Rowley Regis House Prices Rowley Regis House Prices

The average house price in Rowley Regis is £217,125 using HM Land Registry data.

The average property price increased by £61,149 (38.51%) over the last 5 years and increased by £12,224 (5.89%) over the last 12 months.

Over the last year, there were 260 residential property sales – a decrease of 158 transactions (-60.77%) relative to the previous year. The majority of house sales (64) were in the £184,000 - £216,000 range. Then came properties in the £152,000 - £184,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,452 (-2%).

In June 2024, there were 50 new estate agency instructions, 41 agreed home sales and 29 property price reductions.

5-Year Average Property Prices in Rowley Regis

38.51%

Property prices in Rowley Regis increased by 38.51% 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 Rowley Regis Over the Last Year

5.89%

Property prices in Rowley Regis increased by 5.89% 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 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 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 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 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 Rowley Regis since 1995

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

Recent Property Sales in 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
32 Fairbourne Avenue, Rowley Regis, West Midlands, B65 9JR£295,000£295,000£0012 Jan 202415 Apr 202494 Days
31 Aston Road, Tividale, Oldbury, West Midlands, B69 1TW£180,000£179,000-£1,00006 Feb 202409 Apr 202463 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
47 Old Bridge Walk, Rowley Regis, West Midlands, B65 8PF£160,000£155,000-£5,00005 Dec 202302 Apr 2024119 Days
70 Alexandra Way, Tividale, Oldbury, West Midlands, B69 2LX£240,000£235,000-£5,00010 Aug 202328 Mar 2024231 Days
240 Throne Road, Rowley Regis, West Midlands, B65 9JT£200,000£190,000-£10,00029 Nov 202322 Mar 2024114 Days
57 Darbys Hill Road, Tividale, Oldbury, West Midlands, B69 1SD£350,000£350,000£0012 Mar 202415 Mar 20243 Days
197 Oakham Road, Tividale, Oldbury, West Midlands, B69 1PS£300,000£300,000£0022 Nov 202314 Mar 2024113 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
42 Trafalgar Road, Tividale, Oldbury, West Midlands, B69 1RE£250,000£247,500-£2,50010 Oct 202301 Mar 2024143 Days
10 Lye Cross Road, Tividale, Oldbury, West Midlands, B69 1PQ£230,000£226,000-£4,00006 Sep 202312 Feb 2024159 Days
2 Alexandra Way, Tividale, Oldbury, West Midlands, B69 2LX£160,000£149,000-£11,00031 Jul 202309 Feb 2024193 Days
130 Elm Terrace, Tividale, Oldbury, West Midlands, B69 1TQ£260,000£260,000£0016 Aug 202308 Feb 2024176 Days
21 New Birmingham Road, Tividale, Oldbury, West Midlands, B69 2JJ£160,000£155,000-£5,00028 Dec 202207 Feb 2024406 Days
11 Temple Way, Tividale, Oldbury, West Midlands, B69 3JP£240,000£235,000-£5,00023 Aug 202305 Feb 2024166 Days
15 St Marks Road, Dudley, West Midlands, DY2 7SB£280,000£265,000-£15,00028 Jul 202326 Jan 2024182 Days

Most Expensive Streets in Rowley Regis

PostcodeStreetAreaAverageNo. of Sales
B65 8QABurmese WayRowley Regis£377,5003
B65 9DPTurners HillRowley Regis£371,6663
B65 8QDMilford CroftRowley Regis£358,5004
B65 9AZArchangel DriveRowley Regis£336,0003
B69 1RABarley FieldsTividale£330,8333
B69 1UUView PointTividale£326,3336
B69 1SDDarbys Hill RoadTividale£318,0005
B69 1PZOakham RoadTividale£315,6005
B65 8DDOld School DriveRowley Regis£305,5836
B65 8BLAdmirals WayRowley Regis£299,0003

Least Expensive Streets in Rowley Regis

PostcodeStreetAreaAverageNo. of Sales
B69 2JLSt Michaels MewsTividale£50,0004
B69 1TPRed Lion CloseTividale£66,6254
B69 2LEOakthorpe GardensTividale£69,7506
B65 9LNGadds DriveRowley Regis£86,0003
B65 0PTTitford LaneRowley Regis£87,4166
B65 0PWWinchester CloseRowley Regis£88,36010
B69 2LFOakthorpe GardensTividale£89,5004
B69 2FDBrades RoadOldbury£97,0004
B65 0SQCanterbury CloseRowley Regis£97,6663
B65 9EQHanover RoadRowley Regis£100,3163

Explore Rowley Regis and Neighbouring Area House Prices