245 Groveley Lane

    245, GROVELEY LANE, BIRMINGHAM, B31 4PS

    This semi-detached freehold property on Groveley Lane last sold in April 2009 for £115,000. Based on price growth in the B31 district since then, its estimated current value is £236,341 — placing it in the 34th percentile nationally and the 52nd percentile within B31. The property covers 63 m² (678 sq ft), giving an estimated value of £3,751 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    63 m²

    (678 sq ft)

    Last Sale Price

    £115,000

    Apr 2009

    Estimated Valuation

    £236,341

    Est. £/m²

    £3,751/m²

    £348/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area63 m² (678 sq ft)
    EPC dateJan 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Apr 2009

    £115,000

    21 Jul 2006

    £127,500

    5 Jan 2006

    £75,000

    Key Metrics

    Estimated valuation£236,341
    Value per m² / sq ft£3,751/m² (£348/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile52nd percentile
    National percentile34th 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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