3 Grimpits Lane

    3, GRIMPITS LANE, BIRMINGHAM, B38 9EY

    This detached freehold property on Grimpits Lane last sold in September 2015 for £485,000. Based on price growth in the B38 district since then, its estimated current value is £681,235 — placing it in the 89th percentile nationally and the 98th percentile within B38. The property covers 209 m² (2,250 sq ft), giving an estimated value of £3,259 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    209 m²

    (2,250 sq ft)

    Last Sale Price

    £485,000

    Sept 2015

    Estimated Valuation

    £681,235

    Est. £/m²

    £3,259/m²

    £303/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelLPG (not community)
    EPC currentD
    EPC potentialC
    Floor area209 m² (2,250 sq ft)
    EPC dateApr 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    21 Sept 2015

    £485,000

    Key Metrics

    Estimated valuation£681,235
    Value per m² / sq ft£3,259/m² (£303/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B38 district percentile98th percentile
    National percentile89th 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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