£158,951
This estimated value is based upon the latest sale price for the house of £90,000 on 9 Mar 2006. 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 | 9 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2006 the House Price Index for WEST MIDLANDS was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £90,000 results in an estimated price of approximately £158,951.
| 9 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £90,000 | £68,951 | £158,951 |
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 | 67.500 % | £60,749 | £150,749 |
| 3 Month Average | 40.745 % | £36,670 | £126,670 |
| 6 Month Average | 55.756 % | £50,179 | £140,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £182,705 | £180,000 | 15 LABURNUM AVENUE |
| 15 Sep 2023 | £180,305 | £178,000 | 12 UNKETTS ROAD |
| 13 Jul 2023 | £253,411 | £250,000 | 6 AWEFIELDS CRESCENT |
| 21 Jun 2023 | £232,820 | £230,000 | 232 LONDONDERRY LANE |
| 28 Apr 2023 | £212,286 | £210,000 | 206 LONDONDERRY LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 29 Oct 2015. Using an estimated price of £158,952 means this house is valued at £1,806 per sq meter (£167 per sq foot).
The average size of a house on PEAR TREE ROAD is 140 sq meters (1,510 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pear Tree Road |
| Feb 2024 | Anti-social behaviour | On or near Pear Tree Road | |
| Feb 2024 | Anti-social behaviour | On or near Pear Tree Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pear Tree Road |
| Dec 2023 | Anti-social behaviour | On or near Pear Tree Road |