229 Gravelly Lane

    229, GRAVELLY LANE, BIRMINGHAM, BIRMINGHAM, B23 5SF

    This flat/maisonette leasehold property on Gravelly Lane last sold in May 2008 for £80,000. Based on price growth in the B23 district since then, its estimated current value is £81,614 — placing it in the 2nd percentile nationally and the 6th percentile within B23. The property covers 56 m² (603 sq ft), giving an estimated value of £1,457 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £80,000

    May 2008

    Estimated Valuation

    £81,614

    Est. £/sq ft

    £135/sq ft

    £1,457/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateMay 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    22 May 2008

    £80,000

    31 Jan 2003

    £60,000

    Key Metrics

    Estimated valuation£81,614
    Value per sq ft / m²£135/sq ft (£1,457/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile6th percentile
    National percentile2nd percentile

    District Context — B23

    B23 covers parts of north Birmingham, including areas such as Erdington and nearby neighbourhoods. It is a working-class residential district with a diverse, younger population and a strong rental market.

    Average Property Price - B23

    £195,554

    11

    National percentile

    Average Net Household Income - B23

    £31,766

    13

    National percentile

    10-Year Annualised Price Growth - B23

    4.5%

    80

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B23

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