£175,245
This estimated value is based upon the latest sale price for the house of £31,000 on 31 Jul 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Lyncroft Road
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| Price Paid | Date |
|---|---|
| £31,000 | 31 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in July 1995 the House Price Index for WEST MIDLANDS was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 465.309%.Applying this 465.309% change to the original purchase price of £31,000 results in an estimated price of approximately £175,245.
| 31 Jul 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 465.309 % | £31,000 | £144,245 | £175,245 |
The Postcode Pricing Model uses changes in average sales price within the B11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 334.323 % | £103,640 | £134,640 |
| 3 Month Average | 311.105 % | £96,442 | £127,442 |
| 6 Month Average | 338.320 % | £104,879 | £135,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £207,655 | £205,000 | 104 SPRINGCROFT ROAD |
| 25 Aug 2023 | £232,030 | £230,000 | 44 LYNCROFT ROAD |
| 13 Jun 2023 | £202,452 | £200,000 | 61 ALLCROFT ROAD |
| 17 Mar 2023 | £225,121 | £223,000 | 48 LYNCROFT ROAD |
| 3 Feb 2023 | £154,896 | £155,000 | 48 SPRINGCROFT ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Jan 2014. Using an estimated price of £175,246 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on LYNCROFT ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lyncroft Road | |
| Jan 2024 | Anti-social behaviour | On or near Lyncroft Road | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lyncroft Road |
| Jan 2024 | Anti-social behaviour | On or near Lyncroft Road | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Lyncroft Road |