216 Gravelly Lane

    216, GRAVELLY LANE, BIRMINGHAM, B23 5SN

    This terraced freehold property on Gravelly Lane last sold in August 2018 for £145,000. Based on price growth in the B23 district since then, its estimated current value is £199,133 — placing it in the 24th percentile nationally and the 53rd percentile within B23. The property covers 86 m² (926 sq ft), giving an estimated value of £2,316 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £145,000

    Aug 2018

    Estimated Valuation

    £199,133

    Est. £/sq ft

    £215/sq ft

    £2,316/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateMar 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2018

    £145,000

    13 Oct 2008

    £124,950

    8 May 2007

    £131,000

    15 Mar 2002

    £71,000

    28 May 1998

    £35,000

    Key Metrics

    Estimated valuation£199,133
    Value per sq ft / m²£215/sq ft (£2,316/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile53rd percentile
    National percentile24th 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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