£106,953
This estimated value is based upon the latest sale price for the house of £70,000 on 31 Jul 2014. 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 Pearson Avenue
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| Price Paid | Date |
|---|---|
| £70,000 | 31 Jul 2014 |
| £52,000 | 2 Aug 2004 |
| 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £70,000 results in an estimated price of approximately £106,953.
| 31 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £70,000 | £36,953 | £106,953 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 36.410 % | £25,487 | £95,487 |
| 3 Month Average | 61.728 % | £43,209 | £113,209 |
| 6 Month Average | 64.316 % | £45,021 | £115,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £161,522 | £160,000 | 104 PEARSON AVENUE |
| 24 Feb 2023 | £45,469 | £45,500 | 9 SHIRE CLOSE |
| 19 Jul 2022 | £176,475 | £176,000 | 38 PEARSON AVENUE |
| 13 Nov 2020 | £260,855 | £225,000 | 93 BERKSWELL ROAD |
| 30 Sep 2020 | £184,044 | £155,000 | 100 PEARSON AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 3 Aug 2018. Using an estimated price of £106,953 means this house is valued at £1,671 per sq meter (£155 per sq foot).
The average size of a house on PEARSON AVENUE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Pearson Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Pearson Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Pearson Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pearson Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pearson Avenue |