142, Park Lane West
142, Park Lane West
Description & Estimates
142, Park Lane West, Tipton is described in the public record as a modern house with 1,980 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 142, Park Lane West, Tipton is £234,222 and its rental estimate is £1,220 per month, given the available information and assuming reasonable condition.
Park Lane West, Tipton, DY4 falls within the DY4 postal district, in the borough of Sandwell.
Our Data Sources
142, Park Lane West, Tipton has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 142, Park Lane West, Tipton, we estimate a market value of £245,933 and a rental value of £1,281 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,826 and £1,135 per month respectively.
Recent Market Change
Over the last year, 142, Park Lane West, Tipton has seen its estimated sale value drop by £2,870 (1.2%) and its estimated rental value rise by £16 per month (1.3%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
142, Park Lane West, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 142, Park Lane West, Tipton completed on 1st October 2004 at £110,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Oct 2004£110,000
- Sold Oct 1999£22,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 610 metres of 142, Park Lane West, Tipton, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2024, was 144, Park Lane West, Tipton, DY4 8LF, a freehold house which sold for £136,000.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 108 addresses on Park Lane West, Tipton, DY4, 142, Park Lane West, Tipton comes out as the largest and the 15th most expensive in our analysis of the public data.
It is also £41k more expensive than the average property across the DY4 district.
More reading links
Schools Nearby
- 100mTipton Green Junior School
- 200mSilvertrees Academy
- 600mSacred Heart Primary School
- 1.4kmQ3 Academy Tipton
- 2.1kmSt James Academy
- 2.4kmOrmiston Sandwell Community Academy
More reading links
Public Transport Nearby
From 142, Park Lane West, Tipton, the nearest station is Tipton, 700 metres away.
- 700mTipton
- 1.1kmDudley Port
- 2.6kmCoseley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
