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House Prices in B65 House Prices in B65 (Rowley Regis)

The average house price in B65 (Rowley Regis) is £193,600 using HM Land Registry data.

The average property price increased by £72,613 (14.86%) over the last 5 years and increased by £14,549 (2.42%) over the last 12 months.

Over the last year, there were 187 residential property sales – a decrease of 74 transactions (-39.57%) relative to the previous year. The majority of house sales (54) were in the £162,000 - £194,000 range. Then came properties in the £194,000 - £226,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,823 (-3%).

In Oct 24, there were 37 new estate agency instructions, 27 agreed home sales and 28 property price reductions.

Nearby Postcodes: B32, B45, B61, B62, B63, B64, B66, B67, B68, B69, B70, DY1, DY2, DY4, DY5, DY9

5-Year Average Property Prices in B65 (Rowley Regis)

14.86%

Property prices in Rowley Regis increased by 14.86% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in B65 (Rowley Regis) Over the Last Year

2.42%

Property prices in Rowley Regis increased by 2.42% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for B65 (Rowley Regis) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in B65 (Rowley Regis)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in B65 (Rowley Regis)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in B65 (Rowley Regis)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the B65 (Rowley Regis) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the B65 postcode area since 1995.

Recent Sales in B65 (Rowley Regis)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Rowington Avenue, Rowley Regis, West Midlands, B65 9QP£175,000£165,000-£10,00023 Jan 202401 Aug 2024191 Days
26 Greenwood Avenue, Rowley Regis, West Midlands, B65 9NJ£210,000£210,000£0013 Jan 202429 Jul 2024198 Days
31 Bell End, Rowley Regis, West Midlands, B65 9LR£140,000£130,000-£10,00018 Jan 201419 Jul 20243835 Days
31 Farm Road, Rowley Regis, West Midlands, B65 8ER£180,000£172,000-£8,00011 Jan 202412 Jul 2024183 Days
16 Rough Hill Drive, Rowley Regis, West Midlands, B65 8LS£320,000£310,000-£10,00002 Feb 202428 Jun 2024147 Days
216 Dudley Road, Rowley Regis, West Midlands, B65 8LB£350,000£348,000-£2,00022 Apr 202424 Jun 202463 Days
30 Midhill Drive, Rowley Regis, West Midlands, B65 9SD£270,000£270,000£0009 Feb 202421 Jun 2024133 Days
21 Harrold Road, Rowley Regis, West Midlands, B65 0RG£300,000£260,000-£40,00031 Jan 202412 Jun 2024133 Days
5 Greenwood Avenue, Rowley Regis, West Midlands, B65 9NL£189,950£177,500-£12,45016 Nov 202303 Jun 2024200 Days
9 Petersfield Drive, Rowley Regis, West Midlands, B65 0SA£204,000£200,000-£4,00016 Jan 202422 May 2024127 Days
24 Woolpack Close, Rowley Regis, West Midlands, B65 8HY£275,000£275,000£0012 Feb 202410 May 202488 Days
192 Oldbury Road, Rowley Regis, West Midlands, B65 0NW£240,000£228,000-£12,00023 May 202310 May 2024353 Days
87 Halesowen Street, Rowley Regis, West Midlands, B65 0EU£200,000£195,000-£5,00006 Dec 202309 May 2024155 Days
20 Rough Hill Drive, Rowley Regis, West Midlands, B65 8LS£300,000£290,000-£10,00017 Jul 202303 May 2024291 Days
51 Highfield Road, Rowley Regis, West Midlands, B65 0BX£315,000£310,000-£5,00010 Jan 202402 May 2024113 Days
260 Dudley Road, Rowley Regis, West Midlands, B65 8LX£335,000£325,000-£10,00031 Oct 202301 May 2024183 Days
14 Sidaway Close, Rowley Regis, West Midlands, B65 9SJ£230,000£220,000-£10,00025 Oct 202317 Apr 2024175 Days
32 Fairbourne Avenue, Rowley Regis, West Midlands, B65 9JR£295,000£295,000£0012 Jan 202415 Apr 202494 Days
18 Old Bridge Walk, Rowley Regis, West Midlands, B65 8PE£175,000£175,000£0024 Nov 202308 Apr 2024136 Days
44 Throne Crescent, Rowley Regis, West Midlands, B65 9JE£209,950£205,000-£4,95009 Nov 202308 Apr 2024151 Days

Most Expensive Streets in B65 (Rowley Regis)

PostcodeStreetAreaAverageNo. of Sales
B65 8BJConway DriveRowley Regis£387,8754
B65 8QABurmese WayRowley Regis£377,5003
B65 9DPTurners HillRowley Regis£371,6663
B65 8QDMilford CroftRowley Regis£358,5004
B65 8DYRossRowley Regis£356,6663
B65 9AZArchangel DriveRowley Regis£336,0003
B65 0BXHighfield RoadRowley Regis£330,8333
B65 0AWMatthews CloseRowley Regis£321,0005
B65 8DDOld School DriveRowley Regis£305,5836
B65 8BLAdmirals WayRowley Regis£299,0003

Least Expensive Streets in B65 (Rowley Regis)

PostcodeStreetAreaAverageNo. of Sales
B65 0PTTitford LaneRowley Regis£84,9005
B65 0PWWinchester CloseRowley Regis£88,36010
B65 9EQHanover RoadRowley Regis£94,7624
B65 0SQCanterbury CloseRowley Regis£97,6663
B65 0SHDurham RoadRowley Regis£101,18111
B65 0HFHalesowen StreetRowley Regis£114,9833
B65 0EUHalesowen StreetRowley Regis£116,6663
B65 0LWAqua Court, Cardale Street, Rowley RegisRowley Regis£117,9378
B65 9DBPortway RoadRowley Regis£122,1754
B65 8BQSevern RiseRowley Regis£124,4005

Explore B65 (Rowley Regis) using map

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