Flat 4, 61
Flat 4, 61
Description & Estimates
Flat 4, 61, Sheepwash Lane, Tipton is described in the public record as a period apartment with 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 61, Sheepwash Lane, Tipton is £68,547 and its rental estimate is £544 per month, given the available information and assuming reasonable condition.
61, Sheepwash Lane is a residential building on Sheepwash Lane, Tipton, DY4 and falls within the DY4 postal district and the borough of Sandwell.
Our Data Sources
Flat 4, 61, Sheepwash Lane, Tipton has no records in the the Land Registry and a single entry in the EPC database dated April 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 Flat 4, 61, Sheepwash Lane, Tipton, we estimate a market value of £71,974 and a rental value of £571 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £63,749 and £506 per month respectively.
Recent Market Change
Over the last year, Flat 4, 61, Sheepwash Lane, Tipton has seen its estimated sale value move down by £224 (0.3%) and its estimated rental value increase by £8 per month (1.4%). This results in an estimated gross rental yield of 9.5%.
Energy Efficiency
Flat 4, 61, Sheepwash Lane, Tipton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 4, 61, Sheepwash Lane, Tipton has sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2020, was 17, Slater Street, Tipton, DY4 7EY, a leasehold flat which sold for £60,000.
Read more about house prices in DY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Sheepwash Lane, Tipton, DY4, Flat 4, 61, Sheepwash Lane, Tipton comes out as the 25th largest and the 25th most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the DY4 district.
More reading links
Schools Nearby
- 700mGreat Bridge Primary School
- 800mNewtown Primary School
- 1.0kmSt Martin's CofE Primary School
- 1.1kmQ3 Academy Tipton
- 1.6kmGeorge Salter Academy
- 2.0kmOrmiston Sandwell Community Academy
More reading links
Public Transport Nearby
From Flat 4, 61, Sheepwash Lane, Tipton, the nearest station is Dudley Port, 1.0 kilometres away.
- 1.0kmDudley Port
- 2.1kmTipton
- 2.6kmSandwell & Dudley
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 medium, based on Environment Agency data.
