Cov street with the most mil­lion pound homes

Warwickshire Telegraph - - NEWS - By DAVID OTTEWELL & KATY HAL­LAM

COVEN­TRY’S mil­lion­aire’s row has been re­vealed.

Those liv­ing in leafy Ke­nil­worth Road can get out of bed happy this morn­ing - be­cause more houses there have been sold for a mil­lion pounds or more than any­where else in the city.

Five houses in the street, which bor­ders the beau­ti­ful War Me­mo­rial Park, have changed hands for a seven-fig­ure sum since Novem­ber 2008.

But an av­er­age house in Coven­try would set you back just £184,690, ac­cord­ing to Land Registry fig­ures.

De­spite the im­pres­sive sales, Coven­try lags be­hind War­wick­shire.

Ex­clu­sive anal­y­sis of prop­erty data shows that a whop­ping 209 homes have sold for more than a mil­lion pounds in Strat­ford since Novem­ber 2008, and 149 in War­wick.

That com­pares to just nine in Coven­try.

The mil­lion­aire’s row crown for the area goes to Tid­ding­ton Road in Strat­ford, where an im­pres­sive 13 homes have changed hands for a mil­lion pounds or more over the last decade.

One home in the street, in the east of the his­toric town, sold for a mas­sive £3,000,000 in July 2014.

Another three prop­er­ties there have been snapped up for more than a mil­lion so far this year.

Other roads with a good claim to be mil­lion­aires’ rows in War­wick­shire and Coven­try in­clude Northum­ber­land Road, in Leam­ing­ton Spa.

It has seen 12 sales of a mil­lion pounds or more over the past decade.

They in­cluded one pur­chase of £1,550,000.

Ches­setts Wood Road in Soli­hull has seen 10, as have nearby Ris­ing Lane and Bates Lane.

The area with the least sales of mil­lion pound­plus houses was Nuneaton and Bed­worth.

Only two homes there have reached a sev­en­fig­ure sale price in the last decade.

Here’s how the other ar­eas com­pare: Strat­ford - 209

War­wick - 149

Rugby - 14

Coven­try - 9

North War­wick­shire - 7 Nuneaton and Bed­worth - 2

More than 120,000 seven-fig­ure prop­erty trans­ac­tions across Eng­land and Wales since Novem­ber 2008 were com­pared to get the fig­ures. House prices in Coven­try have risen by more than 60 per cent in just the last three years.

Coven­try is now the top univer­sity city in the coun­try for house price growth, with av­er­age prop­erty prices ris­ing by al­most two-thirds since 2015.

Three years ago, an av­er­age prop­erty in Coven­try would have set buy­ers back £114,625, but that same home to­day would be worth £184,690.

That’s a mas­sive in­crease of £70,065 in three years - more than twice of what the av­er­age na­tional in­crease.

The re­search comes from on­line es­tate agents Hous­es­im­, who re­vealed that prop­erty prices have in­creased by 61 per cent be­tween June 2015 and June 2018, ac­cord­ing to Land Registry fig­ures.

War­wick­shire’s to­tal of 365 might sound like a lot - un­til you dis­cover there have been 12,375 mil­lion pound-plus sales in just one Lon­don bor­ough (the City of West­min­ster).

There have been 11,470 in Kens­ing­ton and Chelsea, and 7,233 in Wandsworth. The na­tion’s mil­lion­aires’ row is, ar­guably, Queen­stown Road in Bat­tersea.

The road has seen 247 home sales of a mil­lion pounds or more since 2008 - more than in the whole of Birm­ing­ham.

Lon­don ac­counts for 76,675 of the 120,658 deals in which a house or flat has changed hands for more than a mil­lion pounds in the last 10 years. A fur­ther 9,850 were in Sur­rey.

To put that in per­spec­tive, there were 801 in the whole of Greater Manch­ester, 413 in the whole of the West Mid­lands and 130 in Wales.

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