256 Groveley Lane

    256, GROVELEY LANE, BIRMINGHAM, BIRMINGHAM, B31 4QD

    This terraced leasehold property on Groveley Lane last sold in February 2007 for £69,950. Based on price growth in the B31 district since then, its estimated current value is £123,131 — placing it in the 7th percentile nationally and the 8th percentile within B31. The property covers 64 m² (689 sq ft), giving an estimated value of £1,924 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £69,950

    Feb 2007

    Estimated Valuation

    £123,131

    Est. £/m²

    £1,924/m²

    £179/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area64 m² (689 sq ft)
    EPC dateNov 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2007

    £69,950

    31 May 2000

    £27,000

    20 Dec 1995

    £46,500

    Key Metrics

    Estimated valuation£123,131
    Value per m² / sq ft£1,924/m² (£179/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile8th percentile
    National percentile7th 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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