CV1 2LB is a residential postcode situated on Friars Road, Coventry, CV1 with 31 addresses.
It ranks as the 354th largest and 465th most expensive of the 624 postcodes in the CV1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 31 properties: 31 flats.
CV1 2LB is a residential postcode situated on Friars Road, Coventry, CV1 with 31 addresses.
It ranks as the 354th largest and 465th most expensive of the 624 postcodes in the CV1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 31 properties: 31 flats.
Sale prices range from £142,054 for 2 bedroom leasehold flats with a balcony (430 ft2) to £209,989 for 3 bedroom leasehold flats with a balcony (936 ft2) .
Monthly rental prices range from £870 pcm for 2 bed flats to £1,087 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 7.6%.
The average value per square foot is £247.
The last sale in CV1 2LB sold for £147,000 on 11th September 2019. Since then prices are down an average of 0.2%.
The current average value in the postcode is £181,471.
The CV1 2LB Sales Market has increased by 10.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £181,471 |
| April 2025 | 2.8% | £180,306 |
| April 2024 | -2.5% | £175,319 |
| April 2023 | -1.4% | £179,889 |
| April 2022 | 3.3% | £182,375 |
| April 2021 | -1.9% | £176,567 |
| April 2020 | -1.3% | £179,975 |
| April 2019 | -1.4% | £182,282 |
| April 2018 | 12.7% | £184,893 |
| April 2017 | -0.1% | £164,074 |
| April 2016 | 7.9% | £164,219 |
| April 2015 | 11.3% | £152,178 |
| April 2014 | 6.7% | £136,744 |
| April 2013 | 1.1% | £128,102 |
| April 2012 | -1.7% | £126,685 |
| April 2011 | -1.7% | £128,864 |
| April 2010 | 2.1% | £131,098 |
| April 2009 | -16.3% | £128,412 |
| April 2008 | -3.4% | £153,372 |
| April 2007 | 0% | £158,741 |
The current average rental value in the postcode is £986.
The CV1 2LB Rental Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £986pcm |
| April 2025 | -0.9% | £964pcm |
| April 2024 | 8.1% | £974pcm |
| April 2023 | 8.3% | £900pcm |
| April 2022 | 7.9% | £831pcm |
| April 2021 | 1.1% | £770pcm |
| April 2020 | -0.1% | £762pcm |
| April 2019 | 0.2% | £762pcm |
| April 2018 | 2.6% | £761pcm |
| April 2017 | 0.4% | £742pcm |
| April 2016 | 6% | £739pcm |
| April 2015 | 5.2% | £697pcm |
| April 2014 | 3.4% | £662pcm |
| April 2013 | 0.2% | £640pcm |
| April 2012 | 0.5% | £639pcm |
| April 2011 | 1.9% | £635pcm |
| April 2010 | 2% | £624pcm |
| April 2009 | -5.9% | £611pcm |
| April 2008 | -0.5% | £650pcm |
| April 2007 | 0% | £653pcm |
The last sale was on 11th September 2019 for £147,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 50 sales since 1995.
CV1 2LB has seen no sales in the last three years and no sales in the last twelve months.
CV1 2LB is the 354th largest and the 465th most expensive postcode out of the 624 postcodes in the CV1 area.
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The closest station to CV1 2LB is Coventry station which is 400 metres away.
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