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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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289, Groveley Lane, Birmingham is recorded publicly as a mid-century freehold house across 947 ft2 of internal area, sitting on a 126 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 289, Groveley Lane, Birmingham is £278,772 and its rental estimate is £849 per month, given the available information and assuming reasonable condition.
Groveley Lane, Birmingham, B31 falls within the B31 postal district, in the borough of Birmingham.
289, Groveley Lane, Birmingham has 21 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 289, Groveley Lane, Birmingham, we estimate a market value of £292,711 and a rental value of £891 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,258 and £789 per month respectively.
Over the last year, 289, Groveley Lane, Birmingham has seen its estimated sale value decline by £885 (0.3%) and its estimated rental value climb by £24 per month (2.8%). This results in an estimated gross rental yield of 3.7%.
HM Land Registry records the plot of land for 289, Groveley Lane, Birmingham as measuring 126 m2.
That makes it the 26th largest plot in the postcode, where 30 of the 46 other houses have recorded plot data.
289, Groveley Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 289, Groveley Lane, Birmingham completed on 29th October 2021 at £138,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 37.8% over the period since October 2021.
Over the past 2 years 3 properties similar to 289, Groveley Lane, Birmingham have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th October 2024, was 151, Groveley Lane, Birmingham, B31 4QA, a freehold house which sold for £275,000.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 320 addresses on Groveley Lane, Birmingham, B31, 289, Groveley Lane, Birmingham comes out as the 82nd largest and the 51st most expensive in our analysis of the public data.
It is also £48k more expensive than the average property across the B31 district.
From 289, Groveley Lane, Birmingham, the nearest station is Longbridge, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 289, Groveley Lane, Birmingham, 45.6% of property is socially rented and 23.4% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 289, Groveley Lane, Birmingham, 24.0% of residents are recorded as possessing school level qualifications and 23.3% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 289, Groveley Lane, Birmingham, the average age was 38.1 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 289, Groveley Lane, Birmingham, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 289, Groveley Lane, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
