47, Groveland Road
47, Groveland Road
Description & Estimates
The public record describes 47, Groveland Road, Tipton as a modern apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
47, Groveland Road, Tipton has an estimated sale value of £110,236 and an estimated rental value of £693 per month, assuming reasonable condition and based on the information available.
Groveland Road, Tipton, DY4 lies in the borough of Sandwell, within the DY4 postal district.
Our Data Sources
47, Groveland Road, Tipton has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 47, Groveland Road, Tipton would be worth £115,747, with a potential rental value of £728 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £102,519, with a rental value of £644 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 47, Groveland Road, Tipton has decreased by £569 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £9 (1.3%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
47, Groveland Road, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
47, Groveland Road, Tipton last changed hands on 12th March 2004, selling for £64,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Mar 2004£64,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 47, Groveland Road, Tipton across the last 2 years.
Most recently, 79, Anchor Drive, Tipton, DY4 7RD, a leasehold flat, sold at £110,000 on the 19th September 2024.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 47, Groveland Road, Tipton as the 52nd largest and the 42nd most expensive of the 61 addresses on Groveland Road, Tipton, DY4.
Against the DY4 postcode district average, it is £83k less expensive than the typical property.
More reading links
Schools Nearby
- 500mBurnt Tree Primary School
- 500mTividale Community Primary School
- 700mSacred Heart Primary School
- 1.1kmOrmiston Sandwell Community Academy
- 1.7kmQ3 Academy Tipton
- 2.6kmSt James Academy
More reading links
Public Transport Nearby
Dudley Port station is the nearest stop to 47, Groveland Road, Tipton at 800 metres away.
- 800mDudley Port
- 1.7kmTipton
- 2.9kmSandwell & Dudley
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
