Vermont Gravel Pit Lane

    VERMONT, GRAVEL PIT LANE, ROWNEY GREEN, BIRMINGHAM, B48 7QG

    This detached freehold property on Gravel Pit Lane last sold in November 2015 for £500,000. Based on price growth in the B48 district since then, its estimated current value is £630,451 — placing it in the 87th percentile nationally and the 80th percentile within B48. The property covers 198 m² (2,131 sq ft), giving an estimated value of £3,184 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    198 m²

    (2,131 sq ft)

    Last Sale Price

    £500,000

    Nov 2015

    Estimated Valuation

    £630,451

    Est. £/m²

    £3,184/m²

    £296/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area198 m² (2,131 sq ft)
    EPC dateMay 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingWarm air, oil

    Transaction History

    30 Nov 2015

    £500,000

    Key Metrics

    Estimated valuation£630,451
    Value per m² / sq ft£3,184/m² (£296/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B48 district percentile80th percentile
    National percentile87th percentile

    District Context — B48

    B48 covers areas in the south-western part of the Birmingham postcode region. It is a well-established residential district with a mature demographic profile and strong owner-occupier character.

    Average Property Price - B48

    £462,756

    76

    National percentile

    Average Net Household Income - B48

    £42,628

    68

    National percentile

    10-Year Annualised Price Growth - B48

    2.6%

    17

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B48

    More properties in B48

    Explore nearby