House prices in CV2 1 (Aldermans Green)

This article reveals price per square foot data and various charts to help you understand current housing market in 'CV2 1' (Aldermans Green, Wyken) - statistics were last calculated on 30 August 2024.

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Defining 'CV2 1'

This analysis is limited to properties whose postcode starts with "CV2 1", 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 Aldermans Green.

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 Aldermans Green 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. 317, Henley Road, Aldermans Green, Wyken, sold for £102,500 on Jul-2024. Given the internal area of 688 square feet, the price per sqft is £148.

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 146 sales in Aldermans Green (CV2 1) 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 Aldermans Green (CV2 1). Of the 146 transactions, half were sold for between £186 and £263 per square foot. The median, or 'middle', price per square foot in 'CV2 1' is £216. Notably, only 25% of properties that sold recently were valued at more than £263 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 Aldermans Green, Wyken

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 Wyken. 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 Aldermans Green, Wyken

Comparison with neighbouring postcode sectors

The table below shows how 'CV2 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CV2 1 Aldermans Green	£186 sqft	£216 sqft	£263 sqft
CV2 4 Stoke	£191 sqft	£216 sqft	£242 sqft
CV2 2 Walsgrave	£223 sqft	£263 sqft	£312 sqft
CV2 3 Wyken	£222 sqft	£248 sqft	£280 sqft
CV2 5 Wyken	£221 sqft	£250 sqft	£277 sqft

Will Wyken 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 CV2 1 (Aldermans Green) compared with both the wider area CV2 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 Wyken 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 Wyken 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
Aldermans Green Road, Aldermans Green, CV2 1P	925 sqft	£219	18
Silverdale Close, Aldermans Green, CV2 1P	979 sqft	£200	16
Lentons Lane, Aldermans Green, CV2 1N	947 sqft	£256	12
Henley Road, Aldermans Green, CV2 1A	861 sqft	£184	9
Tipton Way, Aldermans Green, CV2 1T	850 sqft	£220	8
Jackers Road, Aldermans Green, CV2 1P	0 sqft	£206	8
Deedmore Road, Aldermans Green, CV2 1E	0 sqft	£155	6
Shirlett Close, Aldermans Green, CV2 1P	581 sqft	£210	6

Search for your street here.

New build activity

Street	Avg size	Avg £sqft	New build sales
Hillmorton Road, Aldermans Green, CV2 1G	990 sqft	£214	10
Ashorne Close, Aldermans Green, CV2 1G	807 sqft	£281	9

Hillmorton Road, Aldermans Green, CV2 1G has seen 10 new build sales in the last 4 years (average price £190,597). These new build homes typically have an internal area of 990 sqft, with an average price of £214 sqft. This £sqm average is £-2 below the average for CV2 1. New builds typically command a £ per sqft premium. In the case of Hillmorton 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 Aldermans Green 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
317, Henley Rd, Aldermans Green, Wyken	£102,500 Jul-2024	688	148
2, Palm Tree Avenue, Aldermans Green, Wyken	£155,000 Jun-2024	936	165
Flat 26 Alice Arnold House, Riley Square, Aldermans Green, Wyken	£49,000 Jun-2024	452	108

See the entire list of all sales in Aldermans Green (CV2 1) here.