£331,859
This estimated value is based upon the latest sale price for the house of £177,000 on 20 Apr 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Peartree Lane
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| Price Paid | Date |
|---|---|
| £177,000 | 20 Apr 2009 |
| £158,500 | 14 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,610 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 April 2009 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £177,000 results in an estimated price of approximately £331,859.
| 20 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £177,000 | £154,859 | £331,859 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 97.567 % | £172,693 | £349,693 |
| 3 Month Average | 68.796 % | £121,768 | £298,768 |
| 6 Month Average | 67.487 % | £119,452 | £296,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £164,528 | £162,000 | 11 CAUSEWAY ROAD |
| 14 Mar 2024 | £111,716 | £110,000 | 29 CHURCH ROAD |
| 6 Apr 2023 | £193,622 | £190,000 | 30 BROOKLYN GROVE |
| 2 Feb 2023 | £244,634 | £243,000 | 4 BROOKLYN GROVE |
| 31 May 2022 | £169,414 | £165,000 | 44 BROOKLYN GROVE |
This house has a floor area of 149 sq meters or 1,610 sq feet when measured on 15 Dec 2008. Using an estimated price of £331,860 means this house is valued at £2,217 per sq meter (£206 per sq foot).
The average size of a house on PEAR TREE LANE is 138 sq meters (1,495 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Peartree Lane |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Peartree Lane |
| Jun 2024 | Public order | Under investigation | On or near Earl Street |
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Earl Street |
| Apr 2024 | Drugs | Offender given a caution | On or near Earl Street |