According to the public record, The Bungalow, Tamworth is a period freehold house and with 3,056 ft2 of internal area and sits on a 709 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Park Lane, Bonehill, Tamworth, B78 is located in the borough of Lichfield within the B78 postal district.
The Bungalow, Tamworth has 2 entries in the Land Registry database, most recently in July 2020 and 2 entries in the EPC database, most recently in November 2014.
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 The Bungalow Tamworth as £603,623 and the rental value as £2,261 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of The Bungalow Tamworth has decreased by £717 (0.1%) and its rental value has increased by £69 per month (3.1%).
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 The Bungalow, Tamworth is in very good condition we estimate a sale value of £633,804 and rental value of £2,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,369 and a rental value of £2,103 per month.
If you were able to purchase this property for the estimated value of £603,623, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,967 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, The Bungalow, Tamworth sits on a plot of 709m2.
We have plot size data on 23 out of 38 other houses in the postcode and The Bungalow, Tamworth sits on the 12th largest plot.
According to HM Land Registry, The Bungalow, Tamworth was last sold on 17 Jul 2020 for £655,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Bungalow, Tamworth within a radius of 414m over the last 2 years.
The most recent example is 401, Watling Street, Tamworth, B78 3ND, a Freehold house which sold for £765,000 in Jul 2022.
Read more about house prices in B78.
Park Lane, Bonehill, Tamworth, B78 has a total of 85 addresses. According to our analysis of all the public data, The Bungalow, Tamworth is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £333k more expensive than the average property in B78.
The Bungalow, Tamworth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to The Bungalow, Tamworth is Wilnecote (Staffs) station which is 2.6 km 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 The Bungalow, Tamworth, 51.8% of property is privately owned outright and 38.0% is privately owned with a mortgage.
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 The Bungalow, Tamworth, 12.5% of residents are recorded as possessing school level qualifications and 30.2% 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 The Bungalow, Tamworth, the average age was 41.5 and the most common age was 22.
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 The Bungalow, Tamworth, 1.1% 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 The Bungalow, Tamworth, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.