262, Groveley Lane
262, Groveley Lane
Description & Estimates
The public record lists 262, Groveley Lane, Birmingham as a leasehold house sitting on a 299 m2 plot.
Comparison with its neighbours suggests an early-century house with 781 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
262, Groveley Lane, Birmingham has an estimated sale value of £181,719 and an estimated rental value of £664 per month, assuming reasonable condition and based on the information available.
Groveley Lane, Birmingham, B31 lies in the borough of Birmingham, within the B31 postal district.
Our Data Sources
262, Groveley Lane, Birmingham has a single entry in the Land Registry from December 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 262, Groveley Lane, Birmingham would be worth £190,805, with a potential rental value of £697 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £168,999, with a rental value of £617 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 262, Groveley Lane, Birmingham has moved down by £577 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £19 (2.8%). The property's estimated gross yield is currently 4.4%.
Plot Size
262, Groveley Lane, Birmingham occupies a 299 m2 plot as recorded by HM Land Registry.
All 43 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Sold Prices
262, Groveley Lane, Birmingham last changed hands on 20th December 2011, selling for £95,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 97.9% since December 2011.
- Sold Dec 2011£95,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 262, Groveley Lane, Birmingham across the last 2 years.
Most recently, 151, Kingswood Road, Birmingham, B31 4RU, a leasehold house, sold at £197,500 on the 17th May 2024.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 262, Groveley Lane, Birmingham as the 152nd largest and the 302nd most expensive of the 320 addresses on Groveley Lane, Birmingham, B31.
Against the B31 postcode district average, it is £49k less expensive than the typical property.
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Schools Nearby
- 500mCofton Primary School
- 700mAlbert Bradbeer Primary Academy
- 1.2kmSt John Fisher Catholic Primary School
- 1.1kmTurves Green Boys' School
- 1.5kmKing Edward VI Northfield School for Girls
- 2.1kmColmers School and Sixth Form College
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Public Transport Nearby
Longbridge station is the nearest stop to 262, Groveley Lane, Birmingham at 900 metres away.
- 900mLongbridge
- 2.3kmNorthfield
- 3.3kmBarnt Green
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
