Apartment 5, The Gables, 2 Alder Lane, Balsall Common, Coventry, CV7 7DZ is a leasehold flat built between 2003-2006. The property offers approximately 1,722 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £530,951 , which equates to approximately £308 per square foot. It was last sold on 1 Feb 2016 for £390,000. Since then, the value has increased by £140,951, representing a 36.1% increase, or approximately 3.7% per year.

The current estimated value of £530,951 is:

  • 45.7% lower than the average property price on Alder Lane
  • 46.6% lower than the average in the CV7 7DZ postcode area
  • and 96.8% higher than the average price for Coventry as a whole

View sold house prices in CV7 7DZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1722 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£530,951
Price Per sq ft (estimate)
£308
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Apartment 5, The Gables, 2 Alder Lane, Balsall Common, Coventry, Solihull, West Midlands, CV7 7DZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Apr 2012.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to CV7 7DZ

25 th / 29
Price Rank
47% lower than average
14 th / 20
Size Rank
21% smaller than average
20 th / 20
Price Per Sq FT Rank
32% lower than average

Compared to other properties in CV7 7DZ , this flat's estimated value ranks 25th out of 29. Based on price per square foot, it ranks 20th out of 20 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 14th out of 20 properties in its postcode area.

Sale History

Today
£530,951
streetscan.co.uk estimate
+36 %
1 Feb 2016
£390,000
Leasehold
+4 %
30 May 2008
£375,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 918 sq ft
sale price: £285,000
sale date: 31 Oct 2017
rooms: 3
size: 635 sq ft
sale price: £172,000
sale date: 27 Apr 2017
rooms: 2
size: 527 sq ft
sale price: £177,500
sale date: 29 Jun 2007
rooms: 9
size: 2045 sq ft
sale price: £995,000
sale date: 9 Dec 2021
rooms: 7
size: 2002 sq ft
sale price: £500,000
sale date: 11 Feb 2010

Data Sources

The property at Apartment 5, The Gables, 2 Alder Lane, Balsall Common, Coventry, CV7 7DZ appears two times in the Land Registry records, with the latest transaction recorded on 1 Feb 2016. It also has a single Energy Performance Certificate (EPC) from 26 Apr 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.