Housing Market Analysis for PAYNES LANE, CV1 5LJ

Are you looking to understand CV1 5LJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Coventry postcode.

For the location information and nearby amenities in the CV1 5LJ area, explore the CV1 5LJ Area information page.
For comprehensive crime statistics in the CV1 5LJ area, explore the CV1 5LJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CV1 5LJ postcode area, The average prices are as follows,

Terraced
- The average price is around £102,146 median price is £76,500 Standard Deviation is £85,763 with Total Sold: 36
- The Last 5 Year average price is £281,917 with Total Sold: 4
- The most recent sale happened at this postcode is 100 PAYNES LANE: £220,000 (Sold on 20 Jul 2023)
- The first recorded sale happened at this postcode is 120 PAYNES LANE: £14,500 (Sold on 17 May 1996)
Flat
- The average price is around £66,842 median price is £67,950 Standard Deviation is £27,259 with Total Sold: 31
- The Last 5 Year average price is £99,071 with Total Sold: 7
- The most recent sale happened at this postcode is 72 PAYNES LANE: £82,000 (Sold on 09 Mar 2023)
- The first recorded sale happened at this postcode is 56 PAYNES LANE: £100,000 (Sold on 01 Dec 2023)
Other
- The average price is around £560,000 median price is £560,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 88 PAYNES LANE: £560,000 (Sold on 16 Nov 2017)
- The first recorded sale happened at this postcode is 88 PAYNES LANE: £560,000 (Sold on 16 Nov 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average CV1 5LJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£220,000	£1,789	1
2021	£172,500	£1,681	1
2019	£367,584	£3,883	2
2018	£160,000	£2,336	2
2017	£80,000	£1,905	1
2016	£125,000	£1,214	1
2014	£102,500	£1,640	1
2011	£80,650	£1,291	1
2010	£170,000	£661	1
2009	£112,000	£1,195	1
2008	£150,000	£1,220	1
2007	£120,000	£945	1
2006	£87,975	£960	2
2005	£75,175	£881	4
2004	£66,000	£944	2
2003	£63,362	£641	4
2002	£52,467	£457	3
2001	£46,000	£395	2
2000	£66,450	£259	1
1999	£31,500	£225	1
1996	£26,667	£174	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£94,125	£2,068	4
2022	£105,000	£1,944	1
2021	£92,000	£2,300	1
2018	£85,000	£2,024	1
2017	£90,000	£2,064	3
2016	£80,000		1
2014	£65,000	£1,548	1
2010	£72,000		1
2009	£63,250	£1,323	2
2007	£70,500	£1,580	2
2006	£69,500	£1,738	1
2005	£62,983	£1,470	3
2003	£49,750	£1,036	1
2002	£37,750	£895	2
2000	£27,150	£615	3
1998	£25,475	£533	2
1996	£23,000	£479	1
2020	£120,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£560,000		1

All the Sales in the PAYNES LANE, CV1 5LJ

See the table below for more details on the sold house prices in the CV1 5LJ, Coventry postcode.

