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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Prospect Street, Tipton is £215,716 and the estimated rental value is £1,106 per month.
Prospect Street, Tipton, DY4 is located in the borough of Sandwell within the DY4 postal district.
2, Prospect Street, Tipton has a single entry in the Land Registry from November 2015 and a single entry in the EPC database dated August 2015.
We combine this information with that 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.
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 2, Prospect Street, Tipton is in very good condition we estimate a sale value of £226,501 and a rental value of £1,162 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,615 and a rental value of £1,029 per month.
Over the last 12 months the sale value of 2 Prospect Street Tipton has increased by an estimated £4,590 (2.1%) and its rental value has increased by an estimated £40 per month (3.6%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 2, Prospect Street, Tipton sits on a plot of 344m2.
We have plot size data on 12 out of 15 other houses in the postcode and 2, Prospect Street, Tipton sits on the 2nd largest plot.
2, Prospect Street, Tipton has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 14 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Prospect Street, Tipton was last sold on 20th November 2015 for £110,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2015, the market for similar properties has risen 45.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Prospect Street, Tipton within a radius of 550 metres over the last 2 years.
The most recent example is 5, Prospect Street, Tipton, DY4 0EE, a freehold house which sold for £260,000 on the 26th January 2024.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Street, Tipton, DY4 has a total of 41 addresses. According to our analysis of all the public data, 2, Prospect Street, Tipton is the 28th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in DY4.
The closest station to 2, Prospect Street, Tipton is Dudley Port station which is 2.3 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Prospect Street, Tipton, 46.7% of property is privately owned outright and 29.9% 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 2, Prospect Street, Tipton, 12.4% of residents are recorded as possessing school level qualifications and 10.7% 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 2, Prospect Street, Tipton, the average age was 41.6 and the most common age was 32.
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 2, Prospect 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 2, Prospect Street, Tipton, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.