£83,636
This estimated value is based upon the latest sale price for the house of £50,000 on 4 Sep 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 4 Sep 2013 |
| £25,200 | 6 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2013 the House Price Index for WEST MIDLANDS was 60.5.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 67.273%.Applying this 67.273% change to the original purchase price of £50,000 results in an estimated price of approximately £83,636.
| 4 Sep 2013 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.5 | 101.2 | 67.273 % | £50,000 | £33,636 | £83,636 |
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 | 84.708 % | £42,354 | £92,354 |
| 3 Month Average | 71.849 % | £35,924 | £85,924 |
| 6 Month Average | 69.542 % | £34,770 | £84,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £236,884 | £231,500 | 14 LANGDALE DRIVE |
| 26 Jul 2024 | £329,488 | £322,000 | 67 PROUDS LANE |
| 10 May 2024 | £265,510 | £260,000 | 33 CENTRAL AVENUE |
| 25 Mar 2022 | £200,292 | £190,000 | 4 LANGDALE DRIVE |
| 16 Feb 2022 | £276,968 | £260,000 | 21 CENTRAL AVENUE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 21 Jun 2014. Using an estimated price of £83,636 means this house is valued at £1,991 per sq meter (£185 per sq foot).
The average size of a house on CUMBERLAND ROAD is 91 sq meters (986 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Anti-social behaviour | On or near Cumberland Road | |
| Jan 2025 | Other theft | Investigation complete; no suspect identified | On or near Cumberland Road |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Road |
| Nov 2024 | Anti-social behaviour | On or near Cumberland Road | |
| Nov 2024 | Anti-social behaviour | On or near Cumberland Road |