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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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Public records show 38, Vernon Avenue, Tipton to be a mid-century leasehold apartment with 1,033 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
38, Vernon Avenue, Tipton has an estimated sale value of £76,431 and an estimated rental value of £515 per month, assuming reasonable condition and based on the information available.
Vernon Avenue, Tipton, DY4 lies in the borough of Sandwell, within the DY4 postal district.
38, Vernon Avenue, Tipton has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated September 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.
In very good condition, we estimate 38, Vernon Avenue, Tipton would be worth £80,253, with a potential rental value of £540 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £71,081, with a rental value of £479 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 38, Vernon Avenue, Tipton has dropped by £453 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £6 (1.2%). The property's estimated gross yield is currently 8.1%.
38, Vernon Avenue, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
38, Vernon Avenue, Tipton last changed hands on 8th December 2022, selling for £53,802. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 38.9% since December 2022.
Land Registry records and our Estate Agent network show 3 sales within 570 metres of 38, Vernon Avenue, Tipton across the last 2 years.
Most recently, 60A, Dudley Road, Tipton, DY4 8EF, a freehold house, sold at £95,000 on the 30th March 2020.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 38, Vernon Avenue, Tipton as the 4th largest and the 29th most expensive of the 46 addresses on Vernon Avenue, Tipton, DY4.
Against the DY4 postcode district average, it is £117k less expensive than the typical property.
Tipton station is the nearest stop to 38, Vernon Avenue, Tipton at 900 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Vernon Avenue, Tipton, 46.9% of property is socially rented and 22.8% 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 38, Vernon Avenue, Tipton, 20.7% of residents are recorded as possessing school level qualifications and 10.6% 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 38, Vernon Avenue, Tipton, the average age was 38.1 and the most common age was 52.
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 38, Vernon Avenue, Tipton, 0.3% 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 38, Vernon Avenue, Tipton, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