Address	Sold Date	Price	% Change
100 PAYNES LANETerraced, FreeholdArea: 123 Sq.mtrAge: 1900-1929	20 Jul 2023	£220,000	46.67%
	05 Sep 2008	£150,000	87.50%
	30 Jan 2004	£80,000	First Sale
72 PAYNES LANEFlat, LeaseholdArea: 40 Sq.mtrAge: 1991-1995	09 Mar 2023	£82,000	0.0
72 PAYNES LANEFlat, LeaseholdArea: 40 Sq.mtrAge: 1991-1995	09 Mar 2023	£82,000	First Sale
54 PAYNES LANEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-1990	18 Nov 2022	£105,000	First Sale
120 PAYNES LANETerraced, FreeholdArea: 102.62 Sq.mtrAge: 1900-1929	11 Nov 2021	£172,500	187.74%
	30 Jul 2002	£59,950	313.45%
	17 May 1996	£14,500	First Sale
68 PAYNES LANEFlat, LeaseholdArea: 40 Sq.mtrAge: 1976-1982	02 Mar 2021	£92,000	32.37%
	15 Mar 2006	£69,500	2.28%
	27 May 2005	£67,950	First Sale
124 PAYNES LANETerraced, FreeholdArea: 73 Sq.mtrAge: before 1900	14 Nov 2019	£500,169	156.50%
	03 Oct 2018	£195,000	First Sale
130 PAYNES LANETerraced, FreeholdArea: 257 Sq.mtrAge: 1900-1929	01 Nov 2019	£235,000	38.24%
	30 Apr 2010	£170,000	155.83%
	24 Feb 2000	£66,450	20.82%
	20 Dec 1996	£55,000	First Sale
116 PAYNES LANETerraced, FreeholdArea: 62.49 Sq.mtrAge: 1900-1929	27 Apr 2018	£125,000	21.95%
	28 Nov 2014	£102,500	27.09%
	14 Jul 2011	£80,650	668.10%
	21 May 1996	£10,500	First Sale
62 PAYNES LANEFlat, LeaseholdArea: 42 Sq.mtrAge: 1996-2002	26 Jan 2018	£85,000	33.86%
	24 Mar 2005	£63,500	154.51%
	23 Oct 1998	£24,950	First Sale
88 PAYNES LANEOther, Freehold	16 Nov 2017	£560,000	First Sale
56 PAYNES LANEFlat, LeaseholdArea: 47 Sq.mtrAge: 1983-1990	23 Jun 2017	£93,000	251.61%
	11 Jul 2000	£26,450	-73.55%
	01 Dec 2023	£100,000	First Sale
66 PAYNES LANEFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-1990	09 Jun 2017	£88,000	35.38%
	14 Aug 2014	£65,000	-12.75%
	02 Feb 2007	£74,500	71.26%
	11 Oct 2002	£43,500	55.36%
	26 May 2000	£28,000	First Sale
58 PAYNES LANETerraced, LeaseholdArea: 42 Sq.mtrAge: 1996-2002	04 May 2017	£80,000	53.85%
	27 Jan 2004	£52,000	First Sale
48 PAYNES LANEFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-1990	20 Apr 2017	£89,000	44.72%
48 PAYNES LANEFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-1990	31 Mar 2009	£61,500	First Sale
122 PAYNES LANETerraced, FreeholdArea: 103 Sq.mtrAge: 1900-1929	27 Jun 2016	£125,000	62.34%
	08 Apr 2005	£77,000	First Sale
74 PAYNES LANEFlat, Leasehold	05 Feb 2016	£80,000	11.11%
74 PAYNES LANEFlat, Leasehold	29 Jan 2010	£72,000	First Sale
98 PAYNES LANETerraced, FreeholdArea: 93.7 Sq.mtrAge: 1900-1929	25 Mar 2009	£112,000	89.83%
	14 Jan 2003	£59,000	First Sale
64 PAYNES LANEFlat, LeaseholdArea: 55 Sq.mtrAge: 1983-1990	24 Feb 2009	£65,000	150.00%
	19 Jan 1998	£26,000	-78.33%
	18 Aug 2020	£120,000	First Sale
92 PAYNES LANETerraced, FreeholdArea: 127 Sq.mtrAge: 1900-1929	03 Sep 2007	£120,000	93.55%
	14 Mar 2003	£62,000	24.00%
	16 Nov 2001	£50,000	First Sale
50 PAYNES LANEFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	09 Mar 2007	£66,500	33.67%
50 PAYNES LANEFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	28 May 2003	£49,750	First Sale
96 PAYNES LANETerraced, FreeholdArea: 140 Sq.mtrAge: before 1900	14 Jul 2006	£99,950	33.36%
	11 Apr 2003	£74,950	42.76%
	17 Jun 2002	£52,500	66.67%
	18 Mar 1999	£31,500	First Sale
112 PAYNES LANETerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	07 Apr 2006	£76,000	7.04%
	01 Jul 2005	£71,000	23.48%
	15 Aug 2003	£57,500	First Sale
102 PAYNES LANETerraced, FreeholdArea: 127 Sq.mtrAge: 1900-1929	07 Dec 2005	£95,000	First Sale
70 PAYNES LANEFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-1990	04 May 2005	£57,500	150.00%
70 PAYNES LANEFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-1990	17 May 1996	£23,000	First Sale
118 PAYNES LANETerraced, FreeholdArea: 64 Sq.mtrAge: before 1900	29 Apr 2005	£57,700	First Sale
76 PAYNES LANEFlat, LeaseholdArea: 42.39 Sq.mtrAge: 1983-1990	11 Jul 2002	£32,000	First Sale
94 PAYNES LANETerraced, FreeholdArea: 109 Sq.mtrAge: before 1900	02 Jan 2002	£44,950	First Sale
106 PAYNES LANETerraced, FreeholdArea: 106.2 Sq.mtrAge: 1900-1929	28 Sep 2001	£42,000	First Sale
52 PAYNES LANEFlat, Leasehold	19 May 2000	£27,000	First Sale
60 PAYNES LANEFlat, LeaseholdArea: 55 Sq.mtrAge: 1983-1990	20 Apr 2023	£112,500	First Sale

