Join Date: Nov 2006
Location: NJ, NYC, LI
Bikes: 1940s Fothergill, 1959 Allegro Special, 1963? Claud Butler Olympic Sprint, Lambert 'Clubman', 1974 Fuji "the Ace", 1976 Holdsworth 650b conversion rando bike, 1983 Trek 720 tourer, 1984 Counterpoint Opus II, 1993 Basso Gap, 2010 Downtube 8h, and...
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Looks like a pretty old one; but there's a date on the rear hub that'll tell you exactly how old it is. While you're at it, check whether the hub is an AW or SW (or something else). SW hubs appear on some '58 and '59 bikes and have problems.
The Humber was one of Raleigh's alternate high end brands, and I understand one of these cost as much as a Raleigh Sports. Some of the other marques were relegated to cheaper models --Triumph, Phillips, Hercules, Norman, etc-- but not Humber. The unusual fork design is there mainly to distinguish it from a standard Raleigh frame; Rudge had a different fork crown. Inside that chain case you may also have a Humber chain ring, which is pretty cool looking but wasted in a full chain case.
Looks like you have a 21" which is the common size; 19" and 23" also exist but are less common.
I think the price is at the upper end of reasonable. If I were selling this bike, I'd probably go for that much. It's pretty hard to find a men's frame high-end three speed with full chain case. I think that would justify such a price in my area. I don't know if it would sell, though.