62, BANBROOK CLOSE, SOLIHULL, B92 9NE - £98,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 BANBROOK CLOSE is a small flat of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £94,324. It was last sold for £98,000 in October 2022, which was around 49% below the average October 2022 flat price in the Solihull local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was C.

62 BANBROOK CLOSE Sold Prices

Land registry data shows three sales for 62 BANBROOK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Solihull local authority area for the corresponding sale date. All of the three 62 BANBROOK CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 OCT	£98,000	£192,661	49% below HPI
2016 16 MAR	£120,000	£138,953	14% below HPI
2012 11 DEC	£97,000	£115,106	16% below HPI

What might 62 BANBROOK CLOSE be worth now?

62 BANBROOK CLOSE might now be worth an estimated £94,324.

This is based on house price deflation of 3.8%, between October 2022 and May 2026, for flats, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% deflationary decrease is applied to the most recent sale price for 62 BANBROOK CLOSE of £98,000 on 28th October 2022. For the value to have decreased from £98,000 to £94,324 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 62 BANBROOK CLOSE has moved in line with the HPI for flats in the Solihull local authority area.
• The October 2022 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 62 BANBROOK CLOSE has not materially changed since October 2022.

How Large is 62 BANBROOK CLOSE?

62 BANBROOK CLOSE is 55m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of flats in Solihull, based on EPC data. 26% of flats are smaller than 62 BANBROOK CLOSE, and 71% of flats are larger. Note that EPC data is not available for all properties in Solihull.

62 BANBROOK CLOSE: Plot

62 BANBROOK CLOSE sits on a plot of roughly 0.144 of an acre, or 583m².

Where is 62 BANBROOK CLOSE?

62 BANBROOK CLOSE is located in SOLIHULL, in the B92 postcode district.