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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Gadds Drive, Rowley Regis is a mid-century leasehold apartment with 527 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 7, Gadds Drive, Rowley Regis is £103,481 and the estimated rental value is £679 per month.
Gadds Drive, Rowley Regis, B65 is located in the borough of Sandwell within the B65 postal district.
7, Gadds Drive, Rowley Regis has 3 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated March 2019.
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.
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 7, Gadds Drive, Rowley Regis is in very good condition we estimate a sale value of £108,655 and a rental value of £713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,238 and a rental value of £632 per month.
Over the last 12 months the sale value of 7 Gadds Drive Rowley Regis has decreased by an estimated £646 (0.6%) and its rental value has increased by an estimated £12 per month (1.8%), giving an expected gross yield of 7.9%.
7, Gadds Drive, Rowley Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 7, Gadds Drive, Rowley Regis was last sold on 7th August 2023 for £98,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2023, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Gadds Drive, Rowley Regis within a radius of 460 metres over the last 2 years.
The most recent example is Flat 5, Keswick House, Lovett Avenue, Oldbury, B69 1DR, a leasehold flat which sold for £67,500 on the 30th September 2016.
Read more about house prices in B65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gadds Drive, Rowley Regis, B65 has a total of 30 addresses. According to our analysis of all the public data, 7, Gadds Drive, Rowley Regis is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in B65.
The closest station to 7, Gadds Drive, Rowley Regis is Rowley Regis station which is 1.4 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 7, Gadds Drive, Rowley Regis, 30.8% of property is privately owned outright and 25.8% 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 7, Gadds Drive, Rowley Regis, 17.7% of residents are recorded as possessing school level qualifications and 14.2% 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 7, Gadds Drive, Rowley Regis, the average age was 39.2 and the most common age was 52.
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 7, Gadds Drive, Rowley Regis, 1.1% 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 7, Gadds Drive, Rowley Regis, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
