235 Gravelly Lane

    235, GRAVELLY LANE, BIRMINGHAM, B23 5SF

    This flat/maisonette leasehold property on Gravelly Lane last sold in March 2016 for £66,000. Based on price growth in the B23 district since then, its estimated current value is £77,543 — placing it in the 1st percentile nationally and the 5th percentile within B23. The property covers 58 m² (624 sq ft), giving an estimated value of £1,337 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £66,000

    Mar 2016

    Estimated Valuation

    £77,543

    Est. £/sq ft

    £124/sq ft

    £1,337/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialD
    Floor area624 sq ft (58 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    31 Mar 2016

    £66,000

    Key Metrics

    Estimated valuation£77,543
    Value per sq ft / m²£124/sq ft (£1,337/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile5th percentile
    National percentile1st 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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