The 11th largest city in the UK; Coventry is a vibrant and cosmopolitan city, perfect for families, young couples and entrepreneurs alike. Home to a range of culturally enriching museums, an exciting array of shops, exquisite dining choices, and a thriving business district, Coventry is the up and coming city on the property ladder.
To help you discover more about this great city, we’ve created the ultimate property guide to Coventry; providing you with all the information you’ll need to understand what exactly makes Coventry such a key player within the UK property market.
A Brief History of Coventry
Coventry has always been a central part of Britain, and an integral addition to its culture. Originating as a small Saxon village named Coffantree, it slowly grew over the years, becoming a city of two halves in the early 12th century, with the northern sector controlled by the Prior, and the southern half controlled by the Earl. However in 1355, the Prior gave up all his rights to the city, and it became an independent city in its own right. Over the years, Coventry increased in population significantly, with numbers reaching over 6000 within the 17th century. Thanks to a growing number of citizens, Coventry was able to increase the production of its industry goods, with silk weaving booming within the 18th industry all the way until the late 19th century, when the automotive industry took over, and the first cars in England were built within the walls of Coventry. Continuing to thrive throughout the decades, Coventry excelled until the tragedy of the Blitz, where the city suffered a number of attacks throughout WWII, resulting in the destruction of a number of buildings and landmarks. However thanks to the resilience and camaraderie of the city, Coventry built itself back up and became the thriving city it's known for being today.
The Legend of Lady GodivaOne of Coventry’s most famous and popular legends is that of Lady Godiva. Married to Earl Leofric in the 13th century, the story goes that Lady Godiva begged her husband to remove the heavy taxes he was enforcing on the citizens of Coventry, to which he replied he would, but only if she rode naked through the streets on horseback without anyone looking. Never one to shy away or admit defeat, legend goes that Lady Godiva did just this, and in doing so saved the people of Coventry from poverty. In honour of Lady Godiva, the city erected a statue of this ferocious woman within the Broadgate area of Coventry, serving as a tribute to the local heroine.
Attractions in Coventry
The Coventry Cathedrals
A breathtaking sight along the Coventry skyline, the cathedrals are an integral part of Coventry's history, and lie at the very heart of the city. Destroyed in 1918 during a WWII bombing, the beautiful ruins of the cathedral remain preserved, and open to public viewing, dotted amongst the new Cathedral which exquisitely complements and pays tribute to the original cathedral.
The Coventry Transport Museum
The perfect day out for motoring enthusiasts and rookies alike. The museum boasts the largest collection of publicly owned British vehicles in the world, and captures the historic movements of the UK through history, with its hundreds of cars, motorcycles and buses all on display around the museum.
The Lower Precinct Shopping Centre
Home to a number of leading brands, restaurants and shops, the Lower Precinct is the perfect day out for those seeking some much needed retail therapy. With a huge food court, a huge array of shops to choose from, and even a kids club to drop off the children at, the Lower Precinct is the ultimate cospotalitan day out.
The War Memorial Park
A beautiful open green space filled with an abundant array of blooming flowers and arduent trees, the war memorial park opened in 1921 and pays tribute to the fallen citizens of Coventry who fought and died in the First World War. With 48.5 hectares of rolling space, the war memorial park includes tennis courts, football pictures and a huge children’s play area; making it a fun day out for all the family to enjoy.
Where to Live in Coventry
Coventry is a large town, with a number of popular local residencies to suit both families, young couples and professional business workers. Here are just some of the most popular districts in which to live within the city:
A popular residential area, Stivichall is a few miles south of the city centre and has a quiet suburban feel that makes it a popular choice for both families and first time property buyers. A quiet location with a thriving sense of community, it’s easy to see why Stivichall is such a popular choice of residency within Coventry.
Arguably the most sought after location within the city, Earlsdon lies on the edge of Coventry, and has a quaint village feel to it that makes it a popular destination with locals. Complete with old victorian styled buildings and a range of picturesque shops and restaurants, Earlsdon is a firm Coventry favourite.
Another increasingly popular residential area, Syvechale Grange has become a property hotspot over the last couple of decades. Situated within the south of the city, it's a suburban area that's incredibly popular with families. Surrounded by quiet roads, pretty houses and broken up with luscious green spaces, Syvechale Grange is a firm realtor favourite.
The ultimate urban hub of the city, Priory Place can be found within the very heart of Coventry, a modern cosmopolitan escape that has a thriving culture and social scene. Surrounded by shops, cafes and bustling bars, Priory Place is the perfect spot for young couples and entrepreneurs alike.
The Property Market in Coventry
As an increasingly popular place to live, housing and apartment prices have risen overall by 14% within Coventry over the last few years, proving just how on rise the city’s property market is. As well as an ever expanding and improving city centre, the prestigious Coventry University has also been attracting residents, with a growing number of academics from around the country moving to the city. As a result, certain residential areas within the city have gone up in cost by as much as 24% within the last year or so.
With housing prices only expected to continue to increase over time, Coventry has become an integral and important player within the UK property ladder, and as such it's never been a more exciting time to buy and sell property within the city. Whether you’re a landlord looking to cash in on the ever increasing student market, a family looking to settle within one of the many popular suburban residencies, or an entrepreneur looking to benefit from the growing business district, there’s a wealth of opportunity within Coventry’s property market.
If you’re looking to reap the financial benefits of buying or selling a property within Coventry, contact one of our expert team today, and we’ll help you on your way to kickstarting your