Feb 07, 2023 by HM

House prices in Rowley Regis (B65 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Rowley Regis (B65 0).


Defining 'B65 0'

This analysis is limited to properties whose postcode starts with "B65 0", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Rowley Regis is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 7, Highfield Road, Rowley Regis, sold for £163,000 on Feb-2024. Given the internal area of 67 square metres, the price per sqm is £2,432.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 144 sales in Rowley Regis (B65 0) that took place in the last two years.

Distribution of £ per sqm for Rowley Regis (B65 0)
Distribution of £ per sqm house prices in Rowley Regis

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Rowley Regis (B65 0). Of the 144 transactions, half were sold for between £1,990 and £2,850 per square metre. The median, or 'middle', price per square metre in 'B65 0' is £2,350. Notably, only 25% of properties that sold recently were valued at more than £2,850m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Rowley Regis

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Rowley Regis. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Rowley Regis
House price heatmap for Rowley Regis

Comparison with neighbouring postcode sectors

The table below shows how 'B65 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
B65 0 Rowley Regis £1,990m2 £2,350m2 £2,850m2
B65 8 Rowley Regis £2,100m2 £2,460m2 £2,920m2
B65 9 Rowley Regis £2,370m2 £2,780m2 £3,130m2

Will Rowley Regis house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for B65 0 (Rowley Regis). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for B65 0 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Rowley Regis (B65 0) over time
House price trends for Rowley Regis

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Rowley Regis and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Rowley Regis data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Powke Lane, Rowley Regis, B65 0A 85m2 £1,905 28
Regis Heath Road, Rowley Regis, B65 0P 79m2 £2,478 17
Highfield Road, Rowley Regis, B65 0B 93m2 £2,026 14
Durham Road, Rowley Regis, B65 0S 48m2 £2,121 12
Boundary Avenue, Rowley Regis, B65 0N 84m2 £2,631 12
Woodnorton Road, Rowley Regis, B65 0Q 80m2 £2,653 11
Winchester Close, Rowley Regis, B65 0P 46m2 £2,016 11
Oldbury Road, Rowley Regis, B65 0N 79m2 £2,047 10

Search for your street here.

Raw data

Our analysis of Rowley Regis is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
7, Highfield Rd, Rowley Regis £163,000
Feb-2024
67 2,432
8, Highfield Crescent, Rowley Regis £390,000
Jan-2024
115 3,391
10, The Heathlands, Rowley Regis £171,000
Dec-2023
37 4,621

See the entire list of all sales in Rowley Regis (B65 0) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.