Groveley Lane - B31 4PZ
Key Postcode Insights
B31 4PZ is a residential postcode situated on Groveley Lane, Birmingham, B31 with 9 addresses.
It ranks as the 208th largest and 764th most expensive of the 1,118 postcodes in the B31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £252,661
- 10 Year change
- up 53.6%
- Ave. Rental Price
- £1,240pcm
- 10 Year change
- up 64.2%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
B31 4PZ is a residential postcode situated on Groveley Lane, Birmingham, B31 with 9 addresses.
It ranks as the 208th largest and 764th most expensive of the 1,118 postcodes in the B31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £252,661
- 10 Year change
- up 53.6%
- Ave. Rental Price
- £1,240pcm
- 10 Year change
- up 64.2%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin B31 4PZ
- 264 Groveley Lane
3 Bed Mid-century House
- 266 Groveley Lane
3 Bed Mid-century House
- 268 Groveley Lane
4 Bed Mid-century House
- 270 Groveley Lane
3 Bed Mid-century House
- 272 Groveley Lane
Unknown
Sales Market Trends
The last sale in B31 4PZ sold for £240,000 on 21st July 2023. Since then prices are up an average of 3.4%.
The current average value in the postcode is £252,661.
The B31 4PZ Sales Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £252,661 |
| June 2025 | 1.4% | £253,382 |
| June 2024 | 1.1% | £249,936 |
| June 2023 | 4.7% | £247,274 |
| June 2022 | 10.4% | £236,285 |
| June 2021 | 7.8% | £214,030 |
| June 2020 | 1.3% | £198,501 |
| June 2019 | 4.3% | £195,977 |
| June 2018 | 5% | £187,828 |
| June 2017 | 8.8% | £178,937 |
| June 2016 | 6.9% | £164,492 |
| June 2015 | 3.5% | £153,866 |
| June 2014 | 5.7% | £148,606 |
| June 2013 | 3.6% | £140,634 |
| June 2012 | 0.8% | £135,790 |
| June 2011 | -0.8% | £134,687 |
| June 2010 | 6.9% | £135,710 |
| June 2009 | -8.9% | £126,946 |
| June 2008 | -4.4% | £139,319 |
| June 2007 | 0% | £145,735 |
Rental Market Trends
The current average rental value in the postcode is £1,240.
The B31 4PZ Rental Market has increased by 64.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,240pcm |
| June 2025 | 3.1% | £1,208pcm |
| June 2024 | 8.1% | £1,172pcm |
| June 2023 | 11.7% | £1,084pcm |
| June 2022 | 8.9% | £971pcm |
| June 2021 | 6% | £892pcm |
| June 2020 | 3% | £841pcm |
| June 2019 | 1.7% | £817pcm |
| June 2018 | 2.2% | £804pcm |
| June 2017 | 4.2% | £787pcm |
| June 2016 | 5.1% | £755pcm |
| June 2015 | 3.7% | £718pcm |
| June 2014 | 3.9% | £693pcm |
| June 2013 | 1.7% | £667pcm |
| June 2012 | 1.9% | £656pcm |
| June 2011 | 0.4% | £644pcm |
| June 2010 | 5.9% | £641pcm |
| June 2009 | -2.9% | £605pcm |
| June 2008 | -0.6% | £624pcm |
| June 2007 | 0% | £627pcm |
Sales History
The last sale was on 21st July 2023 for £240,000 and since then the market in the area has increased by 3.4%. The postcode has had a total of 4 sales since 1995.
B31 4PZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2023£240,000 | 3 Bed House264, Groveley Lane, Birmingham, B31 4PZ264, Groveley Lane, Birmingham, B31 4PZ
- Sold Dec 2013£152,500 | 4 Bed House268, Groveley Lane, Birmingham, B31 4PZ268, Groveley Lane, Birmingham, B31 4PZ
- Sold Mar 2003£105,000 | 4 Bed House268, Groveley Lane, Birmingham, B31 4PZ268, Groveley Lane, Birmingham, B31 4PZ
- Sold Jul 2002£110,000 | 3 Bed House274, Groveley Lane, Birmingham, B31 4PZ274, Groveley Lane, Birmingham, B31 4PZ
Nearby Postcodes
B31 4PZ is the 208th largest and the 764th most expensive postcode out of the 1,118 postcodes in the B31 area.
- B31 4PP, Edenhurst Road, Birmingham, B31B31 4PP19 Addresses|121 m away
- B31 4QT, Coombes Lane, Birmingham, B31B31 4QT32 Addresses|156 m away
- B31 4QB, Groveley Lane, Birmingham, B31B31 4QB30 Addresses|173 m away
- B31 4TQ, Nuthurst Road, Birmingham, B31B31 4TQ25 Addresses|175 m away
- B31 4QU, Coombes Lane, Birmingham, B31B31 4QU40 Addresses|187 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (5)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2023£1,740,000 | 4 Bed HouseUnit 5, The Cofton Centre, Groveley Lane, Birmingham, B31 4PTUnit 5, The Cofton Centre, Groveley Lane, Birmingham, B31 4PT
- Sold Apr 2018£580,000 | 4 Bed House327, Groveley Lane, Birmingham, B31 4PS327, Groveley Lane, Birmingham, B31 4PS
- Sold Oct 2024£440,000 | 5 Bed House24, Groveley Lane, Birmingham, B31 4QH24, Groveley Lane, Birmingham, B31 4QH
Schools Nearby
- Cofton Primary School700 m away
- Albert Bradbeer Primary Academy800 m away
- St Columba's Catholic Primary School1.1 km away
- Turves Green Boys' School1.3 km away
- King Edward VI Northfield School for Girls1.6 km away
- Colmers School and Sixth Form College1.9 km away
More reading links
Public Transport Nearby
The closest station to B31 4PZ is Longbridge station, which is 1.0 kilometres away.
- Longbridge|1.0 km away
- Northfield|2.4 km away
- Barnt Green|3.1 km away
- Kings Norton|4.1 km away