Housing trends in Coventry

Housing Tenure - Percentage (%) by tenure in Coventry

• Owner-Occupied 61%
• Private rented 22%
• Social Rent 17%

Renting private sector housing - Average private sector rent levels

• All property types - average rent of £669 per month (March 2020)
• Average rent for a two-bedroom property is £678 
• Average rent for a three bedroom house is £766

Coventry Homefinder (Social Housing)

• The number of households registered on Coventry Homefinder is between 13,500 and 14,000.
• Around 3,500 of these households are in Bands 1A to 2C (with assessed housing needs under the Homefinder Policy).
• 1,342 properties were advertised on Homefinder in the year from April 2019 to March 2020.
• 589 (44%) were studio or one bedroom properties suitable for single people or couples.
• Only 242 properties advertised (18%) were three bedroom properties.
• The average number of bids per property (all property types) was 191.
• The average number of bids for a three bedroom property was 284.
• The areas of Coventry where most social housing became available were Willenhall, Tile Hill North and Hillfields.

Local Housing Allowance (LHA) - Housing benefit that can be claimed by people renting in the private rented sector

• Room in a shared accommodation - weekly rate - £77.50. The monthly equivalent is £336.76
• One bedroom accommodation - weekly rate - £112.77. The monthly equivalent is £490
• Two bedroom accommodation - weekly rate - £132.33. The monthly equivalent is £575
• Three bedroom accommodation - weekly rate - £155.34. The monthly equivalent is £675
• Four bedroom accommodation - weekly rate - £201.37 The monthly equivalent is £875

These figures are correct for the year from April 2020 - check our LHA page for the latest information.