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According to the public record, 2, Palace Close, Rowley Regis is a mid-century freehold house with 1,894 ft2 of internal area and sits on a 415 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Palace Close, Rowley Regis is £371,464 and the estimated rental value is £1,657 per month.
Palace Close, Rowley Regis, B65 is located in the borough of Sandwell within the B65 postal district.
2, Palace Close, Rowley Regis has a single entry in the Land Registry from June 2008 and a single entry in the EPC database dated October 2016.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Palace Close, Rowley Regis is in very good condition we estimate a sale value of £390,037 and a rental value of £1,740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,461 and a rental value of £1,541 per month.
Over the last 12 months the sale value of 2 Palace Close Rowley Regis has decreased by an estimated £9,773 (2.6%) and its rental value has decreased by an estimated £10 per month (0.6%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Palace Close, Rowley Regis sits on a plot of 415m2.
We have plot size data on 24 out of 30 other houses in the postcode and 2, Palace Close, Rowley Regis sits on the 2nd largest plot.
2, Palace Close, Rowley Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Palace Close, Rowley Regis was last sold on 13th June 2008 for £218,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2008, the market for similar properties has risen 91.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Palace Close, Rowley Regis within a radius of 470 metres over the last 2 years.
The most recent example is 11, The Lenches, Oldbury, B69 1BF, a freehold house which sold for £205,000 on the 15th December 2015.
Read more about house prices in B65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Close, Rowley Regis, B65 has a total of 30 addresses. According to our analysis of all the public data, 2, Palace Close, Rowley Regis is the largest and the most expensive property on the street.
When compared to the postcode district it is £157k more expensive than the average property in B65.
The closest station to 2, Palace Close, Rowley Regis is Rowley Regis station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Palace Close, Rowley Regis, 59.7% of property is privately owned outright and 31.9% 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 2, Palace Close, Rowley Regis, 13.2% of residents are recorded as possessing school level qualifications and 20.7% 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 2, Palace Close, Rowley Regis, the average age was 38.5 and the most common age was 2.
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 2, Palace Close, 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 2, Palace Close, Rowley Regis, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.