House prices in CV1 3 (Coundon)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CV1 3' (Coundon, Radford) - statistics were last calculated on 30 August 2024.

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Defining 'CV1 3'

This analysis is limited to properties whose postcode starts with "CV1 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Coundon.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Coundon is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 22, Gloucester Street, Coundon, Radford, sold for £176,000 on Jul-2024. Given the internal area of 111 square metres, the price per sqm is £1,585.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 31 sales in Coundon (CV1 3) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Coundon (CV1 3). Of the 31 transactions, half were sold for between £2,140 and £2,930 per square metre. The median, or 'middle', price per square metre in 'CV1 3' is £2,680. Notably, only 25% of properties that sold recently were valued at more than £2,930 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Coundon, Radford

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Radford. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Coundon, Radford

Comparison with neighbouring postcode sectors

The table below shows how 'CV1 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CV1 3 Coundon	£2,140 sqm	£2,680 sqm	£2,930 sqm
CV1 4 Radford	£1,880 sqm	£2,270 sqm	£2,620 sqm
CV1 2 Stoke	£2,360 sqm	£2,670 sqm	£2,860 sqm
CV1 5 Hillfields	£1,870 sqm	£2,070 sqm	£2,420 sqm
CV1 1 Coventry	£3,150 sqm	£3,510 sqm	£3,640 sqm

Will Radford house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CV1 3 (Coundon) compared with both the wider area CV1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Radford to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Radford and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Poppleton Close, Coundon, CV1 3B	56 sqm	£2,893	16
Norfolk Street, Coundon, CV1 3L	54 sqm	£2,023	14
Brunswick Road, Coundon, CV1 3L	55 sqm	£2,144	7
Bedford Street, Coundon, CV1 3E	79 sqm	£2,356	7
Waveley Road, Coundon, CV1 3P	58 sqm	£2,989	6
Meadow Street, Coundon, CV1 3L	55 sqm	£2,226	5
Holyhead Road, Coundon, CV1 3A	146 sqm	£1,885	5

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Queens Road, Coundon, CV1 3D	65 sqm	£2,643	12

Queens Road, Coundon, CV1 3D has seen 12 new build sales in the last 4 years (average price £159,444). These new build homes typically have an internal area of 65 sqm, with an average price of £2,643 sqm. This £sqm average is £-37 below the average for CV1 3. New builds typically command a £ per sqm premium. In the case of Queens Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Coundon is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
22, Gloucester St, Coundon, Radford	£176,000 Jul-2024	111	1,585
Apartment 58 Queens House, 16, Queens Rd, Coundon, Radford	£145,000 Jun-2024	53	2,735
14, Melville Rd, Coundon, Radford	£220,000 May-2024	155	1,419

See the entire list of all sales in Coundon (CV1 3) here.