281, Gravelly Lane
281, Gravelly Lane
Description & Estimates
The public record describes 281, Gravelly Lane, Birmingham as a mid-century apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
281, Gravelly Lane, Birmingham has an estimated sale value of £107,410 and an estimated rental value of £715 per month, assuming reasonable condition and based on the information available.
Gravelly Lane, Birmingham, B23 lies in the borough of Birmingham, within the B23 postal district.
Our Data Sources
281, Gravelly Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated July 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 281, Gravelly Lane, Birmingham would be worth £112,781, with a potential rental value of £751 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £99,891, with a rental value of £665 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 281, Gravelly Lane, Birmingham has risen by £139 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £12 (1.7%). The property's estimated gross yield is currently 8.0%.
Energy Efficiency
281, Gravelly Lane, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 281, Gravelly Lane, Birmingham across the last 2 years.
Most recently, 54, Enfield Close, Birmingham, B23 5SE, a leasehold flat, sold at £87,000 on the 24th June 2024.
Read more about house prices in B23.
•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 281, Gravelly Lane, Birmingham as the 314th largest and the 317th most expensive of the 350 addresses on Gravelly Lane, Birmingham, B23.
Against the B23 postcode district average, it is £99k less expensive than the typical property.
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Schools Nearby
- 500mAbbey Catholic Primary School
- 700mWylde Green Primary School
- 700mOsborne Primary School
- 600mSt Edmund Campion Catholic School
- 2.0kmStockland Green School
- 2.1kmErdington Academy
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Public Transport Nearby
Chester Road station is the nearest stop to 281, Gravelly Lane, Birmingham at 500 metres away.
- 500mChester Road
- 600mErdington
- 1.5kmWylde 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.
