222 Gravelly Lane

    222, GRAVELLY LANE, BIRMINGHAM, B23 5SN

    This terraced freehold property on Gravelly Lane last sold in June 2014 for £144,000. Based on price growth in the B23 district since then, its estimated current value is £258,342 — placing it in the 39th percentile nationally and the 82nd percentile within B23. The property covers 111 m² (1,195 sq ft), giving an estimated value of £2,327 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £144,000

    Jun 2014

    Estimated Valuation

    £258,342

    Est. £/sq ft

    £216/sq ft

    £2,327/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,195 sq ft (111 m²)
    EPC dateJul 2013
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jun 2014

    £144,000

    Key Metrics

    Estimated valuation£258,342
    Value per sq ft / m²£216/sq ft (£2,327/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile82nd percentile
    National percentile39th 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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