Feb 07, 2023 by HM

House prices in Nuneaton (CV11 5)

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

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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. 1 Whateley Court, Queens Road, Nuneaton, sold for £55,000 on Sep-2023. Given the internal area of 45 square metres, the price per sqm is £1,222.

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. £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 206 sales in Nuneaton (CV11 5) 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 (CV11 5). Of the 206 transactions, half were sold for between £1,660 and £2,190 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,190m². 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 'CV11 5' is £1,930. The table below shows how 'CV11 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CV11 4 Nuneaton	£2,000m2	£2,390m2	£3,070m2
CV11 5 Nuneaton	£1,660m2	£1,930m2	£2,190m2
CV11 6 Nuneaton	£2,840m2	£3,170m2	£3,480m2

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 CV11 5 (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 CV11 5 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
Earls Road, Nuneaton, CV11 5H	109m2	£2,028	23
Jodrell Street, Nuneaton, CV11 5E	78m2	£1,555	22
Bracebridge Street, Nuneaton, CV11 5P	86m2	£1,679	17
Marlborough Road, Nuneaton, CV11 5P	77m2	£1,627	16
Manor Park Road, Nuneaton, CV11 5H	108m2	£2,159	16
Queens Road, Nuneaton, CV11 5N	72m2	£1,791	15
Borough Way, Nuneaton, CV11 5J	68m2	£2,190	15
Richmond Road, Nuneaton, CV11 5L	88m2	£2,094	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	m2	£/m2
1 Whateley Court, Queens Rd, Nuneaton	£55,000 Sep-2023	45	1,222
7, Richmond Rd, Nuneaton	£176,000 Sep-2023	82	2,146
7 Whateley Court, Queens Rd, Nuneaton	£62,000 Sep-2023	43	1,441

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