CV22 7LA is a residential postcode situated on Montgomery Drive, Rugby, CV22 with 47 addresses.
It ranks as the 734th largest and 403rd most expensive of the 807 postcodes in the CV22 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 47 properties: 41 houses and 6 flats.
CV22 7LA is a residential postcode situated on Montgomery Drive, Rugby, CV22 with 47 addresses.
It ranks as the 734th largest and 403rd most expensive of the 807 postcodes in the CV22 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 47 properties: 41 houses and 6 flats.
Sale prices range from £119,879 for 2 bedroom leasehold flats (430 ft2) to £374,253 for 4 bedroom freehold houses with a garden (1,313 ft2) .
Monthly rental prices range from £739 pcm for 2 bed flats to £1,551 pcm for 4 bed houses.
The gross rental yield is between 5.0% and 7.4%.
The average value per square foot is £334.
The last sale in CV22 7LA sold for £275,000 on 25th February 2022. Since then prices are up an average of 12.3%.
The current average value in the postcode is £279,625.
The CV22 7LA Sales Market has increased by 44.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £279,625 |
| April 2025 | 3.6% | £277,315 |
| April 2024 | -2% | £267,594 |
| April 2023 | 7.4% | £273,155 |
| April 2022 | 6.9% | £254,243 |
| April 2021 | 6.1% | £237,744 |
| April 2020 | 1% | £224,085 |
| April 2019 | 0.5% | £221,870 |
| April 2018 | 5.4% | £220,869 |
| April 2017 | 8% | £209,522 |
| April 2016 | 6.2% | £194,063 |
| April 2015 | 5% | £182,699 |
| April 2014 | 10.4% | £173,967 |
| April 2013 | 1.7% | £157,536 |
| April 2012 | 2.7% | £154,933 |
| April 2011 | -0.4% | £150,819 |
| April 2010 | 6.1% | £151,415 |
| April 2009 | -16.9% | £142,757 |
| April 2008 | -2.2% | £171,788 |
| April 2007 | 0% | £175,583 |
The current average rental value in the postcode is £1,271.
The CV22 7LA Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,271pcm |
| April 2025 | 5.4% | £1,245pcm |
| April 2024 | 8.5% | £1,181pcm |
| April 2023 | 6.8% | £1,089pcm |
| April 2022 | 6.2% | £1,020pcm |
| April 2021 | 4.4% | £960pcm |
| April 2020 | -0.3% | £920pcm |
| April 2019 | 1% | £923pcm |
| April 2018 | 2.3% | £913pcm |
| April 2017 | 2.1% | £893pcm |
| April 2016 | 6.3% | £875pcm |
| April 2015 | 4.9% | £823pcm |
| April 2014 | 3.3% | £785pcm |
| April 2013 | 2.8% | £759pcm |
| April 2012 | 5.7% | £738pcm |
| April 2011 | 4.7% | £699pcm |
| April 2010 | -2% | £667pcm |
| April 2009 | -11.3% | £681pcm |
| April 2008 | 3% | £767pcm |
| April 2007 | 0% | £745pcm |
The last sale was on 25th February 2022 for £275,000 and since then the market in the area has increased by 12.3%. The postcode has had a total of 1 sales since 1995.
CV22 7LA has seen no sales in the last three years and no sales in the last twelve months.
CV22 7LA is the 734th largest and the 403rd most expensive postcode out of the 807 postcodes in the CV22 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CV22 7LA, 88.0% of property is socially rented and 5.1% is privately rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CV22 7LA, 36.7% of residents are recorded as possessing school level qualifications and 17.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CV22 7LA, the average age was 38 and the most common age was 12.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CV22 7LA, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CV22 7LA, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.