124 Gravelly Lane

    124, GRAVELLY LANE, BIRMINGHAM, B23 6LS

    This semi-detached freehold property on Gravelly Lane last sold in September 2016 for £155,000. Based on price growth in the B23 district since then, its estimated current value is £232,339 — placing it in the 33rd percentile nationally and the 72nd percentile within B23. The property covers 101 m² (1,087 sq ft), giving an estimated value of £2,300 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £155,000

    Sept 2016

    Estimated Valuation

    £232,339

    Est. £/sq ft

    £214/sq ft

    £2,300/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,087 sq ft (101 m²)
    EPC dateApr 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2016

    £155,000

    7 Feb 2014

    £137,500

    7 Apr 2003

    £86,000

    7 Mar 1997

    £45,500

    Key Metrics

    Estimated valuation£232,339
    Value per sq ft / m²£214/sq ft (£2,300/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile72nd percentile
    National percentile33rd 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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