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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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According to the public record, 21, Oak Close, Tipton is a mid-century leasehold apartment with 473 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 21, Oak Close, Tipton is £79,909 and the estimated rental value is £627 per month.
Oak Close, Tipton, DY4 is located in the borough of Sandwell within the DY4 postal district.
21, Oak Close, Tipton has 3 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated December 2023.
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.
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 21, Oak Close, Tipton is in very good condition we estimate a sale value of £83,905 and a rental value of £658 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,316 and a rental value of £583 per month.
Over the last 12 months the sale value of 21 Oak Close Tipton has increased by an estimated £426 (0.5%) and its rental value has increased by an estimated £12 per month (1.9%), giving an expected gross yield of 9.4%.
21, Oak Close, Tipton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Dec 2023.
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, 21, Oak Close, Tipton was last sold on 14th October 2016 for £60,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2016, the market for similar properties has risen 82.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Oak Close, Tipton within a radius of 620 metres over the last 2 years.
The most recent example is 23, Oak Close, Tipton, DY4 0AY, a leasehold flat which sold for £77,500 on the 14th October 2022.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Close, Tipton, DY4 has a total of 24 addresses. According to our analysis of all the public data, 21, Oak Close, Tipton is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in DY4.
The closest station to 21, Oak Close, Tipton is Tipton station which is 2.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Oak Close, Tipton, 49.6% of property is privately owned outright and 23.1% is privately rented.
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 21, Oak Close, Tipton, 10.3% of residents are recorded as possessing school level qualifications and 15.2% 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 21, Oak Close, 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 21, Oak Close, Tipton, 0.9% 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 21, Oak Close, Tipton, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
