£103,293
This estimated value is based upon the latest sale price for the house of £83,000 on 9 Jan 2019. 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 Cumberland Road
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| Price Paid | Date |
|---|---|
| £83,000 | 9 Jan 2019 |
| £96,000 | 13 Nov 2017 |
| £75,500 | 8 Jan 2016 |
| £73,000 | 13 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £83,000 results in an estimated price of approximately £103,293.
| 9 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £83,000 | £20,293 | £103,293 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 20.681 % | £17,165 | £100,165 |
| 3 Month Average | 51.428 % | £42,684 | £125,684 |
| 6 Month Average | 35.402 % | £29,383 | £112,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £131,139 | £130,000 | 11 YORK AVENUE |
| 10 Nov 2023 | £144,159 | £140,500 | 10 FARMBRIDGE WAY |
| 12 Oct 2023 | £158,602 | £155,000 | 30 DURHAM AVENUE |
| 29 Sep 2023 | £84,360 | £82,500 | 61 DURHAM AVENUE |
| 21 Sep 2023 | £119,637 | £117,000 | 9 FARMBRIDGE CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 30 Jan 2015. Using an estimated price of £103,293 means this house is valued at £1,075 per sq meter (£99 per sq foot).
The average size of a house on YORK AVENUE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cumberland Road |
| May 2024 | Burglary | Under investigation | On or near Cumberland Road |
| Apr 2024 | Anti-social behaviour | On or near Cumberland Road | |
| Apr 2024 | Anti-social behaviour | On or near Cumberland Road | |
| Apr 2024 | Anti-social behaviour | On or near Cumberland Road |