24 Groveley Lane

    24, GROVELEY LANE, BIRMINGHAM, B31 4QH

    This detached freehold property on Groveley Lane last sold in October 2024 for £440,000. Based on price growth in the B31 district since then, its estimated current value is £417,984 — placing it in the 70th percentile nationally and the 93rd percentile within B31. The property covers 169 m² (1,819 sq ft), giving an estimated value of £2,473 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    169 m²

    (1,819 sq ft)

    Last Sale Price

    £440,000

    Oct 2024

    Estimated Valuation

    £417,984

    Est. £/m²

    £2,473/m²

    £230/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area169 m² (1,819 sq ft)
    EPC dateMay 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Oct 2024

    £440,000

    Key Metrics

    Estimated valuation£417,984
    Value per m² / sq ft£2,473/m² (£230/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile93rd percentile
    National percentile70th 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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