According to the public record, 15, Clarks Lane, Solihull is a modern leasehold apartment and with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Clarks Lane, Shirley, Solihull, B90 is located in the borough of Solihull within the B90 postal district.
15, Clarks Lane, Solihull has 21 entries in the Land Registry database, most recently in July 2021 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Clarks Lane Solihull as £170,722 and the rental value as £1,072 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 15 Clarks Lane Solihull has increased by £7,216 (4.2%) and its rental value has increased by £49 per month (4.5%).
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 15, Clarks Lane, Solihull is in very good condition we estimate a sale value of £179,258 and rental value of £1,126 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,771 and a rental value of £997 per month.
If you were able to purchase this property for the estimated value of £170,722, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £839 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 15, Clarks Lane, Solihull was last sold on 30 Jul 2021 for £153,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Clarks Lane, Solihull within a radius of 53m over the last 2 years.
The most recent example is 42, Ledwell, Solihull, B90 1SL, a Leasehold flat which sold for £160,000 in May 2024.
Read more about house prices in B90.
Clarks Lane, Shirley, Solihull, B90 has a total of 20 addresses. According to our analysis of all the public data, 15, Clarks Lane, Solihull is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in B90.
15, Clarks Lane, Solihull has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Clarks Lane, Solihull is Whitlocks End station which is 1.3 km away.
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 15, Clarks Lane, Solihull, 45.1% of property is privately owned with a mortgage and 37.7% is privately rented.
The graph below shows how this compares to Greater London 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 15, Clarks Lane, Solihull, 24.0% of residents are recorded as possessing school level qualifications and 50.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Clarks Lane, Solihull, the average age was 38.6 and the most common age was 32.
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 15, Clarks Lane, Solihull, 0.4% 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 15, Clarks Lane, Solihull, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.