£110,021
This estimated value is based upon the latest sale price for the house of £71,500 on 31 Jan 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £71,500 | 31 Jan 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 490 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 2008 the House Price Index for WEST MIDLANDS was 95.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.877%.Applying this 53.877% change to the original purchase price of £71,500 results in an estimated price of approximately £110,021.
| 31 Jan 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 146.7 | 53.877 % | £71,500 | £38,521 | £110,021 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 11.793 % | £8,431 | £79,931 |
| 3 Month Average | 34.005 % | £24,313 | £95,813 |
| 6 Month Average | 44.135 % | £31,556 | £103,056 |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 18 May 2009.
The average size of a house on CUMBERLAND ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Rutland Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |