£106,519
This estimated value is based upon the latest sale price for the house of £85,000 on 1 Mar 2018. 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 Street
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| Price Paid | Date |
|---|---|
| £85,000 | 1 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £85,000 results in an estimated price of approximately £106,519.
| 1 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £85,000 | £21,519 | £106,519 |
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 | 26.679 % | £22,677 | £107,677 |
| 3 Month Average | 22.424 % | £19,060 | £104,060 |
| 6 Month Average | 23.111 % | £19,644 | £104,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £151,943 | £150,000 | 36F KING STREET |
| 19 Jun 2023 | £278,372 | £275,000 | FLAT 11 PEARSON STREET |
| 9 Jun 2023 | £194,860 | £192,500 | THE WHITE HOUSE PEARSON STREET |
| 5 Jun 2023 | £156,901 | £155,000 | 10A CARELESS GREEN |
| 2 Jun 2023 | £288,495 | £285,000 | 5 PERRINS LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 Sep 2017. Using an estimated price of £106,519 means this house is valued at £1,170 per sq meter (£108 per sq foot).
The average size of a house on PEARSON STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pearson Street |
| Jan 2024 | Anti-social behaviour | On or near Pearson Street | |
| Jan 2024 | Anti-social behaviour | On or near Pearson Street | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Pearson Street |
| Jan 2024 | Anti-social behaviour | On or near Pearson Street |