Housing trends in Coventry

Housing Tenure - Percentage (%) by tenure in Coventry

  • Owner-Occupied 57%
  • Private rented 25%
  • Social Rent 18%

Renting private sector housing - Average private sector rent levels

  • All property types - £520 per calendar month in 2013
  • All property types - £645 per calendar month in 2018 - This is a rise of 24%
  • Average rent for a three bedroom house is £740 - As at March 2018

Coventry Homefinder (Social Housing)

  • Number of households registered on Coventry Homefinder - 14,000 households
  • Number of properties advertised on Coventry Homefinder between April 2017 to March 2018 - 1,551
  • Highest property type advertised on Coventry Homefinder between April 2017 to March 2018 - 811 (52%) were studio or one bedroom properties suitable for single people or couples
  • Only 165 of properties advertised (11%) were three bedroom properties 
  • The average number of bids per property (all property types) was 166
  • The average number of bids for a three bedroom property was 313
  • The areas of Coventry where most social housing became available was Willenhall, Tile Hill North and Foleshill

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 - £67.62. The monthly equivalent is £293.02
  • One bedroom accommodation - weekly rate - £92.05. The monthly equivalent is £398.88
  • Two bedroom accommodation - weekly rate - £111.48. The monthly equivalent is £483.08
  • Three bedroom accommodation - weekly rate - £128.19. The monthly equivalent is £555.49
  • Four bedroom accommodation - weekly rate - £170.67 The monthly equivalent is £739.57

 

Housing trends in Coventry

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