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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 9, Balsam Lane, Warwick is £161,938 and its rental estimate is £908 per month, given the available information and assuming reasonable condition.
Balsam Lane, Warwick, CV34 falls within the CV34 postal district, in the borough of Warwick.
9, Balsam Lane, Warwick has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 9, Balsam Lane, Warwick, we estimate a market value of £170,035 and a rental value of £954 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,602 and £845 per month respectively.
Over the last year, 9, Balsam Lane, Warwick has seen its estimated sale value drop by £1,111 (0.7%) and its estimated rental value rise by £19 per month (2.1%). This results in an estimated gross rental yield of 6.7%.
9, Balsam Lane, Warwick has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 9, Balsam Lane, Warwick completed on 27th September 2024 at £232,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.6% over the period since September 2024.
Over the past 2 years 1 property similar to 9, Balsam Lane, Warwick has sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2022, was 22, Woodhead Road, Warwick, CV34 7DG, a leasehold flat which sold for £185,000.
Read more about house prices in CV34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 47 addresses on Balsam Lane, Warwick, CV34, 9, Balsam Lane, Warwick comes out as the 46th largest and the 47th most expensive in our analysis of the public data.
It is also £189k less expensive than the average property across the CV34 district.
From 9, Balsam Lane, Warwick, the nearest station is Warwick, 2.9 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 9, Balsam Lane, Warwick, % of property is and % is .
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 9, Balsam Lane, Warwick, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 9, Balsam Lane, Warwick, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 9, Balsam Lane, Warwick, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.