You are currently viewing the Solihull site. Find your local Activ site click here »

Home >> property >> The Property Market in Solihull

The Property Market in Solihull

Add News

The Property Market in Solihull

 

Introduction

 

The metropolitan county of West Midlands, in central England, consists of seven metropolitan boroughs, including the City of Birmingham, the second largest city in England, with a population of over 1,000,000, and is home to major attractions such as the National Exhibition Centre. That said, there is a surprisingly diverse choice of places to live within the region, from the hustle and bustle of city centres, to relaxed suburbs, to more tranquil surroundings in rural market towns and villages.The region, nevertheless, has an excellent road and rail network, and Birmingham International Airport is situated just 8 miles from the city centre of Birmingham, itself.

 

Solihull Property Market

 

Solihull is a large, prosperous town situated just 9 miles from Birmingham, but it is not a suburb of Birmingham, per se. Rather, it is rural community, located in the middle of green belt land, but close to the motorway network, and within easy reach of Birmingham, itself, and Coventry. Residential property in Solihull is mainly in the form of semi-detached houses, with an average price of just over £200,000, according to recent figures, and detached houses, with an average price of just over £480,000. There is, of course, a variety of housing types, but little in the way of terraced housing.

 

Popular areas for buying property include the Monkspath district, the largest single housing development in the U.K. in the Eighties, and close to the M42 motorway, and the Chelmsley Wood development, built in the Sixties, to the north of the town centre. There is also a new apartment development in Wharf Lane, within walking distance of Solihull town centre, and therefore within easy reach of Touchwood Court, an award-winning shopping centre opened in 2001, and Solihull Arts Complex, with its 340-seat theatre, art gallery and café bar.

 

In March, 2009, the cost of the average property in the borough of Solihull was £183,422, down 12.8% when compared with the same month the previous year. Property in the metropolitan district has, however, along with Cumbria and Durham properties, amongst others, suffered some of the lowest annual price fall in the country. In fact, there has been every indication, in recent months, that buyers are returning to the market, with an increase of 1% in housing prices, nationally, in March, followed by a fall of just 0.3% in April, followed by a further rise of 1.2% in May, according to the latest figures from the Nationwide Building Society.

 

 

FURTHER INFORMATION FOR REFERENCE

 

Cathedral Lettings

 

Cathedral Lettings are a leading independent residential lettings and property management firm, based in Durham. Cathedral Lettings was established just four years ago, but already we have been recognised with a number of awards; including Top Letting Agent in the North East in the Estate Agent of the Year Awards 2008 and were the first agent in Durham to be accredited by the government-backed National Approved Letting Scheme (NALS).

 

For more information, please visit http://www.cathedrallettings.com/


Comment about this Article


Search Activ Solihull
Sponsored Listings
Browse reviews by categories

See All >>

See All >>

Solihull Local Information
Most Popular Choices
Useful Information
;
Business Directory

Solihull Building & Construction | Solihull Business Opportunities | Solihull Business Services | Solihull Computers & Internet | Solihull Education | Solihull Employment | Solihull Entertainment | Solihull Financial and Legal | Solihull Food and Drink | Solihull Health and Beauty | Solihull Home and Garden | Solihull Manufacturing & Engineering | Solihull Media & Communication | Solihull Motoring | Solihull Public & Social Services | Solihull Shopping | Solihull Sports and Leisure | Solihull Travel & Transport | Solihull Weddings | Solihull Others |

Useful Links

Compare Golf Prices | CountyWedding | Mobility Scooter | Value Homes Abroad | Carasol Properties | Britinfo | Cathedral Lettings | Carasol Web Solutions | GET ON THE WEB SOLIHULL | Simon Rickett | Dillon Boivin

Solihull

A fun and interactiv guide to Solihull. What is Solihull really like?

Find Your Region or Town
Use the dropdown boxes below to find your local region and town and we'll not only find the nearest Activ website but we'll also show you information relevant to your choice.