According to the public record, 86, Prospect Lane, Solihull is a mid-century freehold house with 2,809 ft2 of internal area and sits on a 681 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Prospect Lane, Solihull, B91 is located in the borough of Solihull within the B91 postal district.
86, Prospect Lane, Solihull has 41 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated September 2017.
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 86 Prospect Lane Solihull as £986,258 and the rental value as £2,974 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 86 Prospect Lane Solihull has increased by £29,859 (3.0%) and its rental value has increased by £87 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 86, Prospect Lane, Solihull is in very good condition we estimate a sale value of £1,035,571 and rental value of £3,122 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £917,220 and a rental value of £2,765 per month.
If you were able to purchase this property for the estimated value of £986,258, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,847 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, 86, Prospect Lane, Solihull sits on a plot of 681m2.
We have plot size data on 16 out of 21 other houses in the postcode and 86, Prospect Lane, Solihull sits on the 12th largest plot.
According to HM Land Registry, 86, Prospect Lane, Solihull was last sold on 20 Nov 2020 for £800,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2020, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Prospect Lane, Solihull within a radius of 710 metres over the last 2 years.
The most recent example is 37, Ashlawn Crescent, Solihull, B91 1PR, a Freehold house which sold for £975,000 in Sep 2021.
Read more about house prices in B91.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Lane, Solihull, B91 has a total of 102 addresses. According to our analysis of all the public data, 86, Prospect Lane, Solihull is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £458k more expensive than the average property in B91.
86, Prospect Lane, Solihull has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2017.
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 86, Prospect Lane, Solihull is Solihull 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 86, Prospect Lane, Solihull, 51.2% of property is privately owned outright and 41.3% 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 86, Prospect Lane, Solihull, 22.1% of residents are recorded as possessing school level qualifications and 47.2% 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 86, Prospect Lane, Solihull, the average age was 41.9 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 86, Prospect Lane, Solihull, 3.3% 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 86, Prospect Lane, Solihull, there are an average of 2.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.