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According to the public record, 55, Durham Road, Rowley Regis is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Durham Road, Rowley Regis is £88,284 and the estimated rental value is £629 per month.
Durham Road, Rowley Regis, B65 is located in the borough of Sandwell within the B65 postal district.
55, Durham Road, Rowley Regis has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 55, Durham Road, Rowley Regis is in very good condition we estimate a sale value of £92,698 and a rental value of £661 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,104 and a rental value of £585 per month.
Over the last 12 months the sale value of 55 Durham Road Rowley Regis has decreased by an estimated £551 (0.6%) and its rental value has increased by an estimated £11 per month (1.8%), giving an expected gross yield of 8.6%.
55, Durham Road, Rowley Regis has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, 55, Durham Road, Rowley Regis was last sold on 1st March 2021 for £75,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2021, the market for similar properties has risen 41.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Durham Road, Rowley Regis within a radius of 500 metres over the last 2 years.
The most recent example is 73, Durham Road, Rowley Regis, B65 0SH, a leasehold flat which sold for £68,500 on the 12th July 2024.
Read more about house prices in B65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, Rowley Regis, B65 has a total of 50 addresses. According to our analysis of all the public data, 55, Durham Road, Rowley Regis is the 38th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in B65.
The closest station to 55, Durham Road, Rowley Regis is Rowley Regis station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 55, Durham Road, Rowley Regis, 54.4% of property is privately rented and 22.2% 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 55, Durham Road, Rowley Regis, 24.1% of residents are recorded as possessing school level qualifications and 22.8% 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 55, Durham 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 55, Durham Road, 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 55, Durham Road, Rowley Regis, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.