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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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48, Packwood Close, Solihull is recorded publicly as a mid-century leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 48, Packwood Close, Solihull is £170,440 and its rental estimate is £1,166 per month, given the available information and assuming reasonable condition.
Packwood Close, Bentley Heath, Solihull, B93 falls within the B93 postal district, in the borough of Solihull.
48, Packwood Close, Solihull has 21 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 48, Packwood Close, Solihull, we estimate a market value of £178,962 and a rental value of £1,224 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,509 and £1,084 per month respectively.
Over the last year, 48, Packwood Close, Solihull has seen its estimated sale value fall by £2,942 (1.7%) and its estimated rental value move up by £10 per month (0.9%). This results in an estimated gross rental yield of 8.2%.
48, Packwood Close, Solihull has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 48, Packwood Close, Solihull completed on 16th August 2013 at £104,868 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 76.6% over the period since August 2013.
Over the past 2 years 3 properties similar to 48, Packwood Close, Solihull have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2021, was 54, Packwood Close, Solihull, B93 8AW, a leasehold flat which sold for £160,000.
Read more about house prices in B93.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Packwood Close, Bentley Heath, Solihull, B93, 48, Packwood Close, Solihull comes out as the 41st largest and the 41st most expensive in our analysis of the public data.
It is also £454k less expensive than the average property across the B93 district.
From 48, Packwood Close, Solihull, the nearest station is Dorridge, 1.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Packwood Close, Solihull, 38.7% of property is privately owned outright and 27.4% 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 48, Packwood Close, Solihull, 26.5% of residents are recorded as possessing school level qualifications and 37.7% 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 48, Packwood Close, Solihull, the average age was 44 and the most common age was 12.
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 48, Packwood Close, Solihull, 0.4% 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 48, Packwood Close, 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.
