Apartment 18 City Gate, 124 Gravelly Hill

    APARTMENT 18 CITY GATE, 124, GRAVELLY HILL, BIRMINGHAM, B23 7PF

    This flat/maisonette leasehold property on Gravelly Hill last sold in August 2019 for £115,500. Based on price growth in the B23 district since then, its estimated current value is £116,733 — placing it in the 6th percentile nationally and the 18th percentile within B23. The property covers 70 m² (753 sq ft), giving an estimated value of £1,668 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £115,500

    Aug 2019

    Estimated Valuation

    £116,733

    Est. £/sq ft

    £155/sq ft

    £1,668/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateJan 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Aug 2019

    £115,500

    19 Oct 2007

    New build

    £66,250

    Key Metrics

    Estimated valuation£116,733
    Value per sq ft / m²£155/sq ft (£1,668/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile18th percentile
    National percentile6th 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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