According to the public record, 116, Loynells Road, Birmingham is a mid-century freehold house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Loynells Road, Rednal, Birmingham, B45 is located in the borough of Birmingham within the B45 postal district.
116, Loynells Road, Birmingham has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated August 2022.
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 116 Loynells Road Birmingham as £265,456 and the rental value as £1,226 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 116 Loynells Road Birmingham has increased by £13,136 (4.9%) and its rental value has increased by £42 per month (3.4%).
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 116, Loynells Road, Birmingham is in very good condition we estimate a sale value of £278,728 and rental value of £1,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,874 and a rental value of £1,140 per month.
If you were able to purchase this property for the estimated value of £265,456, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,305 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 HM Land Registry, 116, Loynells Road, Birmingham was last sold on 15 Feb 2023 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Loynells Road, Birmingham within a radius of 580 metres over the last 2 years.
The most recent example is 92, Loynells Road, Birmingham, B45 9NR, a Freehold house which sold for £267,500 in Dec 2023.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loynells Road, Rednal, Birmingham, B45 has a total of 120 addresses. According to our analysis of all the public data, 116, Loynells Road, Birmingham is the 77th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in B45.
116, Loynells Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2022.
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 116, Loynells Road, Birmingham is Longbridge station which is 1.8 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 116, Loynells Road, Birmingham, 47.8% of property is privately owned outright and 43.2% 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 116, Loynells Road, Birmingham, 17.4% of residents are recorded as possessing school level qualifications and 28.5% 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 116, Loynells Road, Birmingham, the average age was 38.8 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 116, Loynells Road, Birmingham, 0.4% 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 116, Loynells Road, Birmingham, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.