House prices in CV5 6 (Earlsdon)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CV5 6' (Earlsdon, Allesley) - statistics were last calculated on 30 June 2024.


Defining 'CV5 6'

This analysis is limited to properties whose postcode starts with "CV5 6", 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 Earlsdon.

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 Earlsdon 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. 44, Mickleton Road, Earlsdon, Allesley, sold for £260,500 on May-2024. Given the internal area of 88 square metres, the price per sqm is £2,960.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 341 sales in Earlsdon (CV5 6) that took place in the last two years.

Distribution of £ per sqm for Earlsdon, Allesley
Distribution of £ per sqm house prices in Earlsdon

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 Earlsdon (CV5 6). Of the 341 transactions, half were sold for between £2,460 and £3,320 per square metre. The median, or 'middle', price per square metre in 'CV5 6' is £2,840. Notably, only 25% of properties that sold recently were valued at more than £3,320 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 Earlsdon, Allesley

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 Allesley. 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 Earlsdon
House price heatmap for Earlsdon, Allesley

Comparison with neighbouring postcode sectors

The table below shows how 'CV5 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV5 7 Coventry £2,610 sqm £2,980 sqm £3,420 sqm
CV5 9 Allesley £2,700 sqm £3,070 sqm £3,540 sqm
CV5 8 Chapelfields £2,390 sqm £2,780 sqm £3,150 sqm
CV5 6 Earlsdon £2,460 sqm £2,840 sqm £3,320 sqm

Will Allesley 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 CV5 6 (Earlsdon) compared with both the wider area CV5 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 Earlsdon,Allesley
House price trends for Earlsdon

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 CV5 6 sales
Recent trends for Earlsdon

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 Allesley 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 Allesley 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
Melbourne Road, Earlsdon, CV5 6J 71 sqm £2,538 38
Albany Road, Earlsdon, CV5 6N 67 sqm £3,101 27
Broomfield Road, Earlsdon, CV5 6J 91 sqm £2,266 25
Kensington Road, Earlsdon, CV5 6G 90 sqm £2,340 22
Kirby Road, Earlsdon, CV5 6H 70 sqm £2,611 21
Newcombe Road, Earlsdon, CV5 6N 83 sqm £2,464 20
Shakleton Road, Earlsdon, CV5 6H 69 sqm £2,254 19
Moor Street, Earlsdon, CV5 6E 86 sqm £2,832 19

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Warwick Street, Earlsdon, CV5 6Q 79 sqm £2,973 18
Albany Road, Earlsdon, CV5 6L 67 sqm £3,762 12

Warwick Street, Earlsdon, CV5 6Q has seen 18 new build sales in the last 4 years (average price £234,078). These new build homes typically have an internal area of 79 sqm, with an average price of £2,973 sqm. This £sqm average is £133 above the average for CV5 6. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Earlsdon 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
44, Mickleton Rd, Earlsdon, Allesley £260,500
May-2024
88 2,960
92, Kensington Rd, Earlsdon, Allesley £228,000
Apr-2024
79 2,886
Flat 210 Aylesdene Court, Osborne Rd, Earlsdon, Allesley £123,000
Apr-2024
56 2,196

See the entire list of all sales in Earlsdon (CV5 6) 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.