Flat 1, Parkfields House
Flat 1, Parkfields House
Description & Estimates
Flat 1, Parkfields House, Solihull is recorded publicly as a period leasehold apartment across 861 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, Parkfields House, Solihull is £446,524 and its rental estimate is £1,653 per month, given the available information and assuming reasonable condition.
Parkfields House, Arden Drive is a residential building on Arden Drive, Dorridge, Solihull, B93 and falls within the B93 postal district and the borough of Solihull.
Our Data Sources
Flat 1, Parkfields House, Solihull has 41 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated June 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Flat 1, Parkfields House, Solihull, we estimate a market value of £468,850 and a rental value of £1,735 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £415,267 and £1,537 per month respectively.
Recent Market Change
Over the last year, Flat 1, Parkfields House, Solihull has seen its estimated sale value fall by £4,840 (1.1%) and its estimated rental value move up by £25 per month (1.5%). This results in an estimated gross rental yield of 4.4%.
Energy Efficiency
Flat 1, Parkfields House, Solihull has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, Parkfields House, Solihull completed on 4th April 2018 at £380,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 14.2% over the period since April 2018.
- Sold Apr 2018£380,000
- Sold Dec 2009£310,000
- Sold Dec 2002£213,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 1, Parkfields House, Solihull have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th March 2022, was Flat 3, Parkfields House, Arden Drive, Solihull, B93 8LL, a leasehold flat which sold for £370,000.
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
Of the 25 addresses on Arden Drive, Dorridge, Solihull, B93, Flat 1, Parkfields House, Solihull comes out as the 25th largest and the 23rd most expensive in our analysis of the public data.
It is also £178k less expensive than the average property across the B93 district.
More reading links
Schools Nearby
- 1.3kmDorridge Primary School
- 1.5kmSt George and St Teresa Catholic Primary School
- 2.3kmBentley Heath Church of England Primary School
- 2.1kmArden
- 5.2kmSt Peter's Catholic School
- 5.3kmTudor Grange Academy, Solihull
More reading links
Public Transport Nearby
From Flat 1, Parkfields House, Solihull, the nearest station is Dorridge, 800 metres away.
- 800mDorridge
- 3.1kmLapworth
- 3.8kmWidney Manor
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
