116 Gravelly Lane

    116, GRAVELLY LANE, BIRMINGHAM, B23 6LS

    This terraced freehold property on Gravelly Lane last sold in October 2017 for £131,000. Based on price growth in the B23 district since then, its estimated current value is £191,626 — placing it in the 22nd percentile nationally and the 47th percentile within B23. The property covers 88 m² (947 sq ft), giving an estimated value of £2,178 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £131,000

    Oct 2017

    Estimated Valuation

    £191,626

    Est. £/sq ft

    £202/sq ft

    £2,178/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateMar 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Oct 2017

    £131,000

    1 Feb 2017

    £80,000

    Key Metrics

    Estimated valuation£191,626
    Value per sq ft / m²£202/sq ft (£2,178/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile47th percentile
    National percentile22nd 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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