349 Groveley Lane

    349, GROVELEY LANE, BIRMINGHAM, B31 4PS

    This detached freehold property on Groveley Lane last sold in May 2024 for £425,000. Based on price growth in the B31 district since then, its estimated current value is £403,735 — placing it in the 68th percentile nationally and the 92nd percentile within B31. The property covers 135 m² (1,453 sq ft), giving an estimated value of £2,991 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    135 m²

    (1,453 sq ft)

    Last Sale Price

    £425,000

    May 2024

    Estimated Valuation

    £403,735

    Est. £/m²

    £2,991/m²

    £278/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageJ
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area135 m² (1,453 sq ft)
    EPC dateJul 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 May 2024

    £425,000

    Key Metrics

    Estimated valuation£403,735
    Value per m² / sq ft£2,991/m² (£278/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile92nd percentile
    National percentile68th 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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