House prices in CV9 1 (Atherstone)

This article reveals price per square metre data and various charts to help you understand current housing market in Atherstone (CV9 1).


Defining 'CV9 1'

This analysis is limited to properties whose postcode starts with "CV9 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 Atherstone.

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 Atherstone 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. 24, Arden Street, Atherstone, sold for £122,000 on Mar-2024. Given the internal area of 104 square metres, the price per sqm is £1,173.

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 138 sales in Atherstone (CV9 1) that took place in the last two years.

Distribution of £ per sqm for Atherstone
Distribution of £ per sqm house prices in Atherstone

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 Atherstone (CV9 1). Of the 138 transactions, half were sold for between £2,060 and £3,010 per square metre. The median, or 'middle', price per square metre in 'CV9 1' is £2,550. Notably, only 25% of properties that sold recently were valued at more than £3,010 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 Atherstone

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 Atherstone. 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 Atherstone
House price heatmap for Atherstone

Comparison with neighbouring postcode sectors

The table below shows how 'CV9 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV9 1 Atherstone £2,060 sqm £2,550 sqm £3,010 sqm
CV9 3 Austrey £2,570 sqm £3,080 sqm £3,510 sqm
CV9 2 Grendon £2,250 sqm £2,740 sqm £3,160 sqm

Will Atherstone 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 CV9 1 (Atherstone) compared with both the wider area CV9 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 Atherstone,Atherstone
House price trends for Atherstone

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 CV9 1 sales
Recent trends for Atherstone

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 Atherstone 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 Atherstone 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
Long Street, Atherstone, CV9 1R 51 sqm £1,605 19
Croft Road, Atherstone, CV9 1H 87 sqm £2,768 17
Greendale Close, Atherstone, CV9 1P 80 sqm £2,626 14
Arden Street, Atherstone, CV9 1E 88 sqm £2,057 13
Stafford Street, Atherstone, CV9 1D 91 sqm £1,883 13
North Street, Atherstone, CV9 1J 77 sqm £2,168 13
South Street, Atherstone, CV9 1G 58 sqm £2,485 12
Grove Road, Atherstone, CV9 1D 79 sqm £2,054 9

Search for your street here.

Raw data

Our analysis of Atherstone 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
24, Arden St, Atherstone £122,000
Mar-2024
104 1,173
45, Church Walk, Atherstone £280,000
Feb-2024
57 4,912
19, Greendale Close, Atherstone £221,000
Feb-2024
73 3,027

See the entire list of all sales in Atherstone (CV9 1) 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.