305 Gravelly Lane

    305, GRAVELLY LANE, BIRMINGHAM, B23 5SR

    This flat/maisonette leasehold property on Gravelly Lane last sold in November 2015 for £91,000. Based on price growth in the B23 district since then, its estimated current value is £122,243 — placing it in the 7th percentile nationally and the 19th percentile within B23. The property covers 58 m² (624 sq ft), giving an estimated value of £2,108 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £91,000

    Nov 2015

    Estimated Valuation

    £122,243

    Est. £/sq ft

    £196/sq ft

    £2,108/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateDec 2023
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    27 Nov 2015

    £91,000

    20 Mar 2008

    £90,000

    29 Mar 1996

    £32,500

    Key Metrics

    Estimated valuation£122,243
    Value per sq ft / m²£196/sq ft (£2,108/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile19th percentile
    National percentile7th 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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