2 Parkes Lane

    2, PARKES LANE, TIPTON, DY4 9JG

    This semi-detached freehold property on Parkes Lane last sold in August 2022 for £232,000. Based on price growth in the DY4 district since then, its estimated current value is £250,480 — placing it in the 38th percentile nationally and the 72nd percentile within DY4. The property covers 90 m² (969 sq ft), giving an estimated value of £2,783 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £232,000

    Aug 2022

    Estimated Valuation

    £250,480

    Est. £/sq ft

    £259/sq ft

    £2,783/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area969 sq ft (90 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Aug 2022

    £232,000

    15 May 2009

    £119,000

    Key Metrics

    Estimated valuation£250,480
    Value per sq ft / m²£259/sq ft (£2,783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DY4 district percentile72nd percentile
    National percentile38th percentile

    District Context — DY4

    DY4 covers Dudley and surrounding areas in the West Midlands, lying south-west of Birmingham. It is a predominantly working-class community with strong trade and industrial heritage, offering affordable housing and practical family neighbourhoods.

    Average Property Price - DY4

    £206,818

    14

    National percentile

    Average Net Household Income - DY4

    £31,060

    11

    National percentile

    10-Year Annualised Price Growth - DY4

    5.6%

    95

    National percentile

    10-Year Annualised Rent Growth - DY

    4.3%

    73

    National percentile

    View full analysis for DY4

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