According to the public record, 50, Park Lane East, Tipton is a period house with 1,247 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Lane East, Tipton, DY4 is located in the borough of Sandwell within the DY4 postal district.
50, Park Lane East, Tipton has no records in the Land Registry database and 2 entries in the EPC database, most recently in July 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 50 Park Lane East Tipton as £172,678 and the rental value as £877 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 50 Park Lane East Tipton has increased by £5,710 (3.3%) and its rental value has increased by £54 per month (6.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 50, Park Lane East, Tipton is in very good condition we estimate a sale value of £181,312 and rental value of £921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,590 and a rental value of £816 per month.
If you were able to purchase this property for the estimated value of £172,678, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £849 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 50, Park Lane East, Tipton sits on a plot of 119m2.
We have plot size data on 26 out of 40 other houses in the postcode and 50, Park Lane East, Tipton sits on the 10th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Park Lane East, Tipton within a radius of 151m over the last 2 years.
The most recent example is 22, Wellington Road, Tipton, DY4 8RT, a Freehold house which sold for £160,000 in Jun 2023.
Read more about house prices in DY4.
Park Lane East, Tipton, DY4 has a total of 116 addresses. According to our analysis of all the public data, 50, Park Lane East, Tipton is the 16th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in DY4.
50, Park Lane East, Tipton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jul 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 50, Park Lane East, Tipton is Dudley Port station which is 500 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Park Lane East, Tipton, 38.5% of property is privately owned outright and 29.6% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 50, Park Lane East, Tipton, 29.5% of residents are recorded as possessing school level qualifications and 12.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 50, Park Lane East, Tipton, the average age was 38.1 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 50, Park Lane East, Tipton, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 50, Park Lane East, Tipton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.