291 Gravelly Lane

    291, GRAVELLY LANE, BIRMINGHAM, B23 5SR

    This terraced freehold property on Gravelly Lane last sold in January 2024 for £168,000. Based on price growth in the B23 district since then, its estimated current value is £172,784 — placing it in the 18th percentile nationally and the 36th percentile within B23. The property covers 87 m² (936 sq ft), giving an estimated value of £1,986 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £168,000

    Jan 2024

    Estimated Valuation

    £172,784

    Est. £/sq ft

    £185/sq ft

    £1,986/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jan 2024

    £168,000

    Key Metrics

    Estimated valuation£172,784
    Value per sq ft / m²£185/sq ft (£1,986/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile36th percentile
    National percentile18th 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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