The average property value in Rugby is £292,255 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Rugby grew by £23,149. Compare house prices by area
Average property prices in Rugby grew by 8.6% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.6% per year.
If prices in Rugby continue to rise by 4.6% a year, the average property price will be £350,464 in 2025.
There were 1,699 property sales in Rugby in the year ending June 2021, a decrease of 177 when compared to the previous year.
The average price for a house in Rugby ranges from £209,416 for a terraced house to £402,368 for a detached house, with semi-detached in between costing on average £252,483.
The average price for a flat or maisonette in Rugby is £137,410.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Rugby, terraced house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 44.1% from £279,309 to £402,368, semi-detached house prices have risen 59.7% from £158,131 to £252,483, terraced house prices have risen 66.8% from £125,539 to £209,416, and flat prices have risen 33.1% from £103,201 to £137,410.
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The most common type of property sold in Rugby during the year ending June 2021 was detached houses, which accounted for 37.7% of properties.
The least commonly available type of property sold in Rugby were flats, which account for 5.8% of properties sold.
Of the properties sold in Rugby during 2021, 6.2% were new build properties.
The average price paid for a new build property in Rugby was £29,458 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (67% of new build properties sold). For existing properties, the most common type is semi-detached houses (36% of existing properties sold).
The most common price band for property sales in Rugby is £200k - £300k, which accounted for 23.6% of properties sold in 2021.
0.1% of properties in Rugby had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Rugby were in the £50k - £100k price bracket, accounting for 0.8% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics