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According to the public record, 7, The Spinney, Solihull is a modern leasehold apartment with 688 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 7, The Spinney, Solihull is £205,363 and the estimated rental value is £1,237 per month.
The Spinney, Solihull, B91 is located in the borough of Solihull within the B91 postal district.
7, The Spinney, Solihull has 41 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated July 2023.
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.
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 7, The Spinney, Solihull is in very good condition we estimate a sale value of £215,631 and a rental value of £1,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,988 and a rental value of £1,150 per month.
Over the last 12 months the sale value of 7 The Spinney Solihull has decreased by an estimated £2,484 (1.2%) and its rental value has increased by an estimated £22 per month (1.8%), giving an expected gross yield of 7.2%.
7, The Spinney, Solihull has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jul 2023.
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, 7, The Spinney, Solihull was last sold on 4th October 2024 for £180,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2024, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Spinney, Solihull within a radius of 990 metres over the last 2 years.
The most recent example is 5, The Spinney, Solihull, B91 3JP, a leasehold flat which sold for £215,000 on the 21st July 2022.
Read more about house prices in B91.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Solihull, B91 has a total of 37 addresses. According to our analysis of all the public data, 7, The Spinney, Solihull is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in B91.
The closest station to 7, The Spinney, Solihull is Widney Manor 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, The Spinney, Solihull, 64.2% of property is privately owned outright and 30.6% 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 7, The Spinney, Solihull, 19.4% of residents are recorded as possessing school level qualifications and 47.6% 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 7, The Spinney, Solihull, the average age was 45 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 7, The Spinney, Solihull, 3.4% 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 7, The Spinney, Solihull, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.