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According to the public record, 48, Redfern Close, Solihull is a mid-century leasehold apartment with 495 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 48, Redfern Close, Solihull is £122,890 and the estimated rental value is £939 per month.
Redfern Close, Solihull, B92 is located in the borough of Solihull within the B92 postal district.
48, Redfern Close, Solihull has 41 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property 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 48, Redfern Close, Solihull is in very good condition we estimate a sale value of £129,035 and a rental value of £986 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,288 and a rental value of £874 per month.
Over the last 12 months the sale value of 48 Redfern Close Solihull has decreased by an estimated £991 (0.8%) and its rental value has increased by an estimated £19 per month (2.1%), giving an expected gross yield of 9.2%.
48, Redfern Close, Solihull has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2024.
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, 48, Redfern Close, Solihull was last sold on 18th November 2022 for £118,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2022, the market for similar properties has risen 32.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Redfern Close, Solihull within a radius of 570 metres over the last 2 years.
The most recent example is 6, Faulkner Road, Solihull, B92 8SY, a leasehold flat which sold for £124,000 on the 21st November 2024.
Read more about house prices in B92.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redfern Close, Solihull, B92 has a total of 100 addresses. According to our analysis of all the public data, 48, Redfern Close, Solihull is the 96th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in B92.
The closest station to 48, Redfern Close, Solihull is Olton station which is 1.1 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Redfern Close, Solihull, 54.1% of property is socially rented and 17.3% 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 48, Redfern Close, Solihull, 18.1% of residents are recorded as possessing school level qualifications and 21.5% 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, Redfern Close, Solihull, the average age was 41.4 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 48, Redfern Close, Solihull, 2.3% 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, Redfern Close, Solihull, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
