31 Groveland Road, Tipton, DY4 7TB is a leasehold flat built between 2003-2006. The property offers approximately 638 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £60,255 , which equates to approximately £95 per square foot. It was last sold on 8 Feb 2012 for £35,000. Since then, the value has increased by £25,255, representing a 72.2% increase, or approximately 5.2% per year.

The current estimated value of £60,255 is:

  • 66.7% lower than the average property price on Groveland Road
  • 49.7% lower than the average in the DY4 7TB postcode area
  • and 72.5% lower than the average price for Tipton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 4 November 2011, the property was recorded as owner-occupied.

View sold house prices in DY4 7TB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
638 sq ft
Tenure
Leasehold
Price (estimate)
£60,255
Price Per sq ft (estimate)
£95
Bedroom Count (estimate)
1 bedroom

EPC Summary

31 Groveland Road, Tipton, Sandwell, West Midlands, DY4 7TB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Nov 2011.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Mar 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.1%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to DY4 7TB

13 th / 13
Price Rank
50% lower than average
6 th / 12
Size Rank
20% smaller than average
12 th / 12
Price Per Sq FT Rank
37% lower than average

Compared to other properties in DY4 7TB , this flat's estimated value ranks 13th out of 13. Based on price per square foot, it ranks 12th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 12 properties in its postcode area.

Sale History

Today
£60,255
streetscan.co.uk estimate
+72 %
8 Feb 2012
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £95,000
sale date: 28 Oct 2022
rooms: 3
size: 549 sq ft
sale price: £91,500
sale date: 20 Jul 2022
rooms: 3
size: 710 sq ft
sale price: £95,000
sale date: 1 Jun 2022
rooms: 3
size: 596 sq ft
sale price: £70,000
sale date: 24 Nov 2017
rooms: 3
size: 560 sq ft
sale price: £60,000
sale date: 12 Oct 2015

Data Sources

The property at 31 Groveland Road, Tipton, Sandwell, West Midlands, DY4 7TB appears once in the Land Registry records, with the transaction recorded on 8 Feb 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Nov 2011. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.