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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 Apartment 2, 54, Lode Lane, Solihull is £430,893 and the estimated rental value is £1,931 per month.
The apartment is within 54, Lode Lane, Solihull, B91.
Lode Lane, Solihull, B91 is located in the borough of Solihull within the B91 postal district.
Apartment 2, 54, Lode Lane, Solihull has 2 entries in the Land Registry , most recently in June 2009 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Apartment 2, 54, Lode Lane, Solihull is in very good condition we estimate a sale value of £452,438 and a rental value of £2,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,730 and a rental value of £1,796 per month.
Over the last 12 months the sale value of Apartment 2 54 Lode Lane Solihull has decreased by an estimated £8,629 (2.0%) and its rental value has increased by an estimated £22 per month (1.2%), giving an expected gross yield of 5.4%.
Apartment 2, 54, Lode Lane, Solihull has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Apartment 2, 54, Lode Lane, Solihull was last sold on 10th June 2009 for £340,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2009, the market for similar properties has risen 37.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 610 metres radius of Apartment 2, 54, Lode Lane, Solihull over the last 2 years.
The most recent example is 60, Lode Lane, Solihull, B91 2AW, a freehold house which sold for £599,950 on the 29th March 2016.
Read more about house prices in B91.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lode Lane, Solihull, B91 has a total of 235 addresses. According to our analysis of all the public data, Apartment 2, 54, Lode Lane, Solihull is the 168th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in B91.
The closest station to Apartment 2, 54, Lode Lane, Solihull is Solihull 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2, 54, Lode Lane, Solihull, 53.2% of property is privately rented and 19.0% is privately owned outright.
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 Apartment 2, 54, Lode Lane, Solihull, 14.5% of residents are recorded as possessing school level qualifications and 42.3% 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 Apartment 2, 54, Lode Lane, Solihull, the average age was 44.3 and the most common age was 12.
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 Apartment 2, 54, Lode Lane, Solihull, 0.9% 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 Apartment 2, 54, Lode Lane, Solihull, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.