23, Hopton Close
23, Hopton Close
Description & Estimates
23, Hopton Close, Tipton appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 620 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Hopton Close, Tipton is £108,035 and its rental estimate is £704 per month, given the available information and assuming reasonable condition.
Hopton Close, Tipton, DY4 falls within the DY4 postal district, in the borough of Sandwell.
Our Data Sources
23, Hopton Close, Tipton has 31 entries in the Land Registry , most recently in May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 23, Hopton Close, Tipton, we estimate a market value of £113,437 and a rental value of £739 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,473 and £655 per month respectively.
Recent Market Change
Over the last year, 23, Hopton Close, Tipton has seen its estimated sale value move down by £558 (0.5%) and its estimated rental value increase by £9 per month (1.3%). This results in an estimated gross rental yield of 7.8%.
Sold Prices
The most recent sale of 23, Hopton Close, Tipton completed on 23rd May 2008 at £84,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 31.4% over the period since May 2008.
- Sold May 2008£84,000
- Sold Mar 2005£73,000
- Sold Jun 1998£28,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Hopton Close, Tipton have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2020, was 2, Bagnalls Wharf, Wednesbury, WS10 7EL, a leasehold flat which sold for £90,000.
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
Of the 41 addresses on Hopton Close, Tipton, DY4, 23, Hopton Close, Tipton comes out as the 20th largest and the 41st most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the DY4 district.
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Schools Nearby
- 600mOcker Hill Infant School
- 600mOcker Hill Academy
- 800mMoorcroft Wood Academy
- 500mGospel Oak School
- 1.9kmQ3 Academy Tipton
- 2.2kmGrace Academy Darlaston
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Public Transport Nearby
From 23, Hopton Close, Tipton, the nearest station is Tipton, 2.6 kilometres away.
- 2.6kmTipton
- 2.8kmDudley Port
- 2.9kmCoseley
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
