5, Parkgate Mews
5, Parkgate Mews
Description & Estimates
5, Parkgate Mews, Solihull is recorded publicly as a modern leasehold apartment across 753 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Parkgate Mews, Solihull is £231,795 and its rental estimate is £1,129 per month, given the available information and assuming reasonable condition.
Parkgate Mews, Shirley, Solihull, B90 falls within the B90 postal district, in the borough of Solihull.
Our Data Sources
5, Parkgate Mews, Solihull has 2 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated September 2013.
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.
Price Range & Condition
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 5, Parkgate Mews, Solihull, we estimate a market value of £243,385 and a rental value of £1,185 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £215,570 and £1,050 per month respectively.
Recent Market Change
Over the last year, 5, Parkgate Mews, Solihull has seen its estimated sale value decrease by £3,098 (1.3%) and its estimated rental value grow by £20 per month (1.8%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
5, Parkgate Mews, Solihull has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Sep 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Parkgate Mews, Solihull completed on 15th February 2017 at £206,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 27.8% over the period since February 2017.
- Sold Feb 2017£206,500
- Sold Jun 2014£189,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Parkgate Mews, Solihull have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th April 2023, was 35, Parkgate Mews, Solihull, B90 3GF, a leasehold flat which sold for £266,000.
Read more about house prices in B90.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 42 addresses on Parkgate Mews, Shirley, Solihull, B90, 5, Parkgate Mews, Solihull comes out as the 33rd largest and the 33rd most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the B90 district.
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Schools Nearby
- 400mHaslucks Green School
- 400mTudor Grange Primary Academy, St James
- 800mBurman Infant School
- 1.4kmLight Hall School
- 2.1kmLangley School
- 2.2kmAlderbrook School
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Public Transport Nearby
From 5, Parkgate Mews, Solihull, the nearest station is Shirley (West Midlands), 1.5 kilometres away.
- 1.5kmShirley (West Midlands)
- 2.0kmYardley Wood
- 2.7kmSolihull
Available Internet Speeds
Broadband here reaches standard speeds, based on recent Ofcom data.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
