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 Earlsdon, Allesley (CV5 6).


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. 29, Farman Road, Earlsdon, Allesley, sold for £170,000 on Mar-2024. Given the internal area of 69 square metres, the price per sqm is £2,463.

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 £2,490 and £3,340 per square metre. The median, or 'middle', price per square metre in 'CV5 6' is £2,850. Notably, only 25% of properties that sold recently were valued at more than £3,340 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 6 Earlsdon £2,490 sqm £2,850 sqm £3,340 sqm
CV5 7 Coventry £2,630 sqm £3,060 sqm £3,440 sqm
CV5 9 Allesley £2,680 sqm £3,060 sqm £3,520 sqm
CV5 8 Chapelfields £2,370 sqm £2,760 sqm £3,120 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

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 £2,555 36
Albany Road, Earlsdon, CV5 6N 67 sqm £3,091 26
Broomfield Road, Earlsdon, CV5 6J 91 sqm £2,244 24
Kensington Road, Earlsdon, CV5 6G 90 sqm £2,323 20
Newcombe Road, Earlsdon, CV5 6N 83 sqm £2,456 20
Kirby Road, Earlsdon, CV5 6H 70 sqm £2,608 20
Osborne Road, Earlsdon, CV5 6S 54 sqm £2,323 20
Westwood Road, Earlsdon, CV5 6G 73 sqm £2,712 19

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Warwick Street, Earlsdon, CV5 6Q 78 sqm £3,018 16
Albany Road, Earlsdon, CV5 6L 67 sqm £3,558 11

Warwick Street, Earlsdon, CV5 6Q has seen 16 new build sales in the last 4 years (average price £235,468). These new build homes typically have an internal area of 78 sqm, with an average price of £3,018 sqm. This £sqm average is £168 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
29, Farman Rd, Earlsdon, Allesley £170,000
Mar-2024
69 2,463
58, Arden St, Earlsdon, Allesley £228,000
Mar-2024
81 2,814
18, Melbourne Rd, Earlsdon, Allesley £150,000
Feb-2024
65 2,307

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.