5 Parkes Lane

    5, PARKES LANE, TIPTON, DY4 9JG

    This semi-detached freehold property on Parkes Lane last sold in June 2021 for £120,000. Based on price growth in the DY4 district since then, its estimated current value is £148,228 — placing it in the 12th percentile nationally and the 24th percentile within DY4. The property covers 92 m² (990 sq ft), giving an estimated value of £1,611 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £120,000

    Jun 2021

    Estimated Valuation

    £148,228

    Est. £/sq ft

    £150/sq ft

    £1,611/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateJul 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2021

    £120,000

    Key Metrics

    Estimated valuation£148,228
    Value per sq ft / m²£150/sq ft (£1,611/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DY4 district percentile24th percentile
    National percentile12th 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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