62, Packwood Close
62, Packwood Close
Description & Estimates
According to the public record, 62, Packwood Close, Solihull is a mid-century leasehold apartment with 473 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 62, Packwood Close, Solihull is £161,520 and the estimated rental value is £1,123 per month.
Packwood Close, Bentley Heath, Solihull, B93 is located in the borough of Solihull within the B93 postal district.
Our Data Sources
62, Packwood Close, Solihull has 41 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated May 2020.
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
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 62, Packwood Close, Solihull is in very good condition we estimate a sale value of £169,595 and a rental value of £1,179 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,213 and a rental value of £1,044 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 62, Packwood Close, Solihull has decreased by £2,788 (1.7%), while its estimated rental value has grown by £10 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 8.3%.
Energy Efficiency
62, Packwood Close, Solihull has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 62, Packwood Close, Solihull was last sold on 29th August 2014 for £120,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since August 2014, the market for similar properties has risen by 63.3%.
- Sold Aug 2014£120,000
- Sold Apr 2006£123,500
- Sold Mar 2003£99,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Packwood Close, Solihull within a radius of 800 metres over the last 2 years.
The most recent example is 54, Packwood Close, Solihull, B93 8AW, a leasehold flat which sold for £160,000 on the 9th December 2021.
Read more about house prices in B93.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Packwood Close, Bentley Heath, Solihull, B93 has a total of 46 addresses. According to our analysis of all the public data, 62, Packwood Close, Solihull is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £463k less expensive than the average property in B93.
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Schools Nearby
- 500mBentley Heath Church of England Primary School
- 800mSt George and St Teresa Catholic Primary School
- 800mDorridge Primary School
- 1.6kmArden
- 3.3kmSt Peter's Catholic School
- 3.3kmTudor Grange Academy, Solihull
More reading links
Public Transport Nearby
The closest station to 62, Packwood Close, Solihull is Dorridge station, which is 1.2 kilometres away.
- 1.2kmDorridge
- 1.8kmWidney Manor
- 4.2kmSolihull
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
