£164,462
This estimated value is based upon the latest sale price for the house of £135,000 on 14 May 2020. 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 |
|---|---|
| £135,000 | 14 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £135,000 results in an estimated price of approximately £164,462.
| 14 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £135,000 | £29,462 | £164,462 |
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 | 5.337 % | £7,205 | £142,205 |
| 3 Month Average | 21.183 % | £28,596 | £163,596 |
| 6 Month Average | 22.118 % | £29,858 | £164,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £160,870 | £160,000 | 104 PEARSON AVENUE |
| 24 Feb 2023 | £45,286 | £45,500 | 9 SHIRE CLOSE |
| 19 Jul 2022 | £175,762 | £176,000 | 38 PEARSON AVENUE |
| 30 Sep 2020 | £183,301 | £155,000 | 100 PEARSON AVENUE |
| 24 Jul 2020 | £213,165 | £177,000 | 21 PAULINE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 23 Sep 2019. Using an estimated price of £164,463 means this house is valued at £2,192 per sq meter (£203 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 | 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 |
| Apr 2024 | Burglary | Under investigation | On or near Pearson Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pearson Avenue |