29 Gravelly Lane

    29, GRAVELLY LANE, BIRMINGHAM, B23 6UJ

    This terraced freehold property on Gravelly Lane last sold in December 2014 for £95,000. Based on price growth in the B23 district since then, its estimated current value is £170,434 — placing it in the 17th percentile nationally and the 34th percentile within B23. The property covers 65 m² (700 sq ft), giving an estimated value of £2,622 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £95,000

    Dec 2014

    Estimated Valuation

    £170,434

    Est. £/sq ft

    £244/sq ft

    £2,622/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateOct 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingPortable electric heaters assumed for most rooms

    Transaction History

    16 Dec 2014

    £95,000

    30 Sept 2002

    £17,100

    Key Metrics

    Estimated valuation£170,434
    Value per sq ft / m²£244/sq ft (£2,622/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile34th percentile
    National percentile17th 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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