52, Park Lane West
52, Park Lane West
Description & Estimates
52, Park Lane West, Tipton is described in the public record as a modern apartment with 1,097 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 52, Park Lane West, Tipton is £85,114 and its rental estimate is £573 per month, given the available information and assuming reasonable condition.
Park Lane West, Tipton, DY4 falls within the DY4 postal district, in the borough of Sandwell.
Our Data Sources
52, Park Lane West, Tipton has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data 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.
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 52, Park Lane West, Tipton, we estimate a market value of £89,369 and a rental value of £602 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,156 and £533 per month respectively.
Recent Market Change
Over the last year, 52, Park Lane West, Tipton has seen its estimated sale value drop by £505 (0.6%) and its estimated rental value rise by £7 per month (1.2%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
52, Park Lane West, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 52, Park Lane West, Tipton have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2022, was 99, Victoria Road, Tipton, DY4 8SS, a leasehold flat which sold for £135,000.
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 108 addresses on Park Lane West, Tipton, DY4, 52, Park Lane West, Tipton comes out as the 3rd largest and the 90th most expensive in our analysis of the public data.
It is also £108k less expensive than the average property across the DY4 district.
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Schools Nearby
- 100mTipton Green Junior School
- 200mSilvertrees Academy
- 600mSacred Heart Primary School
- 1.4kmQ3 Academy Tipton
- 2.1kmSt James Academy
- 2.4kmOrmiston Sandwell Community Academy
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Public Transport Nearby
From 52, Park Lane West, Tipton, the nearest station is Tipton, 700 metres away.
- 700mTipton
- 1.1kmDudley Port
- 2.6kmCoseley
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.
