£248,775
This estimated value is based upon the latest sale price for the house of £164,950 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £164,950 | 24 Oct 2014 |
| £124,950 | 16 Mar 2004 |
| £56,950 | 2 Dec 1997 |
| Semi-Detached |
| Freehold |
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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £164,950 results in an estimated price of approximately £248,775.
| 24 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £164,950 | £83,825 | £248,775 |
The Postcode Pricing Model uses changes in average sales price within the B45 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 | 53.123 % | £87,625 | £252,575 |
| 3 Month Average | 19.353 % | £31,922 | £196,872 |
| 6 Month Average | 43.375 % | £71,547 | £236,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £242,102 | £240,000 | 54 LOYNELLS ROAD |
| 15 Dec 2023 | £275,980 | £267,500 | 92 LOYNELLS ROAD |
| 5 Sep 2023 | £242,097 | £236,760 | 88 LOYNELLS ROAD |
| 5 Sep 2023 | £174,855 | £171,000 | 1878 BRISTOL ROAD SOUTH |
| 19 Jun 2023 | £250,010 | £245,000 | 62 LOYNELLS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Loynells Road |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Loynells Road |
| Jul 2024 | Criminal damage and arson | Offender given a caution | On or near Loynells Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Traceys Meadow |