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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Prospect Lane, Solihull is £510,011 and the estimated rental value is £2,473 per month.
Prospect Lane, Solihull, B91 is located in the borough of Solihull within the B91 postal district.
41, Prospect Lane, Solihull has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated June 2017.
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.
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 41, Prospect Lane, Solihull is in very good condition we estimate a sale value of £535,512 and a rental value of £2,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £474,310 and a rental value of £2,300 per month.
Over the last 12 months the sale value of 41 Prospect Lane Solihull has increased by an estimated £2,966 (0.6%) and its rental value has increased by an estimated £77 per month (3.1%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 41, Prospect Lane, Solihull sits on a plot of 430m2.
We have plot size data on 30 out of 30 other houses in the postcode and 41, Prospect Lane, Solihull sits on the 29th largest plot.
41, Prospect Lane, Solihull has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Prospect Lane, Solihull was last sold on 29th March 2021 for £515,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since March 2021, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Prospect Lane, Solihull within a radius of 750 metres over the last 2 years.
The most recent example is 4, Compton Close, Solihull, B91 1HR, a freehold house which sold for £485,000 on the 20th January 2023.
Read more about house prices in B91.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Lane, Solihull, B91 has a total of 102 addresses. According to our analysis of all the public data, 41, Prospect Lane, Solihull is the 96th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in B91.
The closest station to 41, Prospect Lane, Solihull is Solihull station which is 1.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 41, Prospect Lane, Solihull, 65.7% of property is privately owned outright and 32.1% is privately owned with a mortgage.
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 41, Prospect Lane, Solihull, 19.3% of residents are recorded as possessing school level qualifications and 50.2% 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 41, Prospect Lane, Solihull, the average age was 45.9 and the most common age was 52.
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 41, Prospect Lane, Solihull, 1.6% 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 41, Prospect Lane, Solihull, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.