248 Groveley Lane

    248, GROVELEY LANE, BIRMINGHAM, B31 4QD

    This terraced freehold property on Groveley Lane last sold in August 2022 for £199,950. Based on price growth in the B31 district since then, its estimated current value is £209,815 — placing it in the 27th percentile nationally and the 39th percentile within B31. The property covers 63 m² (678 sq ft), giving an estimated value of £3,330 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    63 m²

    (678 sq ft)

    Last Sale Price

    £199,950

    Aug 2022

    Estimated Valuation

    £209,815

    Est. £/m²

    £3,330/m²

    £309/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area63 m² (678 sq ft)
    EPC dateSept 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2022

    £199,950

    6 Dec 2019

    £175,000

    25 Aug 2006

    £106,250

    Key Metrics

    Estimated valuation£209,815
    Value per m² / sq ft£3,330/m² (£309/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile39th percentile
    National percentile27th 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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