383 Gravelly Lane

    383, GRAVELLY LANE, BIRMINGHAM, B23 5TA

    This terraced freehold property on Gravelly Lane last sold in October 2020 for £318,000. Based on price growth in the B23 district since then, its estimated current value is £424,518 — placing it in the 71st percentile nationally and the 99th percentile within B23. The property covers 125 m² (1,346 sq ft), giving an estimated value of £3,396 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,346 sq ft

    125 m²

    Last Sale Price

    £318,000

    Oct 2020

    Estimated Valuation

    £424,518

    Est. £/sq ft

    £315/sq ft

    £3,396/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,346 sq ft (125 m²)
    EPC dateAug 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Oct 2020

    £318,000

    15 Jan 2016

    £196,000

    3 Sept 2004

    £167,000

    Key Metrics

    Estimated valuation£424,518
    Value per sq ft / m²£315/sq ft (£3,396/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile99th percentile
    National percentile71st 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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