74 Groveley Lane

    74, GROVELEY LANE, BIRMINGHAM, B31 4QF

    This terraced leasehold property on Groveley Lane last sold in May 2018 for £130,000. Based on price growth in the B31 district since then, its estimated current value is £172,258 — placing it in the 17th percentile nationally and the 22nd percentile within B31. The property covers 72 m² (775 sq ft), giving an estimated value of £2,392 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    72 m²

    (775 sq ft)

    Last Sale Price

    £130,000

    May 2018

    Estimated Valuation

    £172,258

    Est. £/m²

    £2,392/m²

    £222/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area72 m² (775 sq ft)
    EPC dateMay 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2018

    £130,000

    29 Feb 2016

    £130,000

    25 Jul 2008

    £114,035

    25 Sept 1998

    £49,950

    Key Metrics

    Estimated valuation£172,258
    Value per m² / sq ft£2,392/m² (£222/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile22nd percentile
    National percentile17th 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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