253 Groveley Lane

    253, GROVELEY LANE, BIRMINGHAM, B31 4PS

    This terraced freehold property on Groveley Lane last sold in December 2017 for £167,500. Based on price growth in the B31 district since then, its estimated current value is £242,019 — placing it in the 35th percentile nationally and the 55th percentile within B31. The property covers 74 m² (797 sq ft), giving an estimated value of £3,271 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    74 m²

    (797 sq ft)

    Last Sale Price

    £167,500

    Dec 2017

    Estimated Valuation

    £242,019

    Est. £/m²

    £3,271/m²

    £304/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area74 m² (797 sq ft)
    EPC dateSept 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2017

    £167,500

    10 Mar 2003

    £88,000

    Key Metrics

    Estimated valuation£242,019
    Value per m² / sq ft£3,271/m² (£304/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile55th percentile
    National percentile35th 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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