389 Gravelly Lane

    389, GRAVELLY LANE, BIRMINGHAM, BIRMINGHAM, B23 5TA

    This terraced freehold property on Gravelly Lane last sold in September 2004 for £135,000. Based on price growth in the B23 district since then, its estimated current value is £267,733 — placing it in the 42nd percentile nationally and the 85th percentile within B23. The property covers 106 m² (1,141 sq ft), giving an estimated value of £2,526 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £135,000

    Sept 2004

    Estimated Valuation

    £267,733

    Est. £/sq ft

    £235/sq ft

    £2,526/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Sept 2004

    £135,000

    Key Metrics

    Estimated valuation£267,733
    Value per sq ft / m²£235/sq ft (£2,526/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile85th percentile
    National percentile42nd 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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