224 Groveley Lane

    224, GROVELEY LANE, BIRMINGHAM, B31 4QD

    This terraced freehold property on Groveley Lane last sold in October 2002 for £79,950. Based on price growth in the B31 district since then, its estimated current value is £216,259 — placing it in the 29th percentile nationally and the 42nd percentile within B31. The property covers 70 m² (753 sq ft), giving an estimated value of £3,089 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    70 m²

    (753 sq ft)

    Last Sale Price

    £79,950

    Oct 2002

    Estimated Valuation

    £216,259

    Est. £/m²

    £3,089/m²

    £287/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area70 m² (753 sq ft)
    EPC dateApr 2022
    WallsCavity wall, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 2002

    £79,950

    Key Metrics

    Estimated valuation£216,259
    Value per m² / sq ft£3,089/m² (£287/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile42nd percentile
    National percentile29th 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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