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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 1, Lorne Street, Tipton as a mid-century apartment with 491 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1, Lorne Street, Tipton has an estimated sale value of £84,930 and an estimated rental value of £643 per month, assuming reasonable condition and based on the information available.
Lorne Street, Tipton, DY4 lies in the borough of Sandwell, within the DY4 postal district.
1, Lorne Street, Tipton has no records in the the Land Registry and a single entry in the EPC database dated September 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 1, Lorne Street, Tipton would be worth £89,177, with a potential rental value of £675 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £78,985, with a rental value of £598 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Lorne Street, Tipton has fallen by £439 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £8 (1.3%). The property's estimated gross yield is currently 9.1%.
1, Lorne Street, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Sep 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 1, Lorne Street, Tipton across the last 2 years.
Most recently, 24, Adams Close, Tipton, DY4 9LJ, a leasehold flat, sold at £36,000 on the 10th July 2023.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Lorne Street, Tipton as the 16th largest and the 17th most expensive of the 18 addresses on Lorne Street, Tipton, DY4.
Against the DY4 postcode district average, it is £109k less expensive than the typical property.
Coseley station is the nearest stop to 1, Lorne Street, Tipton at 1.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Lorne Street, Tipton, 45.1% of property is socially rented and 22.5% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands 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 1, Lorne Street, Tipton, 21.0% of residents are recorded as possessing school level qualifications and 13.8% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Lorne Street, Tipton, the average age was 38.5 and the most common age was 27.
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 1, Lorne Street, 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 1, Lorne Street, Tipton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
