£82,802
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 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £50,000 results in an estimated price of approximately £82,802.
| 4 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £50,000 | £32,802 | £82,802 |
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 | 80.520 % | £40,259 | £90,259 |
| 3 Month Average | 76.832 % | £38,416 | £88,416 |
| 6 Month Average | 72.723 % | £36,361 | £86,361 |
| 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 42 sq meters or 452 sq feet when measured on 21 Jun 2014. Using an estimated price of £82,803 means this house is valued at £1,971 per sq meter (£183 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 |
|---|---|---|---|
| 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 |