Rowley Regis

Area Guide For Rowley Regis

Rowley Regis is a notable ward and previous city precinct, operating at a profit Country area of the West Midlands, England. Considered one of the six "towns" that contain the advanced Sandwell Metropolitan Borough, it incorporates the wards of Blackheath, Cradley Heath and Old Hill, and Rowley Village. At the 2011 registration, the joined populace of Rowley Regis was 50,257. The historical backdrop of Rowley Regis started in the twelfth century, when a little town became around the area church of St. Giles, roughly two miles south-east of the town of Dudley. It started to grow generously between the two world wars, when a great many exclusive and neighborhood power houses were inherent the encompassing region. Amid that time Rowley Regis turned into a ward, and consolidated the groups of Blackheath, Old Hill, and Cradley Heath. These spots were all inside the old area of Rowley Regis, which (notwithstanding being in the district of Staffordshire) was in the see of Worcester. The area contained the houses of Rowley Regis and Rowley Somery, the last being a piece of the barony of Dudley, yet the degrees of these estates and the relationship between them are not clear.

 
 

Rowley Regis Map

Estimated Price: £132,847
Average Asking Price: £133,089
Price change in last one year: £8,791
Average Price Paid: £112,133
Average Rent Rates: £561

 
 

Property Prices Breakdown in Rowley Regis

Average Price for property in Rowley Regis is around £132,847 which varies based on type of property you are interested in and ranges from £207,862 for detached house to around £125,505 for semi-detached. Similarly terraced house is around £110,761 and a flat is worth £89,854. Values have been changing and have risen £1,379 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,172 in last 6 months, £8,791 in last 1 year, £12,643 in last 2 years, £9,077 in last 3 years, £8,177 in last 4 years and £12,111 in last 5 years.

Currently average asking price of a property in Rowley Regis is around £133,089 based on approximately 188 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £561 per month.

Estimated property value in Rowley Regis is £132,847. Average asking price is £133,089 while average price paid is £110,895 which is up by £8,791 and Avg. asking rent £561.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Rowley Regis area. In last 1 year alone average price buyer paid is around £110,895 based on approximately 188 sales in Rowley Regis area alone. If you compare it to last 3 years sales of 625 properties where buyers paid around £111,862. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £112,133 for 1,031 and average amount paid for purchase of approx. 1,415 properties sold in last 7 years comes to about £114,925 per sale.

 
 

Properties For Sale in Rowley Regis

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £127,500, £105,100 for a 2 bedroom house, £136,276 for a 3 bedroom house, £192,467 for a 4 bedroom house and £200,000 for a 5 bedroom house. For a flat similarly the prices varies from £77,981 for a single bedroom to £106,095 for a 2 bedroom Flat. To sum up the asking prices for properties in Rowley Regis it comes to around average £87,885 for 1 bedroom property, £105,610 for 2 bedroom, £136,276 for 3 bedroom, £192,467 for 4 bedroom and £200,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £867 for 1 bedroom to £536 for 2 bedroom, £635 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £501 and £550 for 3 bedroom. You should be generally be expecting around average £672 rent per month for single bedroom property, £515 for 2 bedroom, £599 for 3 bedroom and approximately £750 for 4 bedroom property in Rowley Regis area.

Popular Houses in Rowley Regis

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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