£246,496
This estimated value is based upon the latest sale price for the house of £232,500 on 17 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £232,500 | 17 Jan 2022 |
| £185,000 | 24 Aug 2017 |
| £147,000 | 17 Jun 2005 |
| £125,000 | 6 Sep 2002 |
| £53,000 | 14 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £232,500 results in an estimated price of approximately £246,496.
| 17 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £232,500 | £13,996 | £246,496 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -47.897 % | £-111,359 | £121,140 |
| 3 Month Average | 6.945 % | £16,146 | £248,646 |
| 6 Month Average | 0.215 % | £498 | £232,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £190,000 | £190,000 | 127 LIGHTWOODS ROAD |
| 28 Mar 2024 | £269,135 | £265,000 | 65 MILCOTE ROAD |
| 20 Oct 2023 | £235,345 | £230,000 | 139 LIGHTWOODS ROAD |
| 20 Apr 2022 | £280,104 | £270,000 | 153 LIGHTWOODS ROAD |
| 3 Feb 2022 | £298,449 | £282,500 | 101 LIGHTWOODS ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Jul 2021. Using an estimated price of £246,496 means this house is valued at £2,622 per sq meter (£243 per sq foot).
The average size of a house on LIGHTWOODS ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Sherwood Road | |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Sherwood Road |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Sherwood Road |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Sherwood Road |
| May 2024 | Criminal damage and arson | Under investigation | On or near Sherwood Road |