Herald Way - CV3 2RQ
Key Postcode Insights
CV3 2RQ is a residential postcode situated on Herald Way, Binley Industrial Estate, Coventry, CV3 with 2 addresses.
It ranks as the 31st largest and 645th most expensive of the 1,223 postcodes in the CV3 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £249,902
- 10 Year change
- up 46.3%
- Ave. Rental Price
- £1,321pcm
- 10 Year change
- up 61.9%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
CV3 2RQ is a residential postcode situated on Herald Way, Binley Industrial Estate, Coventry, CV3 with 2 addresses.
It ranks as the 31st largest and 645th most expensive of the 1,223 postcodes in the CV3 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £249,902
- 10 Year change
- up 46.3%
- Ave. Rental Price
- £1,321pcm
- 10 Year change
- up 61.9%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Sales Market Trends
The last sale in CV3 2RQ sold for £575,000 on 21st June 2021. Since then prices are down an average of 0.0%.
The current average value in the postcode is £249,902.
The CV3 2RQ Sales Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £249,902 |
| June 2025 | 1.3% | £249,477 |
| June 2024 | 0.6% | £246,163 |
| June 2023 | 0.9% | £244,798 |
| June 2022 | 11.3% | £242,688 |
| June 2021 | 5.6% | £218,018 |
| June 2020 | 2.3% | £206,525 |
| June 2019 | 1.3% | £201,846 |
| June 2018 | 7.5% | £199,258 |
| June 2017 | 8.5% | £185,396 |
| June 2016 | 8.6% | £170,850 |
| June 2015 | 5.5% | £157,328 |
| June 2014 | 8.7% | £149,080 |
| June 2013 | 1.8% | £137,108 |
| June 2012 | 2.7% | £134,725 |
| June 2011 | -2.7% | £131,124 |
| June 2010 | 5.1% | £134,703 |
| June 2009 | -13.1% | £128,107 |
| June 2008 | -3.2% | £147,380 |
| June 2007 | 0% | £152,283 |
Rental Market Trends
The current average rental value in the postcode is £1,321.
The CV3 2RQ Rental Market has increased by 61.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,321pcm |
| June 2025 | 1.5% | £1,270pcm |
| June 2024 | 6.4% | £1,251pcm |
| June 2023 | 10.1% | £1,176pcm |
| June 2022 | 13.2% | £1,068pcm |
| June 2021 | 6.1% | £944pcm |
| June 2020 | -0.2% | £889pcm |
| June 2019 | 0.4% | £891pcm |
| June 2018 | 4.7% | £888pcm |
| June 2017 | 3.8% | £847pcm |
| June 2016 | 8.9% | £816pcm |
| June 2015 | 6.3% | £750pcm |
| June 2014 | 4.3% | £706pcm |
| June 2013 | 1.3% | £677pcm |
| June 2012 | 2.8% | £668pcm |
| June 2011 | 3.5% | £650pcm |
| June 2010 | 3.8% | £628pcm |
| June 2009 | -7.2% | £605pcm |
| June 2008 | 1.4% | £652pcm |
| June 2007 | 0% | £643pcm |
Sales History
The last recorded sale was on 21st June 2021 for £575,000 and since then the market in the area has remained stable.
CV3 2RQ has had 2 sales since 1995, none of them in the last three years.
- Sold Jun 2021£575,000 | 3 Bed House34, Herald Way, Coventry, CV3 2RQ34, Herald Way, Coventry, CV3 2RQ
- Sold May 2019£675,000 | 3 Bed House22, Herald Way, Coventry, CV3 2RQ22, Herald Way, Coventry, CV3 2RQ
Nearby Postcodes
CV3 2RQ is the 31st largest and the 645th most expensive postcode out of the 1,223 postcodes in the CV3 area.
- CV3 2NY, Herald Way, Binley Industrial Estate, Coventry, CV3CV3 2NY2 Addresses|8 m away
- CV3 2SY, Herald Business Park, Coventry, CV3CV3 2SY2 Addresses|148 m away
- CV3 2SF, Cavans Way, Binley Industrial Estate, Coventry, CV3CV3 2SF5 Addresses|172 m away
- CV3 2LG, Wasperton Close, Binley, Coventry, CV3CV3 2LG13 Addresses|192 m away
- CV3 2RL, Hotchkiss Way, Binley Industrial Estate, Coventry, CV3CV3 2RL10 Addresses|198 m away
Property Types
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Most Expensive Sales
- Sold May 2019£675,000 | 3 Bed House22, Herald Way, Coventry, CV3 2RQ22, Herald Way, Coventry, CV3 2RQ
- Sold Jun 2021£575,000 | 3 Bed House34, Herald Way, Coventry, CV3 2RQ34, Herald Way, Coventry, CV3 2RQ
Schools Nearby
- St Bartholomew's Church of England Academy500 m away
- Ernesford Grange Primary School1.0 km away
- Sowe Valley Primary School1.0 km away
- Ernesford Grange Community Academy1.1 km away
- Caludon Castle School2.4 km away
- Meadow Park School3.1 km away
More reading links
Public Transport Nearby
The closest station to CV3 2RQ is Coventry station, which is 4.9 kilometres away.
- Coventry|4.9 km away
- Coventry Arena|7.1 km away
- Canley|7.2 km away
- Bedworth|9.7 km away