£145,560
This estimated value is based upon the latest sale price for the house of £114,000 on 7 Sep 2017. 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
More crime details
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| Price Paid | Date |
|---|---|
| £114,000 | 7 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £114,000 results in an estimated price of approximately £145,560.
| 7 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £114,000 | £31,560 | £145,560 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 109.926 % | £125,315 | £239,315 |
| 3 Month Average | 21.527 % | £24,541 | £138,541 |
| 6 Month Average | 23.228 % | £26,479 | £140,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £227,000 | £227,000 | 73 HEATH LANE |
| 26 Jun 2023 | £198,988 | £195,000 | 6 CUMBERLAND ROAD |
| 1 Jul 2022 | £172,731 | £171,000 | 42 ESSEX AVENUE |
| 17 May 2022 | £89,327 | £87,000 | 158 VICARAGE ROAD |
| 13 May 2022 | £82,140 | £80,000 | 188 VICARAGE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 May 2013. Using an estimated price of £145,561 means this house is valued at £1,712 per sq meter (£159 per sq foot).
The average size of a house on CUMBERLAND ROAD is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cumberland Road |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Cumberland Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cumberland Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Road |