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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Mills Walk, Tipton is £93,348 and the estimated rental value is £656 per month.
Mills Walk, Tipton, DY4 is located in the borough of Sandwell within the DY4 postal district.
32, Mills Walk, Tipton has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 32, Mills Walk, Tipton is in very good condition we estimate a sale value of £98,015 and a rental value of £688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,813 and a rental value of £610 per month.
Over the last 12 months the sale value of 32 Mills Walk Tipton has decreased by an estimated £482 (0.5%) and its rental value has increased by an estimated £8 per month (1.3%), giving an expected gross yield of 8.4%.
32, Mills Walk, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Mills Walk, Tipton was last sold on 20th December 2023 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has risen 26.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 32, Mills Walk, Tipton within a radius of 530 metres over the last 2 years.
The most recent example is 34, Mills Walk, Tipton, DY4 9HN, a leasehold flat which sold for £68,000 on the 24th June 2022.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mills Walk, Tipton, DY4 has a total of 32 addresses. According to our analysis of all the public data, 32, Mills Walk, Tipton is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in DY4.
The closest station to 32, Mills Walk, Tipton is Tipton station which is 900 metres 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 32, Mills Walk, Tipton, 39.8% of property is socially rented and 29.3% is privately owned outright.
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 32, Mills Walk, Tipton, 17.5% 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 32, Mills Walk, 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 32, Mills Walk, 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 32, Mills Walk, Tipton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.