New Cottage Groveley Lane

    NEW COTTAGE, GROVELEY LANE, BIRMINGHAM, B31 4PS

    This detached freehold property on Groveley Lane last sold in May 2017 for £174,950. Based on price growth in the B31 district since then, its estimated current value is £257,203 — placing it in the 39th percentile nationally and the 61st percentile within B31. The property covers 73 m² (786 sq ft), giving an estimated value of £3,523 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    73 m²

    (786 sq ft)

    Last Sale Price

    £174,950

    May 2017

    Estimated Valuation

    £257,203

    Est. £/m²

    £3,523/m²

    £327/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area73 m² (786 sq ft)
    EPC dateFeb 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 May 2017

    £174,950

    30 Jul 2015

    £96,000

    13 Aug 2007

    £113,500

    18 Apr 2002

    £54,000

    Key Metrics

    Estimated valuation£257,203
    Value per m² / sq ft£3,523/m² (£327/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile61st percentile
    National percentile39th 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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