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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Olton Mere, Solihull is £142,475 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.
5, Olton Mere, Solihull has 21 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated October 2014.
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 5, Olton Mere, Solihull is in very good condition we estimate a sale value of £149,599 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 £132,502 and a rental value of £938 per month.
Over the last 12 months the sale value of 5 Olton Mere Solihull has decreased by an estimated £1,150 (0.8%) and its rental value has increased by an estimated £21 per month (2.1%), giving an expected gross yield of 8.5%.
5, Olton Mere, Solihull has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 5, Olton Mere, Solihull was last sold on 6th January 2015 for £123,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2015, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Olton Mere, Solihull within a radius of 570 metres over the last 2 years.
The most recent example is Flat 6, Bromford Mere, Warwick Road, Solihull, B92 7AN, a leasehold flat which sold for £162,500 on the 3rd January 2025.
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, 5, Olton Mere, Solihull is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in B92.
The closest station to 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.