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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
CV5 9PZHouse Prices / West Midlands, Coventry, Watermill Lane
Last updated May 2026
Key Postcode Insights
CV5 9PZ is a residential postcode situated on Watermill Lane, Allesley, Coventry, CV5 with 9 addresses.
It ranks as the 122nd largest and 751st most expensive of the 859 postcodes in the CV5 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
Key Postcode Insights
CV5 9PZ is a residential postcode situated on Watermill Lane, Allesley, Coventry, CV5 with 9 addresses.
It ranks as the 122nd largest and 751st most expensive of the 859 postcodes in the CV5 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
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House Pricesin CV5 9PZ
Sale prices range from £357,457 for 3 bedroom freehold houses with a garden (882 ft2) to £504,208 for 4 bedroom freehold houses with a garden (1,646 ft2) .
Monthly rental prices range from £1,373 pcm for 3 bed houses to £1,675 pcm for 4 bed houses.
The gross rental yield is between 4.0% and 4.6%.
The average value per square foot is £346.
Average Sale Value
£420,466
Average Rental Value
£1,461 pcm
Average Rental Yield
4.2% /year
Average Value Per Sqft
£346 /ft2
Sales Market Trendsin CV5 9PZ
The last sale in CV5 9PZ sold for £405,000 on 29th August 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £420,466.
The CV5 9PZ Sales Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £420,466 |
| April 2025 | 0.7% | £425,016 |
| April 2024 | -0.9% | £422,022 |
| April 2023 | 4% | £425,710 |
| April 2022 | 5.9% | £409,207 |
| April 2021 | 6.8% | £386,548 |
| April 2020 | 0.4% | £361,851 |
| April 2019 | 2.5% | £360,243 |
| April 2018 | 7.3% | £351,536 |
| April 2017 | 5.2% | £327,727 |
| April 2016 | 7.2% | £311,656 |
| April 2015 | 3.8% | £290,606 |
| April 2014 | 6.8% | £279,919 |
| April 2013 | 5.1% | £262,064 |
| April 2012 | 2.6% | £249,312 |
| April 2011 | -0.5% | £242,933 |
| April 2010 | 3.1% | £244,116 |
| April 2009 | -7.9% | £236,747 |
| April 2008 | -0.7% | £256,931 |
| April 2007 | 0% | £258,727 |
Rental Market Trendsin CV5 9PZ
The current average rental value in the postcode is £1,461.
The CV5 9PZ Rental Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,461pcm |
| April 2025 | 0.5% | £1,440pcm |
| April 2024 | 7.6% | £1,432pcm |
| April 2023 | 10.9% | £1,330pcm |
| April 2022 | 10.9% | £1,199pcm |
| April 2021 | 2.9% | £1,081pcm |
| April 2020 | 1.2% | £1,050pcm |
| April 2019 | 0.4% | £1,038pcm |
| April 2018 | 2.9% | £1,034pcm |
| April 2017 | 1.8% | £1,005pcm |
| April 2016 | 7.7% | £987pcm |
| April 2015 | 5.9% | £916pcm |
| April 2014 | 2.5% | £866pcm |
| April 2013 | 3.4% | £844pcm |
| April 2012 | 1.7% | £816pcm |
| April 2011 | 4.2% | £803pcm |
| April 2010 | 3.8% | £771pcm |
| April 2009 | -5.6% | £742pcm |
| April 2008 | 1.1% | £787pcm |
| April 2007 | 0% | £778pcm |
Explore Propertiesin CV5 9PZ, Watermill Lane, Allesley, Coventry, CV5
- 1, Watermill Lane, Coventry, CV5 9PZ3 bed modern house
- 2, Watermill Lane, Coventry, CV5 9PZ3 bed modern house
- 3, Watermill Lane, Coventry, CV5 9PZ4 bed modern house
- 4, Watermill Lane, Coventry, CV5 9PZ3 bed modern house
- 5, Watermill Lane, Coventry, CV5 9PZ4 bed modern house
- 6, Watermill Lane, Coventry, CV5 9PZ4 bed modern house
- 7, Watermill Lane, Coventry, CV5 9PZ4 bed modern house
- 8, Watermill Lane, Coventry, CV5 9PZ4 bed modern house
- 10, Watermill Lane, Coventry, CV5 9PZ3 bed modern house
Sales Historyin CV5 9PZ
The last sale was on 29th August 2025 for £405,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 9 sales since 1995.
CV5 9PZ has seen 9 sales in the last three years and 2 sales in the last twelve months.
Sold Aug 2025£405,000 | 4 Bed HouseWatermill Lane6, Watermill Lane, Coventry, CV5 9PZ
Sold Jun 2025£560,000 | 4 Bed HouseWatermill Lane7, Watermill Lane, Coventry, CV5 9PZ
Sold Mar 2025£435,000 | 4 Bed HouseWatermill Lane3, Watermill Lane, Coventry, CV5 9PZ
Sold Mar 2025£518,000 | 4 Bed HouseWatermill Lane5, Watermill Lane, Coventry, CV5 9PZ
Sold Mar 2025£350,000 | 3 Bed HouseWatermill Lane1, Watermill Lane, Coventry, CV5 9PZ
Sold Dec 2024£370,000 | 3 Bed HouseWatermill Lane4, Watermill Lane, Coventry, CV5 9PZ
Sold Dec 2024£435,000 | 4 Bed HouseWatermill Lane8, Watermill Lane, Coventry, CV5 9PZ
Sold Dec 2024£370,000 | 3 Bed HouseWatermill Lane10, Watermill Lane, Coventry, CV5 9PZ
Sold Nov 2024£390,000 | 3 Bed HouseWatermill Lane2, Watermill Lane, Coventry, CV5 9PZ
Nearby Postcodesto CV5 9PZ
CV5 9PZ is the 122nd largest and the 751st most expensive postcode out of the 859 postcodes in the CV5 area.
- 74 mCV5 7DE, Upper Eastern Green Lane, Coventry, CV5CV5 7DE36 Addresses
- 80 mCV5 9PY, Hollyberry Way, Allesley, Coventry, CV5CV5 9PY46 Addresses
- 117 mCV5 7DA, Upper Eastern Green Lane, Coventry, CV5CV5 7DA32 Addresses
- 119 mCV5 7DD, Upper Eastern Green Lane, Coventry, CV5CV5 7DD21 Addresses
- 153 mCV5 7BZ, Mellowship Road, Coventry, CV5CV5 7BZ24 Addresses
- 178 mCV5 7DX, Pickford Green Lane, Coventry, CV5CV5 7DX1 Addresses
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Property Typesin CV5 9PZ
- 9 modern houses built after 1980
- modern house (9)
Energy Efficiencyof properties in CV5 9PZ
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (9)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Watermill Lane
Schools Nearbyto CV5 9PZ
The nearest primary school to CV5 9PZ is Eastern Green Junior School which is 242 metres away.
- 242mEastern Green Junior School
- 393mSt Andrew's Church of England Infant School
- 1.5kmPark Hill Primary School
The nearest secondary school is West Coventry Academy which is 1.8 kilometres away.
- 1.8kmWest Coventry Academy
- 2.9kmFinham Park 2
- 3.7kmCoundon Court
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Public Transport Nearbyto CV5 9PZ
The closest station to CV5 9PZ is Tile Hill station which is 2.8 kilometres away.
- 2.8kmTile Hill
- 4.0kmCanley
- 4.2kmBerkswell
- 6.0kmCoventry
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