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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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111, Oldbury Road, Rowley Regis is recorded publicly as an early-century leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 111, Oldbury Road, Rowley Regis is £93,980 and its rental estimate is £656 per month, given the available information and assuming reasonable condition.
111, Oldbury Road is a residential building on Oldbury Road, Rowley Regis, B65 and falls within the B65 postal district and the borough of Sandwell.
111, Oldbury Road, Rowley Regis has 3 entries in the Land Registry , most recently in April 2020 and a single entry in the EPC database dated January 2019.
We combine this information with that 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.
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 111, Oldbury Road, Rowley Regis, we estimate a market value of £98,679 and a rental value of £689 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £87,402 and £610 per month respectively.
Over the last year, 111, Oldbury Road, Rowley Regis has seen its estimated sale value decline by £1,014 (1.1%) and its estimated rental value climb by £12 per month (1.8%). This results in an estimated gross rental yield of 8.4%.
111, Oldbury Road, Rowley Regis has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 111, Oldbury Road, Rowley Regis completed on 1st April 2020 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 37.4% over the period since April 2020.
Over the past 2 years 3 properties similar to 111, Oldbury Road, Rowley Regis have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2022, was Unit 6, W D Boxhub, Cakemore Road, Rowley Regis, B65 0RY, a leasehold flat which sold for £550,000.
Read more about house prices in B65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 375 addresses on Oldbury Road, Rowley Regis, B65, 111, Oldbury Road, Rowley Regis comes out as the 285th largest and the 327th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the B65 district.
From 111, Oldbury Road, Rowley Regis, the nearest station is Rowley Regis, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 111, Oldbury Road, Rowley Regis, 52.9% of property is socially rented and 21.1% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 111, Oldbury Road, Rowley Regis, 23.0% of residents are recorded as possessing school level qualifications and 17.6% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 111, Oldbury Road, Rowley Regis, the average age was 40.6 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 111, Oldbury Road, Rowley Regis, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 111, Oldbury Road, Rowley Regis, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
