249 Groveley Lane

    249, GROVELEY LANE, BIRMINGHAM, B31 4PS

    This terraced freehold property on Groveley Lane last sold in June 2015 for £116,000. Based on price growth in the B31 district since then, its estimated current value is £196,041 — placing it in the 23rd percentile nationally and the 33rd percentile within B31. The property covers 81 m² (872 sq ft), giving an estimated value of £2,420 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    81 m²

    (872 sq ft)

    Last Sale Price

    £116,000

    Jun 2015

    Estimated Valuation

    £196,041

    Est. £/m²

    £2,420/m²

    £225/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area81 m² (872 sq ft)
    EPC dateAug 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jun 2015

    £116,000

    Key Metrics

    Estimated valuation£196,041
    Value per m² / sq ft£2,420/m² (£225/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile33rd percentile
    National percentile23rd 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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