£306,673
This estimated value is based upon the latest sale price for the house of £289,950 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £289,950 | 16 Dec 2021 |
| £174,950 | 5 Jul 2013 |
| £88,950 | 30 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £289,950 results in an estimated price of approximately £306,673.
| 16 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £289,950 | £16,723 | £306,673 |
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 | 21.591 % | £62,602 | £352,552 |
| 3 Month Average | -10.814 % | £-31,356 | £258,593 |
| 6 Month Average | -8.013 % | £-23,232 | £266,717 |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 11 Apr 2013.
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 |