£538,874
This estimated value is based upon the latest sale price for the house of £427,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £427,000 | 6 Oct 2017 |
| £130,000 | 17 Feb 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 203 sq meters or 2,185 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 October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £427,000 results in an estimated price of approximately £538,874.
| 6 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £427,000 | £111,874 | £538,874 |
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 | 37.755 % | £161,215 | £588,215 |
| 3 Month Average | 8.617 % | £36,794 | £463,794 |
| 6 Month Average | 26.331 % | £112,432 | £539,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £374,792 | £370,000 | 72 MONMOUTH ROAD |
| 25 Jul 2023 | £364,911 | £360,000 | 78 MONMOUTH ROAD |
| 21 Feb 2023 | £569,617 | £570,000 | 208 LIGHTWOODS HILL |
| 18 Jul 2022 | £357,964 | £357,000 | 47 HARBORNE ROAD |
| 15 Jul 2022 | £466,255 | £465,000 | 4 MONMOUTH ROAD |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 9 May 2017. Using an estimated price of £538,874 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on LIGHTWOODS HILL is 146 sq meters (1,579 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harborne Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monmouth Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Monmouth Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near A4123 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4123 |