397 Gravelly Lane

    397, GRAVELLY LANE, BIRMINGHAM, B23 5TA

    This terraced freehold property on Gravelly Lane last sold in November 2009 for £165,000. Based on price growth in the B23 district since then, its estimated current value is £302,717 — placing it in the 50th percentile nationally and the 92nd percentile within B23. The property covers 121 m² (1,302 sq ft), giving an estimated value of £2,502 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £165,000

    Nov 2009

    Estimated Valuation

    £302,717

    Est. £/sq ft

    £232/sq ft

    £2,502/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,302 sq ft (121 m²)
    EPC dateMar 2026
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Nov 2009

    £165,000

    22 May 1998

    £43,000

    Key Metrics

    Estimated valuation£302,717
    Value per sq ft / m²£232/sq ft (£2,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile92nd percentile
    National percentile50th 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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