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"perceived value of" is correct and usable in written English
You can use it to describe the value of something according to someone's opinion or beliefs. For example, "The perceived value of the product was higher than the actual cost."
Exact(59)
The perceived value of a guarantee can be quite deceiving".
The price also reflected Genentech's perceived value of the drug compared with other cancer treatments.
That's because the perceived value of their degrees continues to rise.
Whether Workaways feel they're getting a good deal depends on their expectations and their perceived value of the work.
Researchers have understood for years that such offers hurt the perceived value of the product billed as the freebie.
The surge in the perceived value of some start-ups has even surprised some entrepreneurs who are benefiting from it.
Recent viewer studies indicate that the perceived value of cable programming far exceeds the actual cost to cable customers.
But the court's decision may have eroded the perceived value of the patents being sold.
The perceived value of Jay-Z as player recruiter never materialized, despite his popularity.
Gradually it became clear that Amazon was undermining the perceived value of all books, digital and paper alike.
Lenders likewise told us they arrived at loan-making decisions based on the perceived value of these add-ons.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com