315 Gravelly Lane

    315, GRAVELLY LANE, BIRMINGHAM, B23 5SR

    This terraced leasehold property on Gravelly Lane last sold in November 2009 for £121,000. Based on price growth in the B23 district since then, its estimated current value is £221,993 — placing it in the 30th percentile nationally and the 67th percentile within B23. The property covers 56 m² (603 sq ft), giving an estimated value of £3,964 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £121,000

    Nov 2009

    Estimated Valuation

    £221,993

    Est. £/sq ft

    £368/sq ft

    £3,964/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentE
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateDec 2021
    WallsCavity wall, filled cavity
    HeatingNo system present: electric heaters assumed

    Transaction History

    20 Nov 2009

    £121,000

    Key Metrics

    Estimated valuation£221,993
    Value per sq ft / m²£368/sq ft (£3,964/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile67th percentile
    National percentile30th 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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