6 is £34,806, notably below the national average. The price-to-income ratio stands at 6.2x, representing a very slight deterioration from 6.1x in 2016, indicating that property prices have grown marginally faster than incomes. Rental affordability has improved: the rent-to-income ratio has fallen from 29% to 28%, suggesting rents have not kept pace with income growth.
Resident Demographic Profile
The area skews significantly younger than national norms, with 19.3% of residents aged 16–24 (more than double the national average of 11%) and only 11.3% aged 65 or over (well below the 19.6% national figure). Private rental housing dominates at 30.8% of all tenure, substantially above the national average of 21.7%. The employment profile is heavily weighted towards elementary roles (19.2%, compared to 10.2% nationally) and plant/machine operation (11.1% versus 6.6% nationally), with a marked underrepresentation of managers and professionals.