£112,271
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 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £71,500 results in an estimated price of approximately £112,271.
| 31 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 149.7 | 57.023 % | £71,500 | £40,771 | £112,271 |
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 | 91.818 % | £65,649 | £137,149 |
| 3 Month Average | 61.637 % | £44,070 | £115,570 |
| 6 Month Average | 60.157 % | £43,011 | £114,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £171,439 | £169,950 | 32 LANGDALE DRIVE |
| 25 Aug 2023 | £281,069 | £276,000 | 19 RUTLAND CRESCENT |
| 25 Mar 2022 | £198,347 | £190,000 | 4 LANGDALE DRIVE |
| 16 Feb 2022 | £274,679 | £260,000 | 21 CENTRAL AVENUE |
| 19 Nov 2021 | £220,628 | £202,500 | 31 CENTRAL AVENUE |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 18 May 2009. Using an estimated price of £112,272 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on CUMBERLAND ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cumberland Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Cumberland Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Langdale Drive |