House prices in CV1 3 (Coundon)

This article reveals price per square foot 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 foot

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

£ per sqft = price ÷ internal area

E.g. 22, Gloucester Street, Coundon, Radford, sold for £176,000 on Jul-2024. Given the internal area of 1,194 square feet, the price per sqft is £147.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £218-£232, £232-£246, £246-£260 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 £198 and £272 per square foot. The median, or 'middle', price per square foot in 'CV1 3' is £248. Notably, only 25% of properties that sold recently were valued at more than £272 sqft. 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	£198 sqft	£248 sqft	£272 sqft
CV1 4 Radford	£174 sqft	£210 sqft	£243 sqft
CV1 2 Stoke	£219 sqft	£248 sqft	£265 sqft
CV1 5 Hillfields	£173 sqft	£192 sqft	£224 sqft
CV1 1 Coventry	£292 sqft	£326 sqft	£338 sqft

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 £sqft	Recent sales
Poppleton Close, Coundon, CV1 3B	602 sqft	£268	16
Norfolk Street, Coundon, CV1 3L	581 sqft	£187	14
Brunswick Road, Coundon, CV1 3L	592 sqft	£199	7
Bedford Street, Coundon, CV1 3E	850 sqft	£218	7
Waveley Road, Coundon, CV1 3P	624 sqft	£277	6
Meadow Street, Coundon, CV1 3L	592 sqft	£206	5
Holyhead Road, Coundon, CV1 3A	0 sqft	£175	5

Search for your street here.

New build activity

Street	Avg size	Avg £sqft	New build sales
Queens Road, Coundon, CV1 3D	699 sqft	£245	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 699 sqft, with an average price of £245 sqft. This £sqm average is £-3 below the average for CV1 3. New builds typically command a £ per sqft 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	sqft	£/sqft
22, Gloucester St, Coundon, Radford	£176,000 Jul-2024	1,194	147
Apartment 58 Queens House, 16, Queens Rd, Coundon, Radford	£145,000 Jun-2024	570	254
14, Melville Rd, Coundon, Radford	£220,000 May-2024	1,668	131

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