According to the public record, 7, Lambscote Close, Solihull is a mid-century leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lambscote Close, Shirley, Solihull, B90 is located in the borough of Solihull within the B90 postal district.
7, Lambscote Close, Solihull has 21 entries in the Land Registry database, most recently in February 2006 and a single entry in the EPC database dated April 2024.
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 7 Lambscote Close Solihull as £126,841 and the rental value as £783 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 7 Lambscote Close Solihull has increased by £5,187 (4.1%) and its rental value has increased by £22 per month (2.9%).
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 7, Lambscote Close, Solihull is in very good condition we estimate a sale value of £133,183 and rental value of £822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,962 and a rental value of £728 per month.
If you were able to purchase this property for the estimated value of £126,841, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £623 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, 7, Lambscote Close, Solihull was last sold on 27 Feb 2006 for £103,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lambscote Close, Solihull within a radius of 540 metres over the last 2 years.
The most recent example is 44, Lambscote Close, Solihull, B90 1NS, a Leasehold flat which sold for £122,000 in Dec 2023.
Read more about house prices in B90.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambscote Close, Shirley, Solihull, B90 has a total of 60 addresses. According to our analysis of all the public data, 7, Lambscote Close, Solihull is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £240k less expensive than the average property in B90.
7, Lambscote Close, Solihull has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2024.
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 7, Lambscote Close, Solihull is Shirley station which is 1.5 kilometres 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 7, Lambscote Close, Solihull, 31.3% of property is privately owned outright and 28.1% 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 7, Lambscote Close, Solihull, 14.8% of residents are recorded as possessing school level qualifications and 28.3% 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 7, Lambscote Close, Solihull, the average age was 43.4 and the most common age was 57.
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 7, Lambscote Close, Solihull, 0.0% 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 7, Lambscote Close, 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.