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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 9, Beechnut Lane, Solihull is £576,576 and the estimated rental value is £2,439 per month.
The apartment is within 9, Beechnut Lane, Solihull, B91.
Beechnut Lane, Solihull, B91 is located in the borough of Solihull within the B91 postal district.
Flat 4, 9, Beechnut Lane, Solihull has 2 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated February 2019.
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 Flat 4, 9, Beechnut Lane, Solihull is in very good condition we estimate a sale value of £605,405 and a rental value of £2,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £536,216 and a rental value of £2,268 per month.
Over the last 12 months the sale value of Flat 4 9 Beechnut Lane Solihull has decreased by an estimated £9,072 (1.6%) and its rental value has increased by an estimated £9 per month (0.4%), giving an expected gross yield of 5.1%.
Flat 4, 9, Beechnut Lane, Solihull has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 2019.
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, Flat 4, 9, Beechnut Lane, Solihull was last sold on 24th June 2019 for £612,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2019, the market for similar properties has dropped 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 9, Beechnut Lane, Solihull within a radius of 680 metres over the last 2 years.
The most recent example is Apartment 26, Scarlet Oak 911-913, Warwick Road, Solihull, B91 3EP, a leasehold flat which sold for £545,000 on the 26th May 2017.
Read more about house prices in B91.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beechnut Lane, Solihull, B91 has a total of 49 addresses. According to our analysis of all the public data, Flat 4, 9, Beechnut Lane, Solihull is the 46th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in B91.
The closest station to Flat 4, 9, Beechnut Lane, Solihull is Solihull station which is 1.6 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 Flat 4, 9, Beechnut Lane, Solihull, 44.1% of property is privately owned outright and 39.7% 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 Flat 4, 9, Beechnut Lane, Solihull, 19.5% of residents are recorded as possessing school level qualifications and 43.8% 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 Flat 4, 9, Beechnut 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 Flat 4, 9, Beechnut Lane, Solihull, 1.1% 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 Flat 4, 9, Beechnut Lane, Solihull, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.