15 Gravelly Lane

    15, GRAVELLY LANE, BIRMINGHAM, B23 6UJ

    This semi-detached leasehold property on Gravelly Lane last sold in January 2020 for £74,000. Based on price growth in the B23 district since then, its estimated current value is £91,751 — placing it in the 3rd percentile nationally and the 9th percentile within B23. The property covers 69 m² (743 sq ft), giving an estimated value of £1,330 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £74,000

    Jan 2020

    Estimated Valuation

    £91,751

    Est. £/sq ft

    £124/sq ft

    £1,330/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateMay 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jan 2020

    £74,000

    11 Oct 2019

    £70,000

    Key Metrics

    Estimated valuation£91,751
    Value per sq ft / m²£124/sq ft (£1,330/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile9th percentile
    National percentile3rd 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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