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By comparing it to neighbours, we estimate that it is a modern apartment with 791 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Olton Mere, Solihull is £175,050 and the estimated rental value is £1,008 per month.
Olton Mere, Solihull, B92 is located in the borough of Solihull within the B92 postal district.
2, Olton Mere, Solihull has a single entry in the Land Registry from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Olton Mere, Solihull is in very good condition we estimate a sale value of £183,803 and a rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,797 and a rental value of £938 per month.
Over the last 12 months the sale value of 2 Olton Mere Solihull has decreased by an estimated £1,412 (0.8%) and its rental value has increased by an estimated £21 per month (2.1%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 2, Olton Mere, Solihull was last sold on 23rd February 2007 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Olton Mere, Solihull within a radius of 580 metres over the last 2 years.
The most recent example is Apartment 32, Westley Heights 115, Warwick Road, Solihull, B92 7JX, a leasehold flat which sold for £162,500 on the 5th June 2024.
Read more about house prices in B92.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olton Mere, Solihull, B92 has a total of 13 addresses. According to our analysis of all the public data, 2, Olton Mere, Solihull is the largest and the most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in B92.
The closest station to 2, Olton Mere, Solihull is Olton station which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Olton Mere, Solihull, 54.3% of property is privately owned outright and 25.0% is privately rented.
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 2, Olton Mere, Solihull, 9.5% of residents are recorded as possessing school level qualifications and 46.4% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Olton Mere, Solihull, the average age was 45.4 and the most common age was 57.
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 2, Olton Mere, Solihull, 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 2, Olton Mere, Solihull, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.