291 Groveley Lane

    291, GROVELEY LANE, BIRMINGHAM, B31 4PS

    This terraced freehold property on Groveley Lane last sold in March 2017 for £93,000. Based on price growth in the B31 district since then, its estimated current value is £134,375 — placing it in the 9th percentile nationally and the 11th percentile within B31. The property covers 88 m² (947 sq ft), giving an estimated value of £1,527 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £93,000

    Mar 2017

    Estimated Valuation

    £134,375

    Est. £/m²

    £1,527/m²

    £142/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area88 m² (947 sq ft)
    EPC dateJul 2016
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Mar 2017

    £93,000

    28 Sept 2016

    £81,000

    14 Apr 2004

    £95,000

    Key Metrics

    Estimated valuation£134,375
    Value per m² / sq ft£1,527/m² (£142/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile11th percentile
    National percentile9th 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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