247 Gravelly Lane

    247, GRAVELLY LANE, BIRMINGHAM, BIRMINGHAM, B23 5SF

    This terraced freehold property on Gravelly Lane last sold in May 2004 for £107,000. Based on price growth in the B23 district since then, its estimated current value is £212,203 — placing it in the 28th percentile nationally and the 61st percentile within B23. The property covers 74 m² (797 sq ft), giving an estimated value of £2,868 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £107,000

    May 2004

    Estimated Valuation

    £212,203

    Est. £/sq ft

    £266/sq ft

    £2,868/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateFeb 2025
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 May 2004

    £107,000

    Key Metrics

    Estimated valuation£212,203
    Value per sq ft / m²£266/sq ft (£2,868/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile61st percentile
    National percentile28th 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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