According to the public record, 8, Welcombe Grove, Solihull is a mid-century freehold house with 1,948 ft2 of internal area and sits on a 1,216 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Welcombe Grove, Solihull, B91 is located in the borough of Solihull within the B91 postal district.
8, Welcombe Grove, Solihull has a single entry in the Land Registry database from September 2023 and a single entry in the EPC database dated May 2023.
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 8 Welcombe Grove Solihull as £997,109 and the rental value as £2,473 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 8 Welcombe Grove Solihull has increased by £31,311 (3.1%) and its rental value has increased by £68 per month (2.8%).
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 8, Welcombe Grove, Solihull is in very good condition we estimate a sale value of £1,046,965 and rental value of £2,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £927,312 and a rental value of £2,300 per month.
If you were able to purchase this property for the estimated value of £997,109, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,900 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 data from HM Land Registry, 8, Welcombe Grove, Solihull sits on a plot of 1216m2.
We have plot size data on 24 out of 40 other houses in the postcode and 8, Welcombe Grove, Solihull sits on the 2nd largest plot.
According to HM Land Registry, 8, Welcombe Grove, Solihull was last sold on 06 Sep 2023 for £1,045,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Welcombe Grove, Solihull within a radius of 750 metres over the last 2 years.
The most recent example is 45, Welcombe Grove, Solihull, B91 1PD, a Freehold house which sold for £880,000 in Apr 2024.
Read more about house prices in B91.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welcombe Grove, Solihull, B91 has a total of 40 addresses. According to our analysis of all the public data, 8, Welcombe Grove, Solihull is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £469k more expensive than the average property in B91.
8, Welcombe Grove, Solihull has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2023.
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 8, Welcombe Grove, Solihull is Solihull station which is 700 metres 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 8, Welcombe Grove, Solihull, 59.7% of property is privately owned outright and 34.5% is privately owned with a mortgage.
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 8, Welcombe Grove, Solihull, 20.7% of residents are recorded as possessing school level qualifications and 57.7% 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 8, Welcombe Grove, Solihull, the average age was 45.9 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 8, Welcombe Grove, Solihull, 4.3% 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 8, Welcombe Grove, Solihull, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.