£292,702
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 21 Mar 2019 |
| £59,950 | 26 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £240,000 results in an estimated price of approximately £292,702.
| 21 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £240,000 | £52,702 | £292,702 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | -10.588 % | £-25,410 | £214,589 |
| 3 Month Average | 10.794 % | £25,904 | £265,904 |
| 6 Month Average | 10.993 % | £26,383 | £266,383 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 29 Aug 2017.
The average size of a house on LIGHTWOODS ROAD is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Bank Farm Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wythwood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Close |