£231,868
This estimated value is based upon the latest sale price for the house of £227,500 on 5 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £227,500 | 5 May 2022 |
| £147,000 | 29 Jul 2016 |
| £130,000 | 31 Mar 2014 |
| £147,000 | 6 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £227,500 results in an estimated price of approximately £231,868.
| 5 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £227,500 | £4,368 | £231,868 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | -39.832 % | £-90,617 | £136,882 |
| 3 Month Average | -16.819 % | £-38,262 | £189,237 |
| 6 Month Average | -4.974 % | £-11,315 | £216,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £249,854 | £247,500 | 31 PEARTREE LANE |
| 1 Mar 2023 | £257,425 | £255,000 | 33 PEARTREE LANE |
| 24 Feb 2023 | £94,936 | £95,000 | 14A UNITT DRIVE |
| 30 Nov 2022 | £167,965 | £170,000 | 28 PEARTREE LANE |
| 15 Jul 2022 | £110,297 | £110,000 | 18A UNITT DRIVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 29 Nov 2013. Using an estimated price of £231,869 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on PEARTREE LANE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Peartree Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peartree Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Peartree Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peartree Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peartree Lane |