Feb 07, 2023 by HM

# House prices in Keresley End (CV7 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Keresley End (CV7 8).

## Defining 'CV7 8'

This analysis is limited to properties whose postcode starts with "CV7 8", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

## Price per square metre

Knowing the average house price in Keresley End 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. 21, Ryder Row, Keresley End, Balsall Common, sold for £145,000 on Jan-2024. Given the internal area of 63 square metres, the price per sqm is £2,301.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres 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. £4,150-£4,500, £4,500-£4,850, £4,850-£5,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 189 sales in Keresley End (CV7 8) that took place in the last two years.

##### Distribution of £ per sqm for Keresley End (CV7 8)
Distribution of £ per sqm house prices in Keresley End

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 Keresley End (CV7 8). Of the 189 transactions, half were sold for between £2,150 and £3,330 per square metre. The median, or 'middle', price per square metre in 'CV7 8' is £2,710. Notably, only 25% of properties that sold recently were valued at more than £3,330m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Keresley End

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 Keresley End. 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 Keresley End

## Comparison with neighbouring postcode sectors

The table below shows how 'CV7 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV7 7 Balsall Common £3,450m2 £4,030m2 £4,490m2
CV7 9 Exhall £2,200m2 £2,660m2 £3,140m2
CV7 8 Keresley End £2,150m2 £2,710m2 £3,330m2

## Will Keresley End 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 scatter plot below for CV7 8 (Keresley End). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CV7 8 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Keresley End (CV7 8) over time
House price trends for Keresley End

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Keresley End 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Keresley End data or any other data I am given.

## Street level data

Street Avg size Avg £/m2 Recent sales
Coopers Meadow, Keresley End, CV7 8R 81m2 £2,421 28
Charles Street, Keresley End, CV7 8G 76m2 £1,774 21
Gun Hill, Keresley End, CV7 8H 87m2 £1,673 18
Woods Piece, Keresley End, CV7 8N 92m2 £2,839 18
George Street, Keresley End, CV7 8H 76m2 £1,822 13
George Street, Keresley End, CV7 8G 75m2 £1,757 10
Rectory Road, Keresley End, CV7 8F 93m2 £3,383 9
Bennetts Road, Keresley End, CV7 8H 97m2 £2,535 9

## Raw data

Our analysis of Keresley End 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.