Cherry Tree Drive - CV4 8LY
Key Postcode Insights
CV4 8LY is a residential postcode situated on Cherry Tree Drive, Coventry, CV4 with 6 addresses.
It ranks as the 89th largest and 394th most expensive of the 631 postcodes in the CV4 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £265,478
- 10 Year change
- up 39.1%
- Ave. Rental Price
- £1,290pcm
- 10 Year change
- up 63.1%
- Ave. £ per ft²
- £314/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
CV4 8LY is a residential postcode situated on Cherry Tree Drive, Coventry, CV4 with 6 addresses.
It ranks as the 89th largest and 394th most expensive of the 631 postcodes in the CV4 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £265,478
- 10 Year change
- up 39.1%
- Ave. Rental Price
- £1,290pcm
- 10 Year change
- up 63.1%
- Ave. £ per ft²
- £314/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin CV4 8LY
- 161 Cherry Tree Drive
3 Bed Modern House
- 163 Cherry Tree Drive
3 Bed Modern House
- 165 Cherry Tree Drive
3 Bed Modern House
- 167 Cherry Tree Drive
3 Bed Modern House
- 169 Cherry Tree Drive
3 Bed Modern House
Sales Market Trends
The last sale in CV4 8LY sold for £260,000 on 6th December 2022. Since then prices are down an average of 0.5%.
The current average value in the postcode is £265,478.
The CV4 8LY Sales Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £265,478 |
| June 2025 | 1.2% | £264,715 |
| June 2024 | -0.6% | £261,483 |
| June 2023 | -0.4% | £262,997 |
| June 2022 | 11.2% | £263,921 |
| June 2021 | 5.4% | £237,267 |
| June 2020 | 1.1% | £225,107 |
| June 2019 | 2.5% | £222,635 |
| June 2018 | 4.6% | £217,274 |
| June 2017 | 8.8% | £207,692 |
| June 2016 | 9.1% | £190,915 |
| June 2015 | 10.8% | £174,970 |
| June 2014 | 4.3% | £157,968 |
| June 2013 | 2.3% | £151,495 |
| June 2012 | 1.3% | £148,042 |
| June 2011 | -2.6% | £146,188 |
| June 2010 | 3.4% | £150,048 |
| June 2009 | -9.7% | £145,136 |
| June 2008 | -2.1% | £160,641 |
| June 2007 | 0% | £164,031 |
Rental Market Trends
The current average rental value in the postcode is £1,290.
The CV4 8LY Rental Market has increased by 63.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,290pcm |
| June 2025 | 2% | £1,244pcm |
| June 2024 | 6.2% | £1,219pcm |
| June 2023 | 10.4% | £1,148pcm |
| June 2022 | 13.7% | £1,041pcm |
| June 2021 | 6.1% | £915pcm |
| June 2020 | -0.3% | £863pcm |
| June 2019 | 0.5% | £865pcm |
| June 2018 | 4.3% | £861pcm |
| June 2017 | 4.3% | £825pcm |
| June 2016 | 8.7% | £791pcm |
| June 2015 | 6.7% | £728pcm |
| June 2014 | 4.4% | £682pcm |
| June 2013 | 1.3% | £653pcm |
| June 2012 | 2.3% | £645pcm |
| June 2011 | 3.1% | £630pcm |
| June 2010 | 4.2% | £611pcm |
| June 2009 | -6.9% | £586pcm |
| June 2008 | 1.6% | £630pcm |
| June 2007 | 0% | £620pcm |
Sales History
The last sale was on 6th December 2022 for £260,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 9 sales since 1995.
CV4 8LY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2022£260,000 | 3 Bed House169, Cherry Tree Drive, Coventry, CV4 8LY169, Cherry Tree Drive, Coventry, CV4 8LY
- Sold Sep 2021£225,000 | 3 Bed House163, Cherry Tree Drive, Coventry, CV4 8LY163, Cherry Tree Drive, Coventry, CV4 8LY
- Sold Apr 2021£225,000 | 3 Bed House161, Cherry Tree Drive, Coventry, CV4 8LY161, Cherry Tree Drive, Coventry, CV4 8LY
- Sold Apr 2015£189,995 | 3 Bed House165, Cherry Tree Drive, Coventry, CV4 8LY165, Cherry Tree Drive, Coventry, CV4 8LY
- Sold Apr 2015£177,995 | 3 Bed House163, Cherry Tree Drive, Coventry, CV4 8LY163, Cherry Tree Drive, Coventry, CV4 8LY
Nearby Postcodes
CV4 8LY is the 89th largest and the 394th most expensive postcode out of the 631 postcodes in the CV4 area.
- CV4 8LS, Salix Close, Coventry, CV4CV4 8LS12 Addresses|45 m away
- CV4 8LL, Downy Birch, Coventry, CV4CV4 8LL8 Addresses|81 m away
- CV4 8NA, Apple Way, Coventry, CV4CV4 8NA12 Addresses|82 m away
- CV4 8LP, Silver Birch Avenue, Coventry, CV4CV4 8LP25 Addresses|83 m away
- CV4 8LT, Maplin Close, Coventry, CV4CV4 8LT11 Addresses|112 m away
Property Types
- 6 modern houses built after 1980
- modern house (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (5)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2016£484,900 | 3 Bed House56, Cherry Tree Drive, Coventry, CV4 8LZ56, Cherry Tree Drive, Coventry, CV4 8LZ
- Sold Dec 2016£468,725 | 3 Bed House51, Cherry Tree Drive, Coventry, CV4 8LW51, Cherry Tree Drive, Coventry, CV4 8LW
- Sold Sep 2023£315,000 | 4 Bed House30, Cherry Tree Drive, Coventry, CV4 8LZ30, Cherry Tree Drive, Coventry, CV4 8LZ
Schools Nearby
- Charter Academy800 m away
- Templars Primary School1.2 km away
- Cannon Park Primary School1.6 km away
- The Westwood Academy1.1 km away
- WMG Academy for Young Engineers1.1 km away
- Finham Park 21.1 km away
More reading links
Public Transport Nearby
The closest station to CV4 8LY is Canley station, which is 700 metres away.
- Canley|700 m away
- Tile Hill|2.7 km away
- Coventry|3.0 km away
- Berkswell|5.9 km away
