According to the public record, 55, Greenland Rise, Solihull is a mid-century apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Greenland Rise, Solihull, B92 is located in the borough of Solihull within the B92 postal district.
55, Greenland Rise, Solihull has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2023.
We combine this information with public data 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 55 Greenland Rise Solihull as £194,112 and the rental value as £1,056 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 55 Greenland Rise Solihull has increased by £7,397 (3.8%) and its rental value has increased by £39 per month (3.7%).
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 55, Greenland Rise, Solihull is in very good condition we estimate a sale value of £203,817 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,524 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £194,112, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £954 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, 55, Greenland Rise, Solihull was last sold on 26 Jan 1996 for £40,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Greenland Rise, Solihull within a radius of 121m over the last 2 years.
The most recent example is 75, Walsgrave Drive, Solihull, B92 9PP, a Leasehold flat which sold for £170,000 in Jul 2023.
Read more about house prices in B92.
Greenland Rise, Solihull, B92 has a total of 44 addresses. According to our analysis of all the public data, 55, Greenland Rise, Solihull is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in B92.
55, Greenland Rise, Solihull has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 55, Greenland Rise, Solihull is Solihull station which is 2.1 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 55, Greenland Rise, Solihull, 40.7% of property is privately owned outright and 34.2% 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 55, Greenland Rise, Solihull, 14.4% of residents are recorded as possessing school level qualifications and 28.9% 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 55, Greenland Rise, 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 55, Greenland Rise, Solihull, 0.8% 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 55, Greenland Rise, Solihull, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.