5, Watery Lane
5, Watery Lane
Description & Estimates
5, Watery Lane, Tipton appears in the public record as a freehold house sitting on a 276 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 994 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 5, Watery Lane, Tipton is £255,567 and its rental estimate is £1,127 per month, given the available information and assuming reasonable condition.
Watery Lane, Tipton, DY4 falls within the DY4 postal district, in the borough of Sandwell.
Our Data Sources
5, Watery Lane, Tipton has 41 entries in the Land Registry , most recently in February 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Watery Lane, Tipton, we estimate a market value of £268,345 and a rental value of £1,184 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,677 and £1,048 per month respectively.
Recent Market Change
Over the last year, 5, Watery Lane, Tipton has seen its estimated sale value rise by £7,218 (2.8%) and its estimated rental value move up by £51 per month (4.5%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 5, Watery Lane, Tipton as measuring 276 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Watery Lane, Tipton completed on 12th February 2021 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 28.8% over the period since February 2021.
- Sold Feb 2021£180,000
- Sold Sep 2017£138,000
- Sold Jun 2005£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Watery Lane, Tipton have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th March 2025, was 22, Waterloo Street East, Tipton, DY4 8NG, a freehold house which sold for £235,000.
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 3 addresses on Watery Lane, Tipton, DY4, 5, Watery Lane, Tipton comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £62k more expensive than the average property across the DY4 district.
More reading links
Schools Nearby
- 400mSilvertrees Academy
- 500mTipton Green Junior School
- 500mSt Pauls Church of England Academy
- 900mQ3 Academy Tipton
- 2.5kmGospel Oak School
- 2.5kmOrmiston Sandwell Community Academy
More reading links
Public Transport Nearby
From 5, Watery Lane, Tipton, the nearest station is Tipton, 300 metres away.
- 300mTipton
- 900mDudley Port
- 2.5kmCoseley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
