CV35 (Wellesbourne) area guide
The CV35 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ashorne, Barford, Beausale, Brailes, Budbrooke, Burton Dassett, Butlers Marston, Chadshunt, Charlecote, Claverdon, Combrook, Compton Verney, Compton Wynyates, Ettington, Gaydon, Grove Park, Guys Cliffe, Hampton Lucy, Hampton Magna, Hampton On The Hill, Hampton-On-The-Hill, Harbury, Haseley, Haseley Knob, Hatton, Hatton Park, Hill Wootton, Kineton, Lapworth, Leek Wootton, Lighthorne, Little Kineton, Little Shrewley, Littleworth, Lower Fulbrook, Lower Norton, Lower Tysoe, Loxley, Moreton Morrell, Newbold Pacey, Norton Lindsey, Oxhill, Pillerton Hersey, Pillerton Priors, Radway, Rowington, Sherbourne, Shrewley, Snitterfield, Tysoe, Upper Tysoe, Vale of the Red Horse, Walton, Warwick, Warwick North, Warwick West, Warwickshire, Wasperton, Wedgnock, Wellesbourne, Wroxall, Yarningale Common.
A Mouseprice property guide for CV35 Wellesbourne is coming soon. In the meantime, please have a look at the raw data and statistics about CV35 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
The size of the property market in CV35 is 10027 homes.
The postcode district CV35 has been experiencing annual growth of 12.4% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
Average property prices in this postcode district over the last three months have been approximately £301324.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 10.4. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.
New transactions as a percentage of overall sales are 18%.
Over half of the properties in the area are Detached Houses, at 50.8% of the total housing stock.
The least common type of property in this area is Flats (5% of the total housing stock).
This is an area with a high proportion of property suitable for families with children.
Socially rented accommodation represents 10.5% of the total rented accommodation in the area.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is higher than the national average of £187894 at £238142.
Who lives here:
The population of this postcode district is 23625.
The average age in this area is 42.
This area has a high percentage of married people at 22.1%.
Average working hours in this area for men are 44 and for women are 32.
This area is relatively rural, with only 0.9 people per square kilometre.
Job prospects in this area are good with low unemployment (1.9%). Most jobs are found in the Real Estate and Wholesale & Retail sectors.