Palm Tree Avenue - CV2 1LB
Key Postcode Insights
CV2 1LB is a residential postcode situated on Palm Tree Avenue, Coventry, CV2 with 35 addresses.
It ranks as the 902nd largest and 28th most expensive of the 1,194 postcodes in the CV2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 35 properties: 10 houses and 25 flats.
- Ave. Sale Price
- £106,626
- 10 Year change
- up 42.2%
- Ave. Rental Price
- £654pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £125/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
CV2 1LB is a residential postcode situated on Palm Tree Avenue, Coventry, CV2 with 35 addresses.
It ranks as the 902nd largest and 28th most expensive of the 1,194 postcodes in the CV2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 35 properties: 10 houses and 25 flats.
- Ave. Sale Price
- £106,626
- 10 Year change
- up 42.2%
- Ave. Rental Price
- £654pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £125/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin CV2 1LB
- 2 Palm Tree Avenue
3 Bed Mid-century House
- 4 Palm Tree Avenue
3 Bed Mid-century House
- 6 Palm Tree Avenue
3 Bed Mid-century House
- 8 Palm Tree Avenue
3 Bed Mid-century House
- 10 Palm Tree Avenue
3 Bed Mid-century House
Sales Market Trends
The last sale in CV2 1LB sold for £155,000 on 28th June 2024. Since then prices are up an average of 1.4%.
The current average value in the postcode is £106,626.
The CV2 1LB Sales Market has increased by 42.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £106,626 |
| June 2025 | 2.2% | £107,145 |
| June 2024 | -1% | £104,864 |
| June 2023 | 1.6% | £105,952 |
| June 2022 | 11.8% | £104,245 |
| June 2021 | 4.5% | £93,282 |
| June 2020 | 2.9% | £89,300 |
| June 2019 | 2.2% | £86,783 |
| June 2018 | 5.4% | £84,940 |
| June 2017 | 7.4% | £80,576 |
| June 2016 | 7.4% | £74,990 |
| June 2015 | 6.5% | £69,852 |
| June 2014 | 7.5% | £65,575 |
| June 2013 | -0.4% | £61,004 |
| June 2012 | 1.1% | £61,266 |
| June 2011 | -3% | £60,588 |
| June 2010 | 5.5% | £62,446 |
| June 2009 | -14.5% | £59,167 |
| June 2008 | -5.7% | £69,202 |
| June 2007 | 0% | £73,352 |
Rental Market Trends
The current average rental value in the postcode is £654.
The CV2 1LB Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £654pcm |
| June 2025 | 0.5% | £629pcm |
| June 2024 | 7.8% | £626pcm |
| June 2023 | 10.1% | £581pcm |
| June 2022 | 10.8% | £527pcm |
| June 2021 | 4.3% | £476pcm |
| June 2020 | 0.7% | £456pcm |
| June 2019 | -0.8% | £453pcm |
| June 2018 | 3.1% | £457pcm |
| June 2017 | 3.3% | £443pcm |
| June 2016 | 7.4% | £429pcm |
| June 2015 | 5.3% | £399pcm |
| June 2014 | 3.6% | £379pcm |
| June 2013 | 0.2% | £366pcm |
| June 2012 | 1.5% | £365pcm |
| June 2011 | 2.1% | £360pcm |
| June 2010 | 3.6% | £352pcm |
| June 2009 | -6.5% | £340pcm |
| June 2008 | 0.2% | £363pcm |
| June 2007 | 0% | £363pcm |
Sales History
The last sale was on 28th June 2024 for £155,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 2 sales since 1995.
CV2 1LB has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
CV2 1LB is the 902nd largest and the 28th most expensive postcode out of the 1,194 postcodes in the CV2 area.
- CV2 1JQ, Spruce Road, Coventry, CV2CV2 1JQ14 Addresses|34 m away
- CV2 1LF, Walnut Street, Coventry, CV2CV2 1LF10 Addresses|53 m away
- CV2 1JP, Wisteria Close, Coventry, CV2CV2 1JP6 Addresses|68 m away
- CV2 1JS, Almond Tree Avenue, Coventry, CV2CV2 1JS24 Addresses|80 m away
- CV2 1JN, Fuchsia Close, Coventry, CV2CV2 1JN6 Addresses|85 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 23 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- mid-century house (8)
- mid-century flat (23)
- early-century house (1)
- early-century flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (12)
- G (0)
- D (19)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jan 2025£169,000 | 3 Bed House1, Palm Tree Avenue, Coventry, CV2 1LA1, Palm Tree Avenue, Coventry, CV2 1LA
- Sold Apr 2022£160,000 | 3 Bed House10, Palm Tree Avenue, Coventry, CV2 1LB10, Palm Tree Avenue, Coventry, CV2 1LB
- Sold Jun 2024£155,000 | 3 Bed House2, Palm Tree Avenue, Coventry, CV2 1LB2, Palm Tree Avenue, Coventry, CV2 1LB
Schools Nearby
- St Laurences CofE Primary School600 m away
- Alderman's Green Primary School600 m away
- St Patrick's Catholic Primary School900 m away
- Cardinal Wiseman Catholic School1.4 km away
- Foxford Community School1.5 km away
- Grace Academy Coventry1.8 km away
More reading links
Public Transport Nearby
The closest station to CV2 1LB is Coventry Arena station, which is 1.9 kilometres away.
- Coventry Arena|1.9 km away
- Bedworth|4.2 km away
- Coventry|5.3 km away
- Canley|7.0 km away
