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Balsall Common House Prices Balsall Common House Prices

The average house price in Balsall Common is £562,500 using HM Land Registry data.

The average property price increased by £64,638 (14.31%) over the last 5 years and increased by £12,919 (2.57%) over the last 12 months.

Over the last year, there were 80 residential property sales – a decrease of 46 transactions (-57.50%) relative to the previous year. The majority of house sales (15) were in the £346,000 - £464,000 range. Then came properties in the £464,000 - £582,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,789 (-2%).

In April 2024, there were 22 new estate agency instructions, 8 agreed home sales and 11 property price reductions.

Postcodes Covered: B92, CV7

5-Year Average Property Prices in Balsall Common

14.31%

Property prices in Balsall Common increased by 14.31% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Balsall Common Over the Last Year

2.57%

Property prices in Balsall Common increased by 2.57% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Balsall Common - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Balsall Common

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Balsall Common

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Balsall Common

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Balsall Common since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Balsall Common area since 1995.

Recent Property Sales in Balsall Common

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Grovefield Crescent, Balsall Common, Coventry, West Midlands, CV7 7RE£440,000£440,000£0013 Oct 202304 Jan 202483 Days
3 Winsford Close, Balsall Common, Coventry, West Midlands, CV7 7UB£425,000£425,000£0025 May 202301 Dec 2023190 Days
2 Finch Croft, Balsall Common, Coventry, West Midlands, CV7 7UR£750,000£700,000-£50,00005 Sep 202201 Dec 2023452 Days
9 Grovefield Crescent, Balsall Common, Coventry, West Midlands, CV7 7RE£625,000£605,000-£20,00007 Aug 202323 Nov 2023108 Days
660 Kenilworth Road, Balsall Common, Coventry, West Midlands, CV7 7DY£350,000£322,000-£28,00004 Aug 202317 Nov 2023105 Days
4 Arden Close, Balsall Common, Coventry, West Midlands, CV7 7NY£350,000£297,000-£53,00029 Oct 202230 Oct 2023366 Days
15 Shenstone Drive, Balsall Common, Coventry, West Midlands, CV7 7PG£500,000£495,000-£5,00003 May 202327 Oct 2023177 Days
4 Meadow Rise, Balsall Common, Coventry, West Midlands, CV7 7RT£340,000£325,000-£15,00019 Jul 202220 Oct 2023458 Days
19 Cedarwood Drive, Balsall Common, Coventry, West Midlands, CV7 7DS£465,000£455,000-£10,00031 May 202322 Sep 2023114 Days
9 Riddings Hill, Balsall Common, Coventry, West Midlands, CV7 7RA£675,000£662,500-£12,50013 Feb 202311 Sep 2023210 Days
1 Balsall Street, Balsall Common, Coventry, West Midlands, CV7 7AR£450,000£333,700-£116,30023 Aug 202207 Sep 2023380 Days
21 Needlers End Lane, Balsall Common, Coventry, West Midlands, CV7 7AF£365,000£355,000-£10,00022 Apr 202304 Sep 2023135 Days
47 Greenfield Avenue, Balsall Common, Coventry, West Midlands, CV7 7UG£420,000£410,000-£10,00004 Mar 202329 Aug 2023178 Days
2 Cedarwood Drive, Balsall Common, Coventry, West Midlands, CV7 7DS£560,000£545,000-£15,00009 Feb 202329 Aug 2023201 Days
21 Leveson Crescent, Balsall Common, Coventry, West Midlands, CV7 7DR£450,000£438,500-£11,50013 Feb 202321 Jul 2023158 Days
12 Chapel Drive, Balsall Common, Coventry, West Midlands, CV7 7EQ£725,000£715,000-£10,00022 Mar 202318 Jul 2023118 Days
12 Balsall Street East, Balsall Common, Coventry, West Midlands, CV7 7FR£550,000£541,000-£9,00020 Oct 202227 Jun 2023250 Days
100 Needlers End Lane, Balsall Common, Coventry, West Midlands, CV7 7AB£650,000£630,000-£20,00009 Feb 202327 Jun 2023138 Days
11 Greenbank Road, Balsall Common, Coventry, West Midlands, CV7 7AJ£310,000£310,000£0006 Feb 202312 May 202395 Days
15 Oxhayes Close, Balsall Common, Coventry, West Midlands, CV7 7PS£650,000£625,000-£25,00004 Jul 202212 May 2023312 Days

Most Expensive Streets in Balsall Common

PostcodeStreetAreaAverageNo. of Sales
CV7 7GEMeeting House LaneBalsall Common£815,7805
CV7 7GLKelsey LaneBalsall Common£780,3336
CV7 7ANFernhill LaneBalsall Common£736,2857
CV7 7GDMeeting House LaneBalsall Common£729,9378
CV7 7FXMeeting House LaneBalsall Common£687,24911
CV7 7AUSpeedwell DriveBalsall Common£684,1663
CV7 7UASaracen DriveBalsall Common£683,3333
CV7 7UBWinsford CloseBalsall Common£665,0003
CV7 7GBBarretts LaneBalsall Common£649,1666
CV7 7ABNeedlers End LaneBalsall Common£645,4005

Least Expensive Streets in Balsall Common

PostcodeStreetAreaAverageNo. of Sales
CV7 7ESKenilworth RoadBalsall Common£109,28116
CV7 7UTMichael Blanning PlaceBalsall Common£228,91612
CV7 7JDMeer Stones RoadBalsall Common£246,62116
CV7 7DQKenilworth RoadBalsall Common£248,02024
CV7 7PQCoplow CloseBalsall Common£255,0505
CV7 7JBDrovers CloseBalsall Common£258,2504
CV7 7PRWhitnash CloseBalsall Common£266,50011
CV7 7RTMeadow RiseBalsall Common£310,0003
CV7 7RFEborne CroftBalsall Common£324,4005
CV7 7RNWatson WayBalsall Common£332,5003

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