According to the public record, 74, Park Lane East, Tipton is a period freehold house and with 1,033 ft2 of internal area and sits on a 95.1 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.
74, Park Lane East, Tipton has 21 entries in the Land Registry database, most recently in April 2008 and a single entry in the EPC database dated March 2015.
We combine this information with that 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 74 Park Lane East Tipton as £159,457 and the rental value as £847 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 74 Park Lane East Tipton has increased by £5,273 (3.3%) and its rental value has increased by £53 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 74, Park Lane East, Tipton is in very good condition we estimate a sale value of £167,430 and rental value of £889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,295 and a rental value of £788 per month.
If you were able to purchase this property for the estimated value of £159,457, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £784 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, 74, Park Lane East, Tipton sits on a plot of 95m2.
We have plot size data on 26 out of 40 other houses in the postcode and 74, Park Lane East, Tipton sits on the 25th largest plot.
According to HM Land Registry, 74, Park Lane East, Tipton was last sold on 15 Apr 2008 for £95,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2008, the market for similar properties has risen 77.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Park Lane East, Tipton within a radius of 82m over the last 2 years.
The most recent example is 56, Park Lane East, Tipton, DY4 8RP, a Freehold house which sold for £150,000 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, 74, Park Lane East, Tipton is the 44th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in DY4.
74, Park Lane East, Tipton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2015.
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 74, 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 74, 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 74, 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 74, 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 74, 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 74, 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.