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Public records show 307, Oldbury Road, Rowley Regis to be a modern leasehold apartment with 796 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
307, Oldbury Road, Rowley Regis has an estimated sale value of £101,739 and an estimated rental value of £696 per month, assuming reasonable condition and based on the information available.
Oldbury Road, Rowley Regis, B65 lies in the borough of Sandwell, within the B65 postal district.
307, 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.
In very good condition, we estimate 307, Oldbury Road, Rowley Regis would be worth £106,826, with a potential rental value of £731 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £94,617, with a rental value of £647 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 307, Oldbury Road, Rowley Regis has decreased by £1,366 (1.3%) over the last year. During the same period, its estimated monthly rental value has grown by £8 (1.2%). The property's estimated gross yield is currently 8.2%.
307, 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.
307, Oldbury Road, Rowley Regis last changed hands on 15th June 2011, selling for £65,000. 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 88.2% since June 2011.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 307, Oldbury Road, Rowley Regis across the last 2 years.
Most recently, 7, Shelsley Avenue, Oldbury, B69 1BP, a leasehold flat, sold at £67,000 on the 27th October 2020.
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 307, Oldbury Road, Rowley Regis as the 134th largest and the 178th most expensive of the 375 addresses on Oldbury Road, Rowley Regis, B65.
Against the B65 postcode district average, it is £112k less expensive than the typical property.
Rowley Regis station is the nearest stop to 307, Oldbury Road, Rowley Regis at 1.1 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 307, Oldbury Road, Rowley Regis, 53.5% of property is privately owned outright and 26.1% 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 307, Oldbury Road, Rowley Regis, 11.4% of residents are recorded as possessing school level qualifications and 27.4% 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 307, Oldbury Road, 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 307, Oldbury Road, Rowley Regis, 1.0% 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 307, Oldbury Road, Rowley Regis, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.