40 Park Lane East, Tipton, DY4 8RD is a freehold terraced property built between 1930-1949. The property offers approximately 1,044 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £150,485 , which equates to approximately £144 per square foot. It was last sold on 31 Oct 2006 for £85,000. Since then, the value has increased by £65,485, representing a 77.0% increase, or approximately 4.0% per year.

The current estimated value of £150,485 is:

  • 10.9% lower than the average property price on Park Lane East
  • 12.7% lower than the average in the DY4 8RD postcode area
  • and 31.4% lower than the average price for Tipton as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (4 out of 5 inspections). 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 9 August 2024, the property was recorded as rented.

View sold house prices in DY4 8RD

Building approximate location

About Property

Type
Terraced House
Built
1930-1949
Interior Size
1044 sq ft
Tenure
Freehold
Price (estimate)
£150,485
Price Per sq ft (estimate)
£144
Bedroom Count (estimate)
3 bedrooms

EPC Summary

40 Park Lane East, Tipton, Sandwell, West Midlands, DY4 8RD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Aug 2024.

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 29 Jul 2015, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 53.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with external insulation, improving energy efficiency from very poor to good.
  • The lighting was changed from low energy lighting in 73% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, with external insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DY4 8RD

10 th / 27
Price Rank
13% lower than average
2 nd / 13
Size Rank
52% bigger than average
11 th / 13
Price Per Sq FT Rank
43% lower than average

Compared to other properties in DY4 8RD , this house's estimated value ranks 10th out of 27. Based on price per square foot, it ranks 11th out of 13 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 2nd out of 13 properties in its postcode area.

Sale History

Today
£150,485
streetscan.co.uk estimate
+77 %
31 Oct 2006
£85,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 904 sq ft
sale price: £128,000
sale date: 27 Jan 2022
rooms: 5
size: 936 sq ft
sale price: £120,000
sale date: 16 Jul 2021
rooms: 5
size: 1001 sq ft
sale price: £74,000
sale date: 17 Mar 2017
rooms: 5
size: 1087 sq ft
sale price: £100,000
sale date: 23 Mar 2007
rooms: 4
size: 1044 sq ft
sale price: £295,000
sale date: 29 Sep 2000

Data Sources

The property at 40 Park Lane East, Tipton, Sandwell, West Midlands, DY4 8RD appears once in the Land Registry records, with the transaction recorded on 31 Oct 2006. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Aug 2024. 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.


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