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

The average house price in B65 (Rowley Regis) is £213,250 using HM Land Registry data.

The average property price increased by £74,659 (14.86%) over the last 5 years and increased by £14,925 (2.42%) over the last 12 months.

Over the last year, there were 196 residential property sales – a decrease of 111 transactions (-56.63%) relative to the previous year. The majority of house sales (49) were in the £160,000 - £190,000 range. Then came properties in the £190,000 - £220,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,823 (-3%).

In June 2024, there were 33 new estate agency instructions, 24 agreed home sales and 14 property price reductions.

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) - June 2024

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
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
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
25 Orchard Close, Rowley Regis, West Midlands, B65 8DB£150,000£130,000-£20,00015 Jan 202405 Apr 202481 Days
58 Siviters Lane, Rowley Regis, West Midlands, B65 8DS£350,000£340,000-£10,00027 Jul 202303 Apr 2024251 Days
47 Old Bridge Walk, Rowley Regis, West Midlands, B65 8PF£160,000£155,000-£5,00005 Dec 202302 Apr 2024119 Days
240 Throne Road, Rowley Regis, West Midlands, B65 9JT£200,000£190,000-£10,00029 Nov 202322 Mar 2024114 Days
5 Richards Close, Rowley Regis, West Midlands, B65 0PZ£225,000£210,000-£15,00022 Sep 202306 Mar 2024166 Days
15 Hartfields Way, Rowley Regis, West Midlands, B65 8PD£180,000£172,500-£7,50029 Aug 202301 Mar 2024185 Days
The Ferns, Halesowen Street, Rowley Regis, West Midlands, B65 0HE£250,000£230,000-£20,00019 May 202329 Feb 2024286 Days
138 Regis Heath Road, Rowley Regis, West Midlands, B65 0PD£250,000£240,000-£10,00029 Sep 202323 Feb 2024147 Days
8 Highfield Crescent, Rowley Regis, West Midlands, B65 0BZ£390,000£390,000£0010 Aug 202326 Jan 2024169 Days
38 Buckingham Road, Rowley Regis, West Midlands, B65 9JN£235,000£230,000-£5,00031 Aug 202325 Jan 2024147 Days
33 Portway Hill, Rowley Regis, West Midlands, B65 9DQ£189,950£189,950£0013 Nov 202317 Jan 202465 Days
17 Blue Stone Walk, Rowley Regis, West Midlands, B65 9DG£190,000£185,000-£5,00018 Sep 202304 Jan 2024108 Days
37 Siviters Lane, Rowley Regis, West Midlands, B65 8DP£200,000£180,000-£20,00016 Oct 202304 Jan 202480 Days
43 Causeway, Rowley Regis, West Midlands, B65 8AA£155,000£150,000-£5,00002 Oct 202304 Jan 202494 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 9AZArchangel DriveRowley Regis£336,0003
B65 0AWMatthews CloseRowley Regis£321,0005
B65 8DDOld School DriveRowley Regis£305,5836
B65 8BLAdmirals WayRowley Regis£299,0003
B65 0BTPerry Park RoadRowley Regis£295,3333
B65 9ABBill Thomas WayRowley Regis£288,61513

Least Expensive Streets in B65 (Rowley Regis)

PostcodeStreetAreaAverageNo. of Sales
B65 9LNGadds DriveRowley Regis£86,0003
B65 0PTTitford LaneRowley Regis£87,4166
B65 0PWWinchester CloseRowley Regis£88,36010
B65 0SQCanterbury CloseRowley Regis£97,6663
B65 9EQHanover RoadRowley Regis£100,3163
B65 0SHDurham RoadRowley Regis£100,64214
B65 0HFHalesowen StreetRowley Regis£114,9833
B65 0EUHalesowen StreetRowley Regis£116,6663
B65 0LWAqua Court, Cardale Street, Rowley RegisRowley Regis£117,5007
B65 9DBPortway RoadRowley Regis£122,1754

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