# House prices in CV7 9 (Exhall)

This article reveals price per square metre data and various charts to help you understand current housing market in Exhall, Balsall Common (CV7 9).

## Defining 'CV7 9'

This analysis is limited to properties whose postcode starts with "CV7 9", 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 Exhall.

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

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

## Price per square metre

Knowing the average house price in Exhall 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. 36, Grant Road, Exhall, Balsall Common, sold for £155,000 on Mar-2024. Given the internal area of 88 square metres, the price per sqm is £1,761.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 148 sales in Exhall (CV7 9) that took place in the last two years.

##### Distribution of £ per sqm for Exhall, Balsall Common
Distribution of £ per sqm house prices in Exhall

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 Exhall (CV7 9). Of the 148 transactions, half were sold for between £2,240 and £3,120 per square metre. The median, or 'middle', price per square metre in 'CV7 9' is £2,650. Notably, only 25% of properties that sold recently were valued at more than £3,120 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 Exhall, 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 Exhall, Balsall Common

## Comparison with neighbouring postcode sectors

The table below shows how 'CV7 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CV7 7 Balsall Common £3,420 sqm £4,010 sqm £4,530 sqm
CV7 9 Exhall £2,240 sqm £2,650 sqm £3,120 sqm
CV7 8 Keresley End £2,130 sqm £2,700 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 9 (Exhall) 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.

##### Historic price per square metre in Exhall,Balsall Common
House price trends for Exhall

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.

##### Most recent CV7 9 sales
Recent trends for Exhall

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
Robert Road, Exhall, CV7 9G 78 sqm £2,496 21
St Giles Road, Exhall, CV7 9H 89 sqm £2,496 17
Wheelwright Lane, Exhall, CV7 9H 105 sqm £2,750 15
The Waterfront, Exhall, CV7 9J 65 sqm £2,200 12
Deans Way, Exhall, CV7 9H 92 sqm £2,394 12
Tresillian Road, Exhall, CV7 9P 58 sqm £3,292 12
Coventry Road, Exhall, CV7 9E 110 sqm £3,164 11
Tregorrick Road, Exhall, CV7 9F 84 sqm £2,423 11

Search for your street here.

## Raw data

Our analysis of Exhall 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
36, Grant Rd, Exhall, Balsall Common £155,000
Mar-2024
88 1,761
17, Windmill Rd, Exhall, Balsall Common £168,000
Feb-2024
84 2,000
181, Coventry Rd, Exhall, Balsall Common £295,000
Feb-2024
113 2,610