According to the public record, 6, Monk Close, Tipton is a mid-century apartment with 726 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Monk Close, Tipton, DY4 is located in the borough of Sandwell within the DY4 postal district.
6, Monk Close, Tipton has no records in the Land Registry database and a single entry in the EPC database dated 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 6 Monk Close Tipton as £88,858 and the rental value as £590 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 6 Monk Close Tipton has increased by £948 (1.1%) and its rental value has increased by £23 per month (3.9%).
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 6, Monk Close, Tipton is in very good condition we estimate a sale value of £93,301 and rental value of £620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,638 and a rental value of £549 per month.
If you were able to purchase this property for the estimated value of £88,858, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £437 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Monk Close, Tipton within a radius of 436m over the last 2 years.
The most recent example is 79, Latham Crescent, Tipton, DY4 8XD, a Leasehold flat which sold for £60,000 in Nov 2015.
Read more about house prices in DY4.
Monk Close, Tipton, DY4 has a total of 29 addresses. According to our analysis of all the public data, 6, Monk Close, Tipton is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in DY4.
6, Monk Close, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 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 6, Monk Close, Tipton is Dudley Port station which is 700 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 6, Monk Close, Tipton, 85.3% of property is socially rented and 5.4% is privately owned outright.
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 6, Monk Close, Tipton, 6.6% of residents are recorded as possessing school level qualifications and 14.3% 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 6, Monk Close, Tipton, the average age was 36.3 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 6, Monk Close, 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 6, Monk Close, Tipton, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.