Feb 07, 2023 by HM

House prices in Nuneaton (CV10 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Nuneaton (CV10 0).

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Price per square metre

Knowing the average house price in Nuneaton 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. 61, Brookdale Road, Nuneaton, sold for £207,000 on Aug-2023. Given the internal area of 78 square metres, the price per sqm is £2,653.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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 384 sales in Nuneaton (CV10 0) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Nuneaton (CV10 0). Of the 384 transactions, half were sold for between £2,110 and £3,150 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,150m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CV10 0' is £2,680. The table below shows how 'CV10 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CV10 8 Nuneaton	£1,810m2	£2,200m2	£2,650m2
CV10 9 Nuneaton	£2,000m2	£2,390m2	£2,830m2
CV10 7 Nuneaton	£1,990m2	£2,380m2	£2,780m2
CV10 0 Nuneaton	£2,110m2	£2,680m2	£3,150m2

Will Nuneaton 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 scatter plot below for CV10 0 (Nuneaton). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CV10 0 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Nuneaton 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Nuneaton data or any other data I am given.

Price map for Nuneaton

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Nuneaton. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Nuneaton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Camp Hill Road, Nuneaton, CV10 0J	88m2	£2,090	40
Glenfield Avenue, Nuneaton, CV10 0D	81m2	£2,428	26
Lower Farm Way, Nuneaton, CV10 0F	99m2	£2,826	18
Brookdale Road, Nuneaton, CV10 0B	77m2	£2,568	17
Berrington Road, Nuneaton, CV10 0L	97m2	£2,451	17
Spruce Road, Nuneaton, CV10 0L	77m2	£1,767	17
Winchester Avenue, Nuneaton, CV10 0D	87m2	£3,162	16
Harvest Way, Nuneaton, CV10 0F	88m2	£2,832	16

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Springwood Gate, Nuneaton, CV10 0N	92m2	£2,626	13
Duckpond Lane, Nuneaton, CV10 0F	95m2	£2,994	12
Dovecote Drive, Nuneaton, CV10 0F	97m2	£2,953	10
Flower Garden Drive, Nuneaton, CV10 0F	103m2	£2,838	12

Springwood Gate, Nuneaton, CV10 0N has seen 13 new build sales in the last 4 years (average price £260,489). These new build homes typically have an internal area of 92 m2, with an average price of £2,626 m2. This £sqm average is £-54 below the average for CV10 0. New builds typically command a £ per sqm premium. In the case of Springwood Gate 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 Nuneaton 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	m2	£/m2
21, Winchester Avenue, Nuneaton	£390,000 Aug-2023	155	2,516
61, Brookdale Rd, Nuneaton	£207,000 Aug-2023	78	2,653
62, Kingsbridge Rd, Nuneaton	£347,000 Aug-2023	103	3,368

See the entire list of all sales in Nuneaton (CV10 0) here.