182, Park Lane West
182, Park Lane West
Description & Estimates
The public record describes 182, Park Lane West, Tipton as a mid-century apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
182, Park Lane West, Tipton has an estimated sale value of £73,071 and an estimated rental value of £519 per month, assuming reasonable condition and based on the information available.
Park Lane West, Tipton, DY4 lies in the borough of Sandwell, within the DY4 postal district.
Our Data Sources
182, Park Lane West, Tipton has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 182, Park Lane West, Tipton would be worth £76,724, with a potential rental value of £545 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £67,956, with a rental value of £483 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 182, Park Lane West, Tipton has declined by £377 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £7 (1.3%). The property's estimated gross yield is currently 8.5%.
Energy Efficiency
182, Park Lane West, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 182, Park Lane West, Tipton across the last 2 years.
Most recently, 184, Park Lane West, Tipton, DY4 8LD, a leasehold flat, sold at £83,000 on the 29th March 2022.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 182, Park Lane West, Tipton as the 56th largest and the 94th most expensive of the 108 addresses on Park Lane West, Tipton, DY4.
Against the DY4 postcode district average, it is £120k less expensive than the typical property.
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Schools Nearby
- 200mSilvertrees Academy
- 200mTipton Green Junior School
- 700mSt Pauls Church of England Academy
- 1.5kmQ3 Academy Tipton
- 2.0kmSt James Academy
- 2.3kmBishop Milner Catholic College
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Public Transport Nearby
Tipton station is the nearest stop to 182, Park Lane West, Tipton at 500 metres away.
- 500mTipton
- 1.4kmDudley Port
- 2.3kmCoseley
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
