184, Park Lane West
184, Park Lane West
Description & Estimates
According to the public record, 184, Park Lane West, Tipton is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 184, Park Lane West, Tipton is £71,647 and the estimated rental value is £518 per month.
Park Lane West, Tipton, DY4 is located in the borough of Sandwell within the DY4 postal district.
Our Data Sources
184, Park Lane West, Tipton has 5 entries in the Land Registry , most recently in May 2020 and a single entry in the EPC database dated July 2021.
We combine this information with that 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
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 184, Park Lane West, Tipton is in very good condition we estimate a sale value of £75,229 and a rental value of £543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,632 and a rental value of £481 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 184, Park Lane West, Tipton has declined by £370 (0.5%), while its estimated rental value has climbed by £7 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 8.7%.
Energy Efficiency
184, Park Lane West, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 184, Park Lane West, Tipton was last sold on 15th May 2020 for £39,995 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2020, the market for similar properties has risen by 57.6%.
- Sold May 2020£39,995
- Sold Aug 2017£48,000
- Sold Mar 2016£42,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 184, Park Lane West, Tipton within a radius of 510 metres over the last 2 years.
The most recent example is 1, The Red Lion 172, Park Lane West, Tipton, DY4 8LD, a leasehold flat which sold for £147,500 on the 12th December 2019.
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
Park Lane West, Tipton, DY4 has a total of 108 addresses. According to our analysis of all the public data, 184, Park Lane West, Tipton is the 70th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in DY4.
More reading links
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
More reading links
Public Transport Nearby
The closest station to 184, Park Lane West, Tipton is Tipton station, which is 500 metres away.
- 500mTipton
- 1.4kmDudley Port
- 2.3kmCoseley
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
