House prices in CV11 5 (Nuneaton)

This article reveals price per square metre data and various charts to help you understand current housing market in Nuneaton (CV11 5).


Defining 'CV11 5'

This analysis is limited to properties whose postcode starts with "CV11 5", 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. 62, Midland Road, Nuneaton, sold for £100,000 on Mar-2024. Given the internal area of 96 square metres, the price per sqm is £1,041.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 208 sales in Nuneaton (CV11 5) 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 5). Of the 208 transactions, half were sold for between £1,660 and £2,200 per square metre. The median, or 'middle', price per square metre in 'CV11 5' is £1,910. Notably, only 25% of properties that sold recently were valued at more than £2,200 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 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV11 4 Nuneaton £2,040 sqm £2,380 sqm £3,030 sqm
CV11 6 Nuneaton £2,860 sqm £3,230 sqm £3,520 sqm
CV11 5 Nuneaton £1,660 sqm £1,910 sqm £2,200 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 5 (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

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 5 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
Earls Road, Nuneaton, CV11 5H 109 sqm £1,997 20
Jodrell Street, Nuneaton, CV11 5E 78 sqm £1,592 20
Bracebridge Street, Nuneaton, CV11 5P 86 sqm £1,682 18
Richmond Road, Nuneaton, CV11 5L 88 sqm £2,204 16
Manor Park Road, Nuneaton, CV11 5H 108 sqm £2,246 16
Queens Road, Nuneaton, CV11 5N 71 sqm £1,797 15
Silken Court, Nuneaton, CV11 5N 85 sqm £2,069 15
Borough Way, Nuneaton, CV11 5J 68 sqm £2,293 15

Search for your street here.

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
62, Midland Rd, Nuneaton £100,000
Mar-2024
96 1,041
40, Henry St, Nuneaton £156,000
Feb-2024
93 1,677
43, Cheverel St, Nuneaton £142,000
Feb-2024
107 1,327

See the entire list of all sales in Nuneaton (CV11 5) 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.