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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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According to the public record, 5, Laurel Road, Tipton is a early-century freehold house with 753 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Laurel Road, Tipton is £162,367 and the estimated rental value is £950 per month.
Laurel Road, Tipton, DY4 is located in the borough of Sandwell within the DY4 postal district.
5, Laurel Road, Tipton has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated July 2019.
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.
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 5, Laurel Road, Tipton is in very good condition we estimate a sale value of £170,485 and a rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,001 and a rental value of £884 per month.
Over the last 12 months the sale value of 5 Laurel Road Tipton has increased by an estimated £3,455 (2.1%) and its rental value has increased by an estimated £35 per month (3.6%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 5, Laurel Road, Tipton sits on a plot of 165m2.
We have plot size data on 7 out of 29 other houses in the postcode and 5, Laurel Road, Tipton sits on the 6th largest plot.
5, Laurel Road, Tipton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2019.
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, 5, Laurel Road, Tipton was last sold on 29th October 2019 for £99,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has risen 67.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Laurel Road, Tipton within a radius of 470 metres over the last 2 years.
The most recent example is 69, Ivy Road, Tipton, DY4 9QN, a freehold house which sold for £77,600 on the 12th April 2024.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Road, Tipton, DY4 has a total of 55 addresses. According to our analysis of all the public data, 5, Laurel Road, Tipton is the 46th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in DY4.
The closest station to 5, Laurel Road, Tipton is Tipton station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Laurel Road, Tipton, 80.2% of property is socially rented and 12.9% is privately owned with a mortgage.
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 5, Laurel Road, Tipton, 40.0% of residents are recorded as possessing school level qualifications and 11.1% 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 5, Laurel Road, Tipton, the average age was 35.9 and the most common age was 7.
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 5, Laurel Road, 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 5, Laurel Road, Tipton, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
