49, Groveland Road
49, Groveland Road
Description & Estimates
49, Groveland Road, Tipton is recorded publicly as a modern leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 49, Groveland Road, Tipton is £97,792 and its rental estimate is £661 per month, given the available information and assuming reasonable condition.
Groveland Road, Tipton, DY4 falls within the DY4 postal district, in the borough of Sandwell.
Our Data Sources
49, Groveland Road, Tipton has 2 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated June 2014.
We combine this information with that 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
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 49, Groveland Road, Tipton, we estimate a market value of £102,681 and a rental value of £694 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £90,946 and £615 per month respectively.
Recent Market Change
Over the last year, 49, Groveland Road, Tipton has seen its estimated sale value decrease by £505 (0.5%) and its estimated rental value grow by £9 per month (1.3%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
49, Groveland Road, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 49, Groveland Road, Tipton completed on 12th December 2014 at £30,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 97.2% over the period since December 2014.
- Sold Dec 2014£30,000
- Sold Dec 2007£52,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 49, Groveland Road, Tipton have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was 35, Groveland Road, Tipton, DY4 7TB, a leasehold flat which sold for £100,000.
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 61 addresses on Groveland Road, Tipton, DY4, 49, Groveland Road, Tipton comes out as the 59th largest and the 49th most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the DY4 district.
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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
From 49, Groveland Road, Tipton, the nearest station is Dudley Port, 800 metres away.
- 800mDudley Port
- 1.7kmTipton
- 2.9kmSandwell & Dudley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
