eXp UK says ..
“PERFECT FIRST PURCHASE ON PORTWAY ROAD”, ticking a lot of boxes this one bedroom first floor apartment would be ideal for first time buyers and potentially landlord investors alike. Situated on Port Road the property benefits from wonderful access to great transport links b...
Property Oracle says ..
The property is a one-bedroom, one-bathroom apartment with a total area of 446.60 sqft. The apartment appears to be in good condition from the provided images; it is modern, clean, and well-maintained. The kitchen and bathroom are contemporary and functional. The property’s location on Portway Road places it within relatively close proximity to several amenities. Rowley Regis train station is approximately 2.20 km away, offering convenient access to public transportation. Several primary schools with varying Ofsted ratings are also located within a 1.23 km radius. The proximity to these schools and transportation links is a positive aspect of the property’s location. However, the lack of plot size is a notable drawback. Considering the property’s condition, location, and lack of land, the list price of £90,000 requires careful consideration. The average price per sqft in the area is £290.00, significantly higher than the implied price per sqft of this property. However, this is a one-bedroom apartment, and the local average price may be skewed by larger properties. Nearby comparable properties on Portway Road have sold for prices ranging from £30,000 to £100,000, suggesting that the £90,000 list price is at the higher end of this range but may still represent reasonable value depending on the specific features and condition of the property relative to those comparables.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 446.60
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 287,293.00 £Decreased by 0.23 %
- Est sale value
- 221,067.00 £Increased by 93.36 %
- Average area rental value
- 1,083.00 £/moIncreased by 11.42 %
- Est letting value
- 446.60 £/mo
- Est rental Yield
- 4.52 %Increased by 11.60 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
eXp UK marked this listing as sold.
eXp UK created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rowley Hall Primary School | Foundation School | Requires improvement | 0.55 KM |
| Grace Mary Primary School | Community School | Outstanding | 0.90 KM |
| Oakham Primary School | Community School | Outstanding | 1.14 KM |
| St James Cofe Primary School | Voluntary Controlled School | Good | 1.17 KM |
| St Michael'S Church Of England High School | Voluntary Aided School | Good | 1.23 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Windsor Road | £ 295,000 | 0 | 0.00 KM |
| Wadham Close | £ 270,000 | 0 | 0.00 KM |
| East Avenue | £ 0 | 0 | 0.00 KM |
| Reservoir Road | £ 0 | 0 | 0.00 KM |
| West Avenue | £ 232,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rowley Regis | 4606 | ROW | 2.20 KM |
| Old Hill | 4641 | OHL | 2.91 KM |
| Dudley Port | 1212 | DDP | 3.57 KM |
| Sandwell And Dudley | 1149 | SAD | 3.83 KM |
| Langley Green | 4607 | LGG | 4.16 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Portway Road, Rowley Regis, B65 9DB | £ 90,000 | BUY | 5 / 10 | 0.00 KM |
| Portway Road, Rowley Regis | £ 95,000 | BUY | 4 / 10 | 0.01 KM |
| Portway Hill, Rowley Regis | £ 280,000 | BUY | Unknown | 0.22 KM |
| Portway Hill,Rowley Regis,B65 9DE | £ 269,500 | BUY | 6 / 10 | 0.23 KM |
| Midhill Drive, Rowley Regis | £ 375,000 | BUY | 7 / 10 | 0.33 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Portway Road | £ 265,000 | 0.01 KM |
| 24 Portway Road | £ 425,000 | 0.01 KM |
| 34 Portway Road | £ 80,000 | 0.01 KM |
| 27 Portway Road | £ 79,950 | 0.01 KM |
| 18 Portway Road | £ 58,750 | 0.01 KM |