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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
7, Old Canal Walk, Tipton is recorded publicly as a mid-century leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Old Canal Walk, Tipton is £87,271 and its rental estimate is £645 per month, given the available information and assuming reasonable condition.
Old Canal Walk, Tipton, DY4 falls within the DY4 postal district, in the borough of Sandwell.
7, Old Canal Walk, Tipton has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated October 2018.
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.
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 7, Old Canal Walk, Tipton, we estimate a market value of £91,635 and a rental value of £677 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £81,162 and £600 per month respectively.
Over the last year, 7, Old Canal Walk, Tipton has seen its estimated sale value decrease by £451 (0.5%) and its estimated rental value grow by £8 per month (1.3%). This results in an estimated gross rental yield of 8.9%.
7, Old Canal Walk, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7, Old Canal Walk, Tipton completed on 26th April 2019 at £47,116 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 84.2% over the period since April 2019.
Over the past 2 years 3 properties similar to 7, Old Canal Walk, Tipton have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st March 2024, was 20, Lower Church Lane, Tipton, DY4 7PF, a leasehold flat which sold for £85,500.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Old Canal Walk, Tipton, DY4, 7, Old Canal Walk, Tipton comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the DY4 district.
From 7, Old Canal Walk, Tipton, the nearest station is Dudley Port, 300 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Old Canal Walk, Tipton, 46.9% of property is socially rented and 21.1% 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 7, Old Canal Walk, Tipton, 23.1% of residents are recorded as possessing school level qualifications and 18.8% 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 7, Old Canal Walk, Tipton, the average age was 38.1 and the most common age was 52.
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 7, Old Canal Walk, Tipton, 0.6% 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 7, Old Canal Walk, Tipton, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
