381 Groveley Lane

    381, GROVELEY LANE, BIRMINGHAM, B31 2GR

    This detached freehold property on Groveley Lane last sold in November 2019 for £293,500. Based on price growth in the B31 district since then, its estimated current value is £343,529 — placing it in the 58th percentile nationally and the 86th percentile within B31. The property covers 90 m² (969 sq ft), giving an estimated value of £3,817 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    90 m²

    (969 sq ft)

    Last Sale Price

    £293,500

    Nov 2019

    Estimated Valuation

    £343,529

    Est. £/m²

    £3,817/m²

    £355/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area90 m² (969 sq ft)
    EPC dateSept 2019
    WallsAverage thermal transmittance 0.28 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Nov 2019

    New build

    £293,500

    Key Metrics

    Estimated valuation£343,529
    Value per m² / sq ft£3,817/m² (£355/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile86th percentile
    National percentile58th percentile

    District Context — B31

    B31 covers neighbourhoods in south Birmingham, forming part of the wider south-west urban area. The district has a notably young population profile and a significant proportion of social housing, reflecting its character as an established residential community.

    Average Property Price - B31

    £249,023

    27

    National percentile

    Average Net Household Income - B31

    £36,597

    41

    National percentile

    10-Year Annualised Price Growth - B31

    4.7%

    85

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B31

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