240, Penncricket Lane
240, Penncricket Lane
Description & Estimates
240, Penncricket Lane, Rowley Regis is described in the public record as a mid-century apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 240, Penncricket Lane, Rowley Regis is £88,257 and its rental estimate is £638 per month, given the available information and assuming reasonable condition.
Penncricket Lane, Rowley Regis, B65 falls within the B65 postal district, in the borough of Sandwell.
Our Data Sources
240, Penncricket Lane, Rowley Regis has no records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data 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.
Price Range & Condition
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 240, Penncricket Lane, Rowley Regis, we estimate a market value of £92,670 and a rental value of £670 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,079 and £593 per month respectively.
Recent Market Change
Over the last year, 240, Penncricket Lane, Rowley Regis has seen its estimated sale value drop by £1,185 (1.3%) and its estimated rental value rise by £8 per month (1.2%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
240, Penncricket Lane, Rowley Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 240, Penncricket Lane, Rowley Regis have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st July 2023, was 62, Winchester Close, Rowley Regis, B65 0PW, a leasehold flat which sold for £72,500.
Read more about house prices in B65.
- Sold Jul 2023£72,500 | 2 Bed Flat62, Winchester Close, Rowley Regis, B65 0PW62, Winchester Close, Rowley Regis, B65 0PW
- Sold May 2023£81,000 | 2 Bed Flat85, Durham Road, Rowley Regis, B65 0SH85, Durham Road, Rowley Regis, B65 0SH
- Sold Jan 2022£160,000 | 2 Bed Flat208A, Oldbury Road, Rowley Regis, B65 0NN208A, Oldbury Road, Rowley Regis, B65 0NN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 100 addresses on Penncricket Lane, Rowley Regis, B65, 240, Penncricket Lane, Rowley Regis comes out as the 93rd largest and the 93rd most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the B65 district.
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Schools Nearby
- 600mBlackheath Primary School
- 700mCauseway Green Primary School
- 1.0kmRowley Hall Primary School
- 1.2kmSt Michael's Church of England High School
- 1.4kmOldbury Academy
- 2.0kmQ3 Academy Langley
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Public Transport Nearby
From 240, Penncricket Lane, Rowley Regis, the nearest station is Rowley Regis, 600 metres away.
- 600mRowley Regis
- 2.1kmLangley Green
- 2.2kmOld Hill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