Check out the sold house prices near the CV1 5LJ postcode. Properties currently for saleProperties currently for rent

PAYNES LANE, CV1 5LJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CV1 5LJ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CV1 5LJ postcode.

Terraced
- The average price is around £86,831 median price is £78,500 Standard Deviation is £58,390 with Total Sold: 3,644
- The Last 5 Year average price is £165,377 with Total Sold: 541
- The most recent sale happened at this postcode is , 15 VECQUERAY STREET: £175,000 (Sold on 27 Sep 2024)
- The first recorded sale happened at this postcode is , 13 AUGUSTUS ROAD: £18,000 (Sold on 05 Jan 1995)
Semi-Detached
- The average price is around £115,484 median price is £107,250 Standard Deviation is £71,207 with Total Sold: 170
- The Last 5 Year average price is £203,414 with Total Sold: 29
- The most recent sale happened at this postcode is , 10 BOTONER ROAD: £235,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 5 GRAFTON STREET: £38,000 (Sold on 26 May 1995)
Flat
- The average price is around £103,132 median price is £105,159 Standard Deviation is £29,731 with Total Sold: 632
- The Last 5 Year average price is £115,394 with Total Sold: 85
- The most recent sale happened at this postcode is , 113 SWAN LANE: £105,000 (Sold on 09 Apr 2024)
- The first recorded sale happened at this postcode is , 7 LANSDOWNE STREET: £35,000 (Sold on 27 Feb 1995)
Other
- The average price is around £467,643 median price is £225,000 Standard Deviation is £546,830 with Total Sold: 52
- The Last 5 Year average price is £491,510 with Total Sold: 30
- The most recent sale happened at this postcode is , 14 RANBY ROAD: £130,000 (Sold on 10 Nov 2023)
- The first recorded sale happened at this postcode is , 10 BINLEY ROAD: £50,000 (Sold on 31 Mar 1999)
Detached
- The average price is around £160,773 median price is £162,500 Standard Deviation is £92,523 with Total Sold: 23
- The Last 5 Year average price is £228,071 with Total Sold: 7
- The most recent sale happened at this postcode is , 114 KINGSWAY: £280,000 (Sold on 06 Jan 2023)
- The first recorded sale happened at this postcode is , 20 GRANTHAM STREET: £19,000 (Sold on 01 Nov 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£182,155		29
2023	£179,431	£2,106	88
2022	£188,818	£2,297	111
2021	£158,080	£2,066	113
2020	£137,149	£1,814	88
2019	£156,298	£1,868	112
2018	£156,103	£2,010	89
2017	£139,220	£1,801	76
2016	£135,090	£1,621	118
2015	£120,634	£1,460	100
2014	£105,774	£1,319	88
2013	£93,283	£1,208	45
2012	£84,594	£1,111	51
2011	£87,054	£1,118	63
2010	£87,821	£1,123	74
2009	£86,694	£1,105	70
2008	£110,689	£1,320	96
2007	£110,073	£1,389	179
2006	£104,960	£1,322	210
2005	£88,965	£1,180	156
2004	£82,617	£1,103	178
2003	£65,599	£876	196
2002	£51,617	£664	234
2001	£39,884	£499	208
2000	£32,701	£429	178
1999	£29,298	£361	161
1998	£27,459	£351	159
1997	£26,286	£336	123
1996	£24,247	£303	148
1995	£26,021	£322	103

