Apartment 7 Stirling House, 387 Groveley Lane

    APARTMENT 7 STIRLING HOUSE, 387, GROVELEY LANE, BIRMINGHAM, B31 2GR

    This flat/maisonette leasehold property on Groveley Lane last sold in February 2019 for £171,995. Based on price growth in the B31 district since then, its estimated current value is £169,366 — placing it in the 17th percentile nationally and the 21st percentile within B31. The property covers 55 m² (592 sq ft), giving an estimated value of £3,079 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    55 m²

    (592 sq ft)

    Last Sale Price

    £171,995

    Feb 2019

    Estimated Valuation

    £169,366

    Est. £/m²

    £3,079/m²

    £286/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area55 m² (592 sq ft)
    EPC dateFeb 2019
    WallsAverage thermal transmittance 0.27 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2019

    New build

    £171,995

    Key Metrics

    Estimated valuation£169,366
    Value per m² / sq ft£3,079/m² (£286/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile21st percentile
    National percentile17th 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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