305, Groveley Lane
305, Groveley Lane
Description & Estimates
305, Groveley Lane, Birmingham is described in the public record as a mid-century apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 305, Groveley Lane, Birmingham is £136,960 and its rental estimate is £579 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.
Our Data Sources
305, Groveley Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 305, Groveley Lane, Birmingham, we estimate a market value of £143,808 and a rental value of £608 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £127,373 and £539 per month respectively.
Recent Market Change
Over the last year, 305, Groveley Lane, Birmingham has seen its estimated sale value drop by £1,741 (1.3%) and its estimated rental value rise by £14 per month (2.4%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
305, Groveley Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 305, 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 7th July 2023, was 59, Burnside Way, Birmingham, B31 4JZ, a leasehold flat which sold for £127,000.
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
Of the 320 addresses on Groveley Lane, Birmingham, B31, 305, Groveley Lane, Birmingham comes out as the 307th largest and the 319th most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the B31 district.
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Schools Nearby
- 1.0kmCofton Primary School
- 1.0kmSt Columba's Catholic Primary School
- 1.0kmAlbert Bradbeer Primary Academy
- 1.4kmTurves Green Boys' School
- 1.7kmColmers School and Sixth Form College
- 1.8kmKing Edward VI Northfield School for Girls
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Public Transport Nearby
From 305, Groveley Lane, Birmingham, the nearest station is Longbridge, 1.0 kilometres away.
- 1.0kmLongbridge
- 2.5kmNorthfield
- 3.0kmBarnt Green
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