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£235,000		1
2023	£219,667	£1,846	6
2022	£199,167	£2,338	6
2021	£220,000	£1,976	6
2020	£249,167	£1,904	3
2019	£154,786	£1,625	7
2018	£158,000	£2,028	1
2016	£121,833	£1,753	3
2015	£146,962	£1,706	8
2014	£121,767	£1,575	9
2013	£112,650	£1,334	3
2012	£124,000	£1,171	5
2011	£130,667	£1,353	3
2010	£120,200	£1,128	5
2009	£73,000	£888	1
2008	£129,667	£1,475	6
2007	£147,124	£1,525	8
2006	£145,894	£1,523	18
2005	£110,611	£1,165	9
2004	£81,782	£1,136	7
2003	£87,411	£921	9
2002	£55,989	£823	9
2000	£35,750	£413	8
1999	£37,825	£428	8
1998	£42,145	£430	5
1997	£39,000	£393	4
1996	£45,250	£370	7
1995	£40,500	£321	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,333	£2,430	3
2023	£112,167	£2,113	12
2022	£119,250	£2,334	18
2021	£112,727	£2,170	22
2020	£116,833	£2,048	12
2019	£116,500	£2,257	18
2018	£113,735	£2,251	24
2017	£119,915	£2,257	39
2016	£109,467	£2,007	48
2015	£93,376	£1,868	17
2014	£95,575	£1,889	20
2013	£81,188	£1,458	8
2012	£79,500	£1,527	6
2011	£81,857	£1,567	7
2010	£91,878	£1,657	46
2009	£83,034	£1,559	19
2008	£98,827	£1,854	57
2007	£126,595	£2,392	119
2006	£109,412	£2,133	31
2005	£95,934	£1,988	64
2004	£67,175	£1,404	4
2003	£46,821	£1,160	7
2002	£35,958	£986	6
2001	£33,036	£761	7
2000	£24,642	£549	6
1999	£22,750	£382	2
1998	£27,150	£540	3
1997	£25,750	£566	2
1996	£21,333	£582	3
1995	£22,125	£686	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£303,575	£9,076	5
2022	£199,000	£1,954	7
2021	£278,778	£2,138	9
2020	£896,000		5
2019	£1,211,358	£16,912	4
2018	£415,000		2
2017	£300,938	£1,520	8
2016	£513,361	£8,315	9
2015	£1,244,380		1
2014	£420,000		1
1999	£50,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£280,000	£2,676	1
2022	£234,500	£2,682	2
2021	£211,875	£2,334	4
2016	£125,000	£1,069	1
2009	£87,000	£1,318	1
2008	£230,000	£1,679	1
2007	£177,131	£1,206	4
2006	£219,165	£1,949	3
2003	£120,000		1
2002	£60,000		1
2001	£18,750		1
1999	£28,500	£432	1
1996	£33,000	£288	2

House Type in CV1 5LJ area

The most common house types in the CV1 5LJ postcode area are Terraced (65), Flat (26), and Shared house (26).

Total	139
Terraced	65
Flat	26
Shared house	26
Detached	15
Semi-detached	7
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (82), and Social rented: Other social rented (24).

Private rented: Private landlord or letting agency	82
Social rented: Other social rented	24
Owned: Owns outright	13
Owned: Owns with a mortgage or loan	12
Social rented: Rents from council or Local Authority	8
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CV1 5LJ have 1 person in household (57), and 2 people in household (32).

1 person in household	57
2 people in household	32
4 people in household	20
3 people in household	16
5 people in household	9
6 people in household	4
7 people in household	2
0 people in household	0
8 or more people in household	0