According to the public record, 74, Masons Way, Solihull is a mid-century leasehold apartment and with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Masons Way, Solihull, B92 is located in the borough of Solihull within the B92 postal district.
74, Masons Way, Solihull has a single entry in the Land Registry database from May 2006 and a single entry in the EPC database dated May 2019.
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 74 Masons Way Solihull as £147,901 and the rental value as £957 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 74 Masons Way Solihull has increased by £5,057 (3.4%) and its rental value has increased by £28 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 74, Masons Way, Solihull is in very good condition we estimate a sale value of £155,296 and rental value of £1,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,548 and a rental value of £890 per month.
If you were able to purchase this property for the estimated value of £147,901, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £727 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, 74, Masons Way, Solihull was last sold on 31 May 2006 for £117,000 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 74, Masons Way, Solihull within a radius of 218m over the last 2 years.
The most recent example is Flat 10, Old Warwick Court, Old Warwick Road, Solihull, B92 7JT, a Leasehold flat which sold for £152,000 in May 2022.
Read more about house prices in B92.
Masons Way, Solihull, B92 has a total of 157 addresses. According to our analysis of all the public data, 74, Masons Way, Solihull is the 113th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in B92.
74, Masons Way, Solihull has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2019.
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 74, Masons Way, Solihull is Olton station which is 300 m 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 74, Masons Way, Solihull, 29.0% of property is privately owned with a mortgage and 27.6% is socially 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 74, Masons Way, Solihull, 21.9% of residents are recorded as possessing school level qualifications and 33.5% 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 74, Masons Way, Solihull, the average age was 42.9 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 74, Masons Way, 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 74, Masons Way, Solihull, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.