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Public records show 16, Severn Rise, Rowley Regis to be a modern leasehold apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
16, Severn Rise, Rowley Regis has an estimated sale value of £142,373 and an estimated rental value of £785 per month, assuming reasonable condition and based on the information available.
Severn Rise, Rowley Regis, B65 lies in the borough of Sandwell, within the B65 postal district.
16, Severn Rise, Rowley Regis has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 16, Severn Rise, Rowley Regis would be worth £149,492, with a potential rental value of £824 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £132,407, with a rental value of £730 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, Severn Rise, Rowley Regis has declined by £1,912 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £9 (1.2%). The property's estimated gross yield is currently 6.6%.
16, Severn Rise, Rowley Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
16, Severn Rise, Rowley Regis last changed hands on 18th December 2009, selling for £99,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 16.9% since December 2009.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 16, Severn Rise, Rowley Regis across the last 2 years.
Most recently, 26, Severn Rise, Rowley Regis, B65 8BQ, a leasehold flat, sold at £125,000 on the 10th May 2024.
Read more about house prices in B65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 16, Severn Rise, Rowley Regis as the 11th largest and the 11th most expensive of the 20 addresses on Severn Rise, Rowley Regis, B65.
Against the B65 postcode district average, it is £72k less expensive than the typical property.
Old Hill station is the nearest stop to 16, Severn Rise, Rowley Regis at 1.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Severn Rise, Rowley Regis, 44.8% of property is privately owned with a mortgage and 31.5% is privately owned outright.
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 16, Severn Rise, Rowley Regis, 21.9% of residents are recorded as possessing school level qualifications and 28.3% 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 16, Severn Rise, 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 16, Severn Rise, Rowley Regis, 0.3% 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 16, Severn Rise, Rowley Regis, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.