This is basically a request to integrate some of the functionality of File (Field) Paths into core. Here's the file field configuration page, once the module is enabled:

The redirect and active/retractive update bit can be left for contrib (or to be solved by #854); the transliteration bit is already implemented in Backdrop (admin/config/media/file-system); the redirect can be left for a separate issue (or contrib); what I find a valuable feature though is the ability to use tokens for file names and file paths. The later is what this issue here is about.
Original request
There is a feature request for this filed in the File (Field) Paths module issue queue that is marked as "closed/fixed". It states that Entity API exposes this as a token (I think it's the Entity Token sub-module actually):

Looking at our token browser though, the deepest I could get to is [node:field_image].
Recent comments
I tried it and it worked. Thank you very much.
[current-page:title] token in Custom Block
I think if you use the Token Block modules it should work better as it recognises the context it is in.
[current-page:title] token in Custom Block
Thank you, I did clear the cache, but have now realised the hosting platform had its cache service enable.
Maintenance mode not working