CV4 8LN is a residential postcode situated on Penruddock Drive, Coventry, CV4 with 25 addresses.
It ranks as the 385th largest and 169th most expensive of the 631 postcodes in the CV4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 25 properties: 25 flats.
CV4 8LN is a residential postcode situated on Penruddock Drive, Coventry, CV4 with 25 addresses.
It ranks as the 385th largest and 169th most expensive of the 631 postcodes in the CV4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 25 properties: 25 flats.
Sale prices range from £149,753 for 2 bedroom leasehold flats with a balcony (516 ft2) to £190,701 for 3 bedroom leasehold flats with a balcony (775 ft2) .
Monthly rental prices range from £790 pcm for 2 bed flats to £901 pcm for 3 bed flats.
The gross rental yield is between 5.7% and 6.3%.
The average value per square foot is £275.
The last sale in CV4 8LN sold for £162,000 on 2nd August 2024. Since then prices are down an average of 0.7%.
The current average value in the postcode is £160,890.
The CV4 8LN Sales Market has increased by 16.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.1% | £160,890 |
| April 2025 | -1.5% | £160,980 |
| April 2024 | -1.1% | £163,448 |
| April 2023 | -1.1% | £165,333 |
| April 2022 | 6.4% | £167,219 |
| April 2021 | 1.4% | £157,175 |
| April 2020 | 2.3% | £154,991 |
| April 2019 | 3.7% | £151,546 |
| April 2018 | 3% | £146,130 |
| April 2017 | 2.4% | £141,865 |
| April 2016 | 7.5% | £138,591 |
| April 2015 | 11.1% | £128,952 |
| April 2014 | 0.3% | £116,040 |
| April 2013 | 2.6% | £115,702 |
| April 2012 | -1% | £112,728 |
| April 2011 | -1.8% | £113,816 |
| April 2010 | 0.1% | £115,886 |
| April 2009 | -9.8% | £115,820 |
| April 2008 | 0.4% | £128,414 |
| April 2007 | 0% | £127,846 |
The current average rental value in the postcode is £818.
The CV4 8LN Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £818pcm |
| April 2025 | -2.5% | £802pcm |
| April 2024 | 7.7% | £823pcm |
| April 2023 | 5.2% | £764pcm |
| April 2022 | 10% | £726pcm |
| April 2021 | 5.5% | £660pcm |
| April 2020 | 1.7% | £626pcm |
| April 2019 | 0.1% | £615pcm |
| April 2018 | 0.3% | £615pcm |
| April 2017 | -1.8% | £613pcm |
| April 2016 | 3.1% | £625pcm |
| April 2015 | 7.9% | £606pcm |
| April 2014 | -0.1% | £561pcm |
| April 2013 | 2% | £562pcm |
| April 2012 | -2.1% | £551pcm |
| April 2011 | 9.3% | £563pcm |
| April 2010 | 2.1% | £515pcm |
| April 2009 | -8.2% | £504pcm |
| April 2008 | 3.6% | £549pcm |
| April 2007 | 0% | £530pcm |
The last sale was on 2nd August 2024 for £162,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 47 sales since 1995.
CV4 8LN has seen 3 sales in the last three years and no sales in the last twelve months.
CV4 8LN is the 385th largest and the 169th most expensive postcode out of the 631 postcodes in the CV4 area.
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The closest station to CV4 8LN is Tile Hill station which is 100 metres away.
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