The average property value in Warwick is £389,396 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 Warwick grew by £27,233. Compare house prices by area
Average property prices in Warwick grew by 7.5% 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 Warwick continue to rise by 4.6% a year, the average property price will be £466,936 in 2025.
There were 2,295 property sales in Warwick in the year ending June 2021, an increase of 258 when compared to the previous year.
The average price for a house in Warwick ranges from £328,372 for a terraced house to £565,457 for a detached house, with semi-detached in between costing on average £349,918.
The average price for a flat or maisonette in Warwick is £237,531.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Warwick, flat prices have risen the most between the years ending 2011 and 2021, and detached house prices have grown the least.
Detached house prices have risen 46.0% from £387,283 to £565,457, semi-detached house prices have risen 55.8% from £224,656 to £349,918, terraced house prices have risen 48.2% from £221,609 to £328,372, and flat prices have risen 59.0% from £149,395 to £237,531.
The most common type of property sold in Warwick during the year ending June 2021 was semi-detached houses, which accounted for 32.3% of properties.
The least commonly available type of property sold in Warwick were flats, which account for 13.2% of properties sold.
Of the properties sold in Warwick during 2021, 2.5% were new build properties.
The average price paid for a new build property in Warwick was £103,250 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (65% of new build properties sold). For existing properties, the most common type is semi-detached houses (31% of existing properties sold).
The most common price band for property sales in Warwick is £200k - £300k, which accounted for 22.3% of properties sold in 2021.
1.3% of properties in Warwick 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 Warwick were in the £50k - £100k price bracket, accounting for 0.4% 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