305, Oldbury Road
305, Oldbury Road
Description & Estimates
305, Oldbury Road, Rowley Regis is recorded publicly as a modern leasehold apartment across 850 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 305, Oldbury Road, Rowley Regis is £105,950 and its rental estimate is £741 per month, given the available information and assuming reasonable condition.
Oldbury Road, Rowley Regis, B65 falls within the B65 postal district, in the borough of Sandwell.
Our Data Sources
305, Oldbury Road, Rowley Regis has a single entry in the Land Registry from June 2011 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 305, Oldbury Road, Rowley Regis, we estimate a market value of £111,247 and a rental value of £778 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £98,533 and £689 per month respectively.
Recent Market Change
Over the last year, 305, Oldbury Road, Rowley Regis has seen its estimated sale value fall by £2,013 (1.9%) and its estimated rental value move up by £7 per month (0.9%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
305, Oldbury Road, Rowley Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 305, Oldbury Road, Rowley Regis completed on 15th June 2011 at £65,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 120.7% over the period since June 2011.
- Sold Jun 2011£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 305, Oldbury Road, Rowley Regis have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2019, was 5, Highbury Close, Rowley Regis, B65 9PW, a leasehold flat which sold for £83,000.
Read more about house prices in B65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 375 addresses on Oldbury Road, Rowley Regis, B65, 305, Oldbury Road, Rowley Regis comes out as the 99th largest and the 172nd most expensive in our analysis of the public data.
It is also £108k less expensive than the average property across the B65 district.
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Schools Nearby
- 600mSt James CofE Primary School
- 800mRowley Hall Primary School
- 900mCauseway Green Primary School
- 1.4kmSt Michael's Church of England High School
- 1.5kmOldbury Academy
- 1.9kmQ3 Academy Langley
More reading links
Public Transport Nearby
From 305, Oldbury Road, Rowley Regis, the nearest station is Rowley Regis, 1.1 kilometres away.
- 1.1kmRowley Regis
- 1.8kmLangley Green
- 2.6kmOld 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.
