House prices in CV11 4 (Nuneaton)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CV11 4' (Nuneaton) - statistics were last calculated on 30 June 2024.


Defining 'CV11 4'

This analysis is limited to properties whose postcode starts with "CV11 4", 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 Nuneaton.

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

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

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. 29, Magyar Crescent, Nuneaton, sold for £510,000 on May-2024. Given the internal area of 197 square metres, the price per sqm is £2,588.

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 257 sales in Nuneaton (CV11 4) that took place in the last two years.

Distribution of £ per sqm for Nuneaton
Distribution of £ per sqm house prices in Nuneaton

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 Nuneaton (CV11 4). Of the 257 transactions, half were sold for between £2,030 and £3,030 per square metre. The median, or 'middle', price per square metre in 'CV11 4' is £2,380. Notably, only 25% of properties that sold recently were valued at more than £3,030 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 Nuneaton

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 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.

Property price heatmap for Nuneaton
House price heatmap for Nuneaton

Comparison with neighbouring postcode sectors

The table below shows how 'CV11 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV11 4 Nuneaton £2,030 sqm £2,380 sqm £3,030 sqm
CV11 5 Nuneaton £1,630 sqm £1,880 sqm £2,210 sqm
CV11 6 Nuneaton £2,860 sqm £3,210 sqm £3,530 sqm

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 chart below for CV11 4 (Nuneaton) compared with both the wider area CV11 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Nuneaton,Nuneaton
House price trends for Nuneaton

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.

Most recent CV11 4 sales
Recent trends for Nuneaton

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 Nuneaton 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 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.

Street level data

Street Avg size Avg £sqm Recent sales
Marston Lane, Nuneaton, CV11 4R 83 sqm £2,153 28
Gadsby Street, Nuneaton, CV11 4P 75 sqm £1,846 27
Gadsby Street, Nuneaton, CV11 4N 83 sqm £1,937 20
Waverley Avenue, Nuneaton, CV11 4R 79 sqm £2,139 17
Magyar Crescent, Nuneaton, CV11 4S 130 sqm £2,359 17
Clarkson Close, Nuneaton, CV11 4B 69 sqm £2,140 16
Penshurst Way, Nuneaton, CV11 4X 69 sqm £3,006 16
Upton Drive, Nuneaton, CV11 4G 72 sqm £3,100 14

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
The Close, Nuneaton, CV11 4A 70 sqm £2,557 51

The Close, Nuneaton, CV11 4A has seen 51 new build sales in the last 4 years (average price £178,382). These new build homes typically have an internal area of 70 sqm, with an average price of £2,557 sqm. This £sqm average is £177 above the average for CV11 4. New builds typically command a £ per sqm premium so this is normal.

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 sqm £/sqm
29, Magyar Crescent, Nuneaton £510,000
May-2024
197 2,588
15, George Eliot St, Nuneaton £155,000
May-2024
79 1,962
10, Simon Close, Nuneaton £100,000
Apr-2024
46 2,173

See the entire list of all sales in Nuneaton (CV11 4) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.