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Company No. 11113204
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According to the public record, Flat 5, Monarchs Gate 74, Solihull is a modern leasehold apartment with 807 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 Flat 5, Monarchs Gate 74, Solihull is £210,180 and the estimated rental value is £1,176 per month.
The apartment is within Monarchs Gate, Yew Tree Lane, Solihull, B91.
Yew Tree Lane, Solihull, B91 is located in the borough of Solihull within the B91 postal district.
Flat 5, Monarchs Gate 74, Solihull has 21 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated December 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.
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 5, Monarchs Gate 74, Solihull is in very good condition we estimate a sale value of £220,689 and a rental value of £1,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,467 and a rental value of £1,093 per month.
Over the last 12 months the sale value of Flat 5 Monarchs Gate 74 Solihull has decreased by an estimated £2,542 (1.2%) and its rental value has increased by an estimated £21 per month (1.8%), giving an expected gross yield of 6.7%.
Flat 5, Monarchs Gate 74, Solihull has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 5, Monarchs Gate 74, Solihull was last sold on 21st November 2023 for £167,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2023, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Monarchs Gate 74, Solihull within a radius of 660 metres over the last 2 years.
The most recent example is Flat 17, Monarchs Gate 74, Yew Tree Lane, Solihull, B91 2PS, a leasehold flat which sold for £199,950 on the 7th June 2024.
Read more about house prices in B91.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Yew Tree Lane, Solihull, B91 has a total of 71 addresses. According to our analysis of all the public data, Flat 5, Monarchs Gate 74, Solihull is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £302k less expensive than the average property in B91.
The closest station to Flat 5, Monarchs Gate 74, Solihull is Solihull station which is 1.8 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Monarchs Gate 74, Solihull, 43.1% of property is privately owned outright and 33.8% 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 5, Monarchs Gate 74, Solihull, 17.0% of residents are recorded as possessing school level qualifications and 46.5% 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 5, Monarchs Gate 74, Solihull, the average age was 42.6 and the most common age was 52.
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 5, Monarchs Gate 74, Solihull, 1.9% 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 Flat 5, Monarchs Gate 74, Solihull, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
