£130,693
This estimated value is based upon the latest sale price for the house of £90,000 on 24 Jun 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 24 Jun 2015 |
| £57,000 | 17 Nov 2000 |
| £35,000 | 12 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 June 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £90,000 results in an estimated price of approximately £130,693.
| 24 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £90,000 | £40,693 | £130,693 |
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 | 73.240 % | £65,916 | £155,916 |
| 3 Month Average | 35.294 % | £31,764 | £121,764 |
| 6 Month Average | 53.642 % | £48,277 | £138,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2022 | £278,046 | £270,000 | 153 LIGHTWOODS ROAD |
| 3 Feb 2022 | £296,256 | £282,500 | 101 LIGHTWOODS ROAD |
| 1 Feb 2022 | £262,174 | £250,000 | 148 LIGHTWOODS ROAD |
| 17 Jan 2022 | £244,685 | £232,500 | 132 LIGHTWOODS ROAD |
| 16 Dec 2021 | £310,646 | £289,950 | 141 LIGHTWOODS ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Aug 2015. Using an estimated price of £130,693 means this house is valued at £2,042 per sq meter (£189 per sq foot).
The average size of a house on LIGHTWOODS ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sherwood Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sherwood Road |
| Jan 2024 | Possession of weapons | Under investigation | On or near Sherwood Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherwood Road |