Flat 2, Thompson House
Flat 2, Thompson House
Description & Estimates
The public record describes Flat 2, Thompson House, Tipton as a mid-century apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, Thompson House, Tipton has an estimated sale value of £74,474 and an estimated rental value of £585 per month, assuming reasonable condition and based on the information available.
The apartment sits within Thompson House, Ocker Hill Road, Tipton, DY4.
Ocker Hill Road, Tipton, DY4 lies in the borough of Sandwell, within the DY4 postal district.
Our Data Sources
Flat 2, Thompson House, Tipton has no records in the the Land Registry and a single entry in the EPC database dated September 2021.
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
In very good condition, we estimate Flat 2, Thompson House, Tipton would be worth £78,197, with a potential rental value of £615 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £69,261, with a rental value of £544 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, Thompson House, Tipton has fallen by £385 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £8 (1.3%). The property's estimated gross yield is currently 9.4%.
Energy Efficiency
Flat 2, Thompson House, Tipton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Sep 2021.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Flat 2, Thompson House, Tipton across the last 2 years.
Most recently, Flat 26, Thompson House, Ocker Hill Road, Tipton, DY4 0UR, a leasehold flat, sold at £56,000 on the 8th January 2021.
Read more about house prices in DY4.
- Sold Jan 2021£56,000 | 2 Bed FlatThompson House, Ocker Hill RoadFlat 26, Thompson House, Ocker Hill Road, Tipton, DY4 0UR
- Sold Dec 2017£55,000 | 2 Bed FlatToll End Road55D, Toll End Road, Tipton, DY4 0EU
- Sold May 2007£74,000 | 2 Bed FlatDay House, Spring StreetFlat 9, Day House, Spring Street, Tipton, DY4 0UJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, Thompson House, Tipton as the 94th largest and the 97th most expensive of the 102 addresses on Ocker Hill Road, Tipton, DY4.
Against the DY4 postcode district average, it is £119k less expensive than the typical property.
More reading links
Schools Nearby
- 100mOcker Hill Infant School
- 100mOcker Hill Academy
- 600mJubilee Park Academy
- 1.0kmGospel Oak School
- 1.3kmQ3 Academy Tipton
- 2.7kmGeorge Salter Academy
More reading links
Public Transport Nearby
Dudley Port station is the nearest stop to Flat 2, Thompson House, Tipton at 2.1 kilometres away.
- 2.1kmDudley Port
- 2.2kmTipton
- 3.1kmCoseley
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
