House prices in CV7 7 (Balsall Common)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CV7 7' (Balsall Common) - statistics were last calculated on 30 August 2024.

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Defining 'CV7 7'

This analysis is limited to properties whose postcode starts with "CV7 7", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Balsall Common.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Balsall Common is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 1, St Laurence Close, Balsall Common, sold for £310,000 on Jul-2024. Given the internal area of 62 square metres, the price per sqm is £5,000.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 211 sales in Balsall Common (CV7 7) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Balsall Common (CV7 7). Of the 211 transactions, half were sold for between £3,320 and £4,480 per square metre. The median, or 'middle', price per square metre in 'CV7 7' is £3,940. Notably, only 25% of properties that sold recently were valued at more than £4,480 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Balsall Common

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Balsall Common. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Balsall Common

Comparison with neighbouring postcode sectors

The table below shows how 'CV7 7' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CV7 7 Balsall Common	£3,320 sqm	£3,940 sqm	£4,480 sqm
CV7 9 Exhall	£2,300 sqm	£2,690 sqm	£3,170 sqm
CV7 8 Keresley End	£2,210 sqm	£2,680 sqm	£3,310 sqm

Will Balsall Common house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CV7 7 (Balsall Common) compared with both the wider area CV7 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Balsall Common to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Balsall Common and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Kenilworth Road, Balsall Common, CV7 7D	87 sqm	£3,385	31
Kenilworth Road, Balsall Common, CV7 7E	101 sqm	£2,643	22
Balsall Street East, Balsall Common, CV7 7F	167 sqm	£4,214	22
Meer Stones Road, Balsall Common, CV7 7J	92 sqm	£3,768	16
Kelsey Lane, Balsall Common, CV7 7G	175 sqm	£3,791	16
Balsall Street, Balsall Common, CV7 7A	124 sqm	£3,946	16
Grovefield Crescent, Balsall Common, CV7 7R	113 sqm	£4,159	15
Station Road, Balsall Common, CV7 7F	143 sqm	£3,442	14

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Albany Lane, Balsall Common, CV7 7S	89 sqm	£4,459	18

Albany Lane, Balsall Common, CV7 7S has seen 18 new build sales in the last 4 years (average price £393,226). These new build homes typically have an internal area of 89 sqm, with an average price of £4,459 sqm. This £sqm average is £519 above the average for CV7 7. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Balsall Common is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
1, St Laurence Close, Balsall Common	£310,000 Jul-2024	62	5,000
96, Station Rd, Balsall Common	£480,000 Jul-2024	166	2,891
15, Arden Close, Balsall Common	£325,000 Jul-2024	85	3,823

See the entire list of all sales in Balsall Common (CV7 7) here.