Flat 3 403 Gravelly Lane

    FLAT 3 403, GRAVELLY LANE, BIRMINGHAM, B23 5TA

    This flat/maisonette leasehold property on Gravelly Lane last sold in January 2015 for £39,400. Based on price growth in the B23 district since then, its estimated current value is £52,927 — placing it in the 0th percentile nationally and the 1st percentile within B23. The property covers 56 m² (603 sq ft), giving an estimated value of £945 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £39,400

    Jan 2015

    Estimated Valuation

    £52,927

    Est. £/sq ft

    £88/sq ft

    £945/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateOct 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jan 2015

    £39,400

    Key Metrics

    Estimated valuation£52,927
    Value per sq ft / m²£88/sq ft (£945/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile1st percentile
    National percentile0th 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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