Apartment 3 102 Gravelly Lane

    APARTMENT 3 102, GRAVELLY LANE, BIRMINGHAM, B23 6LS

    This flat/maisonette leasehold property on Gravelly Lane last sold in February 2015 for £92,000. Based on price growth in the B23 district since then, its estimated current value is £123,586 — placing it in the 7th percentile nationally and the 20th percentile within B23. The property covers 57 m² (614 sq ft), giving an estimated value of £2,168 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £92,000

    Feb 2015

    Estimated Valuation

    £123,586

    Est. £/sq ft

    £201/sq ft

    £2,168/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric underfloor heating

    Transaction History

    6 Feb 2015

    £92,000

    30 Mar 2012

    £82,500

    9 Mar 2009

    £92,000

    2 Aug 2005

    New build

    £124,000

    Key Metrics

    Estimated valuation£123,586
    Value per sq ft / m²£201/sq ft (£2,168/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile20th percentile
    National percentile7th 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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