2 Grovewood Drive

    2, GROVEWOOD DRIVE, BIRMINGHAM, B38 8NT

    This detached freehold property on Grovewood Drive last sold in April 2024 for £290,000. Based on price growth in the B38 district since then, its estimated current value is £263,791 — placing it in the 41st percentile nationally and the 60th percentile within B38. The property covers 81 m² (872 sq ft), giving an estimated value of £3,257 per m². The EPC rating is A, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    81 m²

    (872 sq ft)

    Last Sale Price

    £290,000

    Apr 2024

    Estimated Valuation

    £263,791

    Est. £/m²

    £3,257/m²

    £303/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentA
    EPC potentialA
    Floor area81 m² (872 sq ft)
    EPC dateSept 2023
    WallsAverage thermal transmittance 0.22 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Apr 2024

    £290,000

    Key Metrics

    Estimated valuation£263,791
    Value per m² / sq ft£3,257/m² (£303/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B38 district percentile60th percentile
    National percentile41st percentile

    District Context — B38

    B38 covers parts of south Birmingham, including areas around Bromsgrove Road and extending towards the outer suburbs. It is a mixed residential district with a blend of family homes and rental properties, reflecting diverse community needs.

    Average Property Price - B38

    £265,797

    32

    National percentile

    Average Net Household Income - B38

    £36,893

    43

    National percentile

    10-Year Annualised Price Growth - B38

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B38

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