Merrylea, Solihull
Merrylea, Solihull
Description & Estimates
Merrylea, Solihull is recorded publicly as an early-century freehold house across 1,194 ft2 of internal area, sitting on a 570 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Merrylea, Solihull is £535,785 and its rental estimate is £2,220 per month, given the available information and assuming reasonable condition.
Station Lane, Lapworth, Solihull, B94 falls within the B94 postal district, in the borough of Warwick.
Our Data Sources
Merrylea, Solihull has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated November 2014.
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.
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 Merrylea, Solihull, we estimate a market value of £562,575 and a rental value of £2,331 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £498,280 and £2,064 per month respectively.
Recent Market Change
Over the last year, Merrylea, Solihull has seen its estimated sale value rise by £2,625 (0.5%) and its estimated rental value move up by £70 per month (3.2%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for Merrylea, Solihull as measuring 570 m2.
That makes it the 6th largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
Merrylea, Solihull has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Merrylea, Solihull completed on 22nd May 2015 at £408,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 56.6% over the period since May 2015.
- Sold May 2015£408,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Merrylea, Solihull have sold within a radius of 3.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2020, was 12, Kingswood Close, Solihull, B94 6JQ, a freehold house which sold for £472,500.
Read more about house prices in B94.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 137 addresses on Station Lane, Lapworth, Solihull, B94, Merrylea, Solihull comes out as the 88th largest and the 82nd most expensive in our analysis of the public data.
It is also £203k less expensive than the average property across the B94 district.
More reading links
Schools Nearby
- 900mLapworth CofE Primary School
- 3.9kmTudor Grange Primary Academy Hockley Heath
- 4.0kmDorridge Primary School
- 4.4kmArden
- 6.7kmHeart of England School
- 7.7kmHenley In Arden School
More reading links
Public Transport Nearby
From Merrylea, Solihull, the nearest station is Lapworth, 600 metres away.
- 600mLapworth
- 3.5kmDorridge
- 6.5kmWidney Manor
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
