£617,399
This estimated value is based upon the latest sale price for the house of £502,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £502,000 | 28 Sep 2018 |
| £355,000 | 20 Aug 2009 |
| £193,000 | 27 Apr 2001 |
| £148,000 | 18 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,260 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £502,000 results in an estimated price of approximately £617,399.
| 28 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £502,000 | £115,399 | £617,399 |
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 | 30.554 % | £153,381 | £655,381 |
| 3 Month Average | 12.480 % | £62,647 | £564,647 |
| 6 Month Average | 10.688 % | £53,653 | £555,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £363,438 | £360,000 | 78 MONMOUTH ROAD |
| 21 Feb 2023 | £567,317 | £570,000 | 208 LIGHTWOODS HILL |
| 18 Jul 2022 | £356,518 | £357,000 | 47 HARBORNE ROAD |
| 15 Jul 2022 | £464,372 | £465,000 | 4 MONMOUTH ROAD |
| 22 Jun 2022 | £383,891 | £380,000 | 80 MONMOUTH ROAD |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 16 May 2018. Using an estimated price of £617,400 means this house is valued at £2,940 per sq meter (£273 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 |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Monmouth Road |
| Feb 2024 | Vehicle crime | 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 |